Oil & Gas Property in Lea County, NM
Key data points for Redhead 31 Federal
| County | Lea County, NM |
|---|---|
| Operator | COG PRODUCTION LLC |
| Production Dates | Apr 2013 - Dec 2024 |
| Total Oil Production | 245,491 BBLs |
| Total Gas Production | 509,940 MCF |
| Recent Oil Production | 652 BBLs in Nov 2024 |
| Recent Gas Production | 59 MCF in Nov 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,220 *
MarketMultiple™
$88,250 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Redhead 31 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azores Federal | Lea County, NM | 143,707 BBLs | 484,819 MCF | Dec 2024 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 16,146 BBLs | 96,474 MCF | Dec 2024 |
| Corvo Federal | Lea County, NM | 2,052 BBLs | 3,032 MCF | Dec 2024 |
| Cotton Draw | Lea County, NM | 601,640 BBLs | 3,964,018 MCF | Dec 2024 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 40,375 BBLs | 325,915 MCF | Dec 2024 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 1,763 BBLs | 7,922 MCF | Nov 2024 |
| King Tut Federal | Lea County, NM | 6,338 BBLs | 25,454 MCF | Dec 2024 |
| Lippizzan 4 Federal | Lea County, NM | 2,553 BBLs | 8,661 MCF | Dec 2024 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 71,428 BBLs | 480,047 MCF | Dec 2024 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 61,338 BBLs | 224,490 MCF | Dec 2024 |
| Outrider | Lea County, NM | 300,060 BBLs | 690,597 MCF | Dec 2024 |
| Outrider 28 Federal Com | Lea County, NM | 241,388 BBLs | 348,672 MCF | Dec 2024 |
| Paint 33 Federal | Lea County, NM | 2,486 BBLs | 1,806 MCF | Dec 2024 |
| Poker Bix | Eddy County, NM | 380 BBLs | 772 MCF | Nov 2024 |
| Rebel 20 Federal | Lea County, NM | 10,448 BBLs | 15,169 MCF | Dec 2024 |
| Trionyx 6 7 Federal Com | Lea County, NM | 6,411 BBLs | 298,879 MCF | Dec 2024 |
| Trionyx 6 Federal | Lea County, NM | 5,737 BBLs | 34,152 MCF | Dec 2024 |
| Windward Federal | Lea County, NM | 16,045 BBLs | 414,272 MCF | Dec 2024 |
These are the closest 20 companies operating near the Redhead 31 Federal property.