Oil & Gas Property in Lea County, NM
Key data points for Redtag
County | Lea County, NM |
---|---|
Production Dates | Apr 2001 - Jan 2025 |
Total Oil Production | 165,100 BBLs |
Total Gas Production | 1,922,290 MCF |
Recent Oil Production | 491 BBLs in Jan 2025 |
Recent Gas Production | 2,474 MCF in Jan 2025 |
Wells on Property | 6 |
Our Valuation Estimates for Redtag
ShaleAssessment™
$22,028 *
MarketMultiple™
$67,706 **
* 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 Redtag property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Arnold A | Lea County, NM | 45 BBLs | 650 MCF | Jan 2025 |
Blankenship | Lea County, NM | 0 BBLs | 228 MCF | Jan 2025 |
Chesterfield | Lea County, NM | 6 BBLs | 416 MCF | Jan 2025 |
Cone | Lea County, NM | 172 BBLs | 206 MCF | Jan 2025 |
Crown | Lea County, NM | 55 BBLs | 70 MCF | Jan 2025 |
Dixie Queen | Lea County, NM | 111 BBLs | 1,248 MCF | Jan 2025 |
Hester 12 | Lea County, NM | 257 BBLs | 2,443 MCF | Jan 2025 |
House | Lea County, NM | 51 BBLs | 535 MCF | Jan 2025 |
Howse | Lea County, NM | 4 BBLs | 613 MCF | Jan 2025 |
Kool | Lea County, NM | 356 BBLs | 645 MCF | Jan 2025 |
L & M 00 | Lea County, NM | 509 BBLs | 1,544 MCF | Jan 2025 |
Magnolia | Lea County, NM | 101 BBLs | 572 MCF | Jan 2025 |
McCasland | Lea County, NM | 225 BBLs | 1,294 MCF | Feb 2025 |
Melot | Lea County, NM | 86 BBLs | 950 MCF | Jan 2025 |
Merit | Lea County, NM | 230 BBLs | 1,733 MCF | Jan 2025 |
Pinot | Lea County, NM | 255 BBLs | 559 MCF | Jan 2025 |
Rhino | Lea County, NM | 69 BBLs | 169 MCF | Jan 2025 |
Roitan | Lea County, NM | 33 BBLs | 812 MCF | Jan 2025 |
Werta Federal | Lea County, NM | 274 BBLs | 860 MCF | Jan 2025 |
White Owl | Lea County, NM | 64 BBLs | 570 MCF | Jan 2025 |
These are the closest 20 companies operating near the Redtag property.