Oil & Gas Property in Lea County, NM
Key data points for Redtag
| County | Lea County, NM |
|---|---|
| Production Dates | Apr 2001 - Dec 2024 |
| Total Oil Production | 164,609 BBLs |
| Total Gas Production | 1,919,816 MCF |
| Recent Oil Production | 350 BBLs in Nov 2024 |
| Recent Gas Production | 2,607 MCF in Nov 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Redtag
ShaleAssessment™
$22,265 *
MarketMultiple™
$73,024 **
* 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 | 26 BBLs | 625 MCF | Dec 2024 |
| Blankenship | Lea County, NM | 11 BBLs | 505 MCF | Dec 2024 |
| Chesterfield | Lea County, NM | 14 BBLs | 745 MCF | Dec 2024 |
| Cone | Lea County, NM | 54 BBLs | 613 MCF | Dec 2024 |
| Crown | Lea County, NM | 41 BBLs | 254 MCF | Dec 2024 |
| Dixie Queen | Lea County, NM | 143 BBLs | 1,635 MCF | Dec 2024 |
| Hester 12 | Lea County, NM | 274 BBLs | 3,130 MCF | Dec 2024 |
| House | Lea County, NM | 38 BBLs | 497 MCF | Dec 2024 |
| Howse | Lea County, NM | 96 BBLs | 575 MCF | Dec 2024 |
| Kool | Lea County, NM | 35 BBLs | 447 MCF | Dec 2024 |
| L & M 00 | Lea County, NM | 399 BBLs | 2,168 MCF | Dec 2024 |
| Magnolia | Lea County, NM | 114 BBLs | 792 MCF | Dec 2024 |
| McCasland | Lea County, NM | 259 BBLs | 1,510 MCF | Dec 2024 |
| Melot | Lea County, NM | 175 BBLs | 895 MCF | Dec 2024 |
| Merit | Lea County, NM | 215 BBLs | 2,054 MCF | Dec 2024 |
| Pinot | Lea County, NM | 135 BBLs | 675 MCF | Dec 2024 |
| Rhino | Lea County, NM | 66 BBLs | 414 MCF | Dec 2024 |
| Roitan | Lea County, NM | 21 BBLs | 737 MCF | Dec 2024 |
| Werta Federal | Lea County, NM | 253 BBLs | 1,022 MCF | Dec 2024 |
| White Owl | Lea County, NM | 96 BBLs | 568 MCF | Dec 2024 |
These are the closest 20 companies operating near the Redtag property.