Oil & Gas Property in Lea County, NM
Key data points for Redtag
| County | Lea County, NM |
|---|---|
| Production Dates | Apr 2001 - Nov 2024 |
| Total Oil Production | 164,162 BBLs |
| Total Gas Production | 1,917,126 MCF |
| Recent Oil Production | 537 BBLs in Oct 2024 |
| Recent Gas Production | 3,246 MCF in Oct 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Redtag
ShaleAssessment™
$22,572 *
MarketMultiple™
$73,461 **
* 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 | 97 BBLs | 819 MCF | Nov 2024 |
| Blankenship | Lea County, NM | 32 BBLs | 704 MCF | Nov 2024 |
| Chesterfield | Lea County, NM | 27 BBLs | 598 MCF | Nov 2024 |
| Cone | Lea County, NM | 61 BBLs | 736 MCF | Nov 2024 |
| Crown | Lea County, NM | 66 BBLs | 299 MCF | Nov 2024 |
| Dixie Queen | Lea County, NM | 123 BBLs | 1,851 MCF | Nov 2024 |
| Hester 12 | Lea County, NM | 217 BBLs | 3,708 MCF | Nov 2024 |
| House | Lea County, NM | 67 BBLs | 573 MCF | Nov 2024 |
| Howse | Lea County, NM | 122 BBLs | 673 MCF | Nov 2024 |
| Kool | Lea County, NM | 29 BBLs | 271 MCF | Nov 2024 |
| L & M 00 | Lea County, NM | 522 BBLs | 2,916 MCF | Nov 2024 |
| Magnolia | Lea County, NM | 125 BBLs | 848 MCF | Nov 2024 |
| McCasland | Lea County, NM | 270 BBLs | 1,534 MCF | Nov 2024 |
| Melot | Lea County, NM | 151 BBLs | 821 MCF | Nov 2024 |
| Merit | Lea County, NM | 258 BBLs | 2,314 MCF | Nov 2024 |
| Pinot | Lea County, NM | 141 BBLs | 750 MCF | Nov 2024 |
| Rhino | Lea County, NM | 59 BBLs | 522 MCF | Nov 2024 |
| Roitan | Lea County, NM | 21 BBLs | 770 MCF | Nov 2024 |
| Werta Federal | Lea County, NM | 285 BBLs | 1,125 MCF | Nov 2024 |
| White Owl | Lea County, NM | 103 BBLs | 697 MCF | Nov 2024 |
These are the closest 20 companies operating near the Redtag property.