Reed 24 25 B State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Reed 24 25 B State

CountyLea County, NM
OperatorCONTINENTAL RESOURCES, INC.
Production DatesOct 2018 - Jan 2025
Total Oil Production89,100 BBLs
Total Gas Production421,806 MCF
Recent Oil Production769 BBLs in Jan 2025
Recent Gas Production5,987 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for Reed 24 25 B State

ShaleAssessment

Not Available

MarketMultiple

$79,173 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed 24 25 B State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed 24 25 B State
from Oct 2018 to Jan 2025

Wells on Reed 24 25 B State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-44248REED 24 25 B STATE 001HCONTINENTAL RESOURCES, INC.ActiveLea County, NM33.009239-103.352743

Leases included in Reed 24 25 B State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320136REED 24 25 B STATECONTINENTAL RESOURCES, INC.Lea County, NM

Nearby Properties

These are the closest 20 properties to the Reed 24 25 B State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arco StateLea County, NM0 BBLs0 MCFMar 2018
Big Bear AtnLea County, NM117 BBLs0 MCFJan 2025
Bus Barn 4Lea County, NM40 BBLs166 MCFJan 2025
CaudillLea County, NM0 BBLs0 MCFMay 1998
Caudill East 9 FeeLea County, NM278 BBLs1,630 MCFJan 2025
Caudill NorthLea County, NM0 BBLs0 MCFOct 2011
Caudill South 21 FeeLea County, NM440 BBLs928 MCFJan 2025
Caudill WestLea County, NM248 BBLs21,060 MCFJan 2025
Chocolate Foam WingLea County, NM12 BBLs919 MCFJan 2025
Easley 6Lea County, NM940 BBLs3,453 MCFJan 2025
GoodrichLea County, NM0 BBLs0 MCFDec 1998
GrahamLea County, NM229 BBLs1,663 MCFJan 2025
HamiltonLea County, NM19 BBLs156 MCFJan 2025
Julia CulpLea County, NM0 BBLs0 MCFAug 2001
Morton UnitLea County, NM0 BBLs158 MCFJan 2025
Royal StimulatorLea County, NM0 BBLs0 MCFMar 2008
SnyderLea County, NM0 BBLs0 MCFOct 2008
StateLea County, NM460 BBLs67 MCFJan 2025
StateLea County, NM0 BBLs0 MCFFeb 2002
West Lovington Strawn UnitLea County, NM2,425 BBLs6,373 MCFJan 2025