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 - Feb 2025
Total Oil Production89,691 BBLs
Total Gas Production427,293 MCF
Recent Oil Production591 BBLs in Feb 2025
Recent Gas Production5,487 MCF in Feb 2025
Wells on Property1

Our Valuation Estimates for Reed 24 25 B State

ShaleAssessment

Not Available

MarketMultiple

$85,231 **

* 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 Feb 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, NM185 BBLs0 MCFFeb 2025
Bills HopperLea County, NM0 BBLs0 MCFSep 2024
Bus Barn 4Lea County, NM49 BBLs278 MCFFeb 2025
CaudillLea County, NM0 BBLs0 MCFMay 1998
Caudill NorthLea County, NM0 BBLs0 MCFOct 2011
Caudill South 21 FeeLea County, NM415 BBLs310 MCFFeb 2025
Caudill WestLea County, NM174 BBLs20,091 MCFFeb 2025
Chocolate Foam WingLea County, NM20 BBLs513 MCFFeb 2025
GoodrichLea County, NM0 BBLs0 MCFDec 1998
HamiltonLea County, NM76 BBLs296 MCFFeb 2025
Julia CulpLea County, NM0 BBLs0 MCFAug 2001
Lea 396 StateLea County, NM0 BBLs0 MCFSep 2019
Morton UnitLea County, NM0 BBLs583 MCFFeb 2025
Royal StimulatorLea County, NM0 BBLs0 MCFMar 2008
SnyderLea County, NM0 BBLs0 MCFOct 2008
StateLea County, NM306 BBLs63 MCFFeb 2025
StateLea County, NM0 BBLs0 MCFFeb 2002
Warehouse 10Lea County, NM0 BBLs0 MCFSep 2014
West Lovington Strawn UnitLea County, NM2,320 BBLs6,169 MCFFeb 2025