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 - Oct 2024
Total Oil Production87,345 BBLs
Total Gas Production410,209 MCF
Recent Oil Production241 BBLs in Oct 2024
Recent Gas Production2,985 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Reed 24 25 B State

ShaleAssessment

Not Available

MarketMultiple

$97,742 **

* 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 Oct 2024

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, NM76 BBLs0 MCFOct 2024
Bus Barn 4Lea County, NM46 BBLs241 MCFOct 2024
CaudillLea County, NM0 BBLs0 MCFMay 1998
Caudill NorthLea County, NM0 BBLs0 MCFOct 2011
Caudill South 21 FeeLea County, NM380 BBLs1,041 MCFOct 2024
Caudill WestLea County, NM233 BBLs17,127 MCFOct 2024
Chocolate Foam WingLea County, NM7 BBLs513 MCFOct 2024
Easley 6Lea County, NM599 BBLs3,742 MCFOct 2024
GoodrichLea County, NM0 BBLs0 MCFDec 1998
HamiltonLea County, NM52 BBLs255 MCFOct 2024
Julia CulpLea County, NM0 BBLs0 MCFAug 2001
Lea 396 StateLea County, NM0 BBLs0 MCFSep 2019
Morton UnitLea County, NM0 BBLs320 MCFOct 2024
Royal StimulatorLea County, NM0 BBLs0 MCFMar 2008
SnyderLea County, NM0 BBLs0 MCFOct 2008
StateLea County, NM396 BBLs74 MCFOct 2024
StateLea County, NM0 BBLs0 MCFJan 2002
Warehouse 10Lea County, NM0 BBLs0 MCFAug 2014
West Lovington Strawn UnitLea County, NM2,502 BBLs8,362 MCFOct 2024