Reed Sanderson Unit

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Reed Sanderson Unit Oil & Gas Property

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Property Summary

Key data points for Reed Sanderson Unit

CountyLea County, NM
Production DatesJan 1993 - Sep 2024
Total Oil Production310,100 BBLs
Total Gas Production517,948 MCF
Recent Oil Production374 BBLs in Sep 2024
Recent Gas Production252 MCF in Sep 2024
Wells on Property18

Our Valuation Estimates for Reed Sanderson Unit

ShaleAssessment™

$25,633 *

MarketMultiple™

$40,777 **

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

Based on a decimal interest

Reed Sanderson Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed Sanderson Unit
from Jan 1993 to Sep 2024

Wells on Reed Sanderson Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-04172REED SANDERSON UNIT 002J R OIL, LTD. CO.ActiveLea County, NM32.607719-103.348610
30-025-04178REED SANDERSON UNIT 003DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.607719-103.344322
30-025-04179REED SANDERSON UNIT 005J R OIL, LTD. CO.ActiveLea County, NM32.604092-103.344315
30-025-04180REED SANDERSON UNIT 006J R OIL, LTD. CO.ActiveLea County, NM32.604092-103.348602
30-025-04181REED SANDERSON UNIT 010J R OIL, LTD. CO.ActiveLea County, NM32.600426-103.344315
30-025-04182REED SANDERSON UNIT 009J R OIL, LTD. CO.ActiveLea County, NM32.600426-103.348602
30-025-04183REED SANDERSON UNIT 013DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.596798-103.344307
30-025-04184REED SANDERSON UNIT 014J R OIL, LTD. CO.ActiveLea County, NM32.596798-103.348595
30-025-04185REED SANDERSON UNIT 012LYNX PETROLEUM CONSULTANTS INCPluggedLea County, NM32.596802-103.341103
30-025-04186REED SANDERSON UNIT 011DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.600430-103.341095
30-025-04187REED SANDERSON UNIT 004J R OIL, LTD. CO.ActiveLea County, NM32.606781-103.338951
30-025-04189REED SANDERSON UNIT 008J R OIL, LTD. CO.ActiveLea County, NM32.600426-103.352890
30-025-04191REED SANDERSON UNIT 015J R OIL, LTD. CO.ActiveLea County, NM32.596794-103.352882
30-025-04196REED SANDERSON UNIT 016DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.593166-103.352890
30-025-04201REED SANDERSON UNIT 022LYNX PETROLEUM CONSULTANTS INCPluggedLea County, NM32.589542-103.348625
30-025-04202REED SANDERSON UNIT 017J R OIL, LTD. CO.ActiveLea County, NM32.593170-103.348602
30-025-04203REED SANDERSON UNIT 019J R OIL, LTD. CO.ActiveLea County, NM32.593170-103.341110
30-025-04207REED SANDERSON UNIT 018DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.593170-103.344322

Leases included in Reed Sanderson Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
309459REED SANDERSON UNITDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
312911REED SANDERSON UNITJ R OIL, LTD. CO.Lea County, NM
5992REED SANDERSON UNITLYNX PETROLEUM CONSULTANTS INCLea County, NM

Operators Associated With Reed Sanderson Unit

Nearby Properties

These are the closest 20 properties to the Reed Sanderson Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Byrd Gas ComLea County, NM0 BBLs36 MCFSep 2024
EtcheverryLea County, NM0 BBLs0 MCFOct 2009
FosterLea County, NM0 BBLs131 MCFSep 2024
H S RecordLea County, NM0 BBLs0 MCFDec 2010
H W AndrewsLea County, NM2,345 BBLs3,994 MCFSep 2024
J W SmithLea County, NM0 BBLs0 MCFAug 2024
Liberty 4Lea County, NM201 BBLs128 MCFSep 2024
M E GaitherLea County, NM3 BBLs0 MCFSep 2024
Maveety State Gas ComLea County, NM0 BBLs31 MCFSep 2024
MonumentLea County, NM58 BBLs0 MCFSep 2024
New Mexico E State NCT-1Lea County, NM21 BBLs421 MCFSep 2024
North Monument G/Sa Unit 01Lea County, NM340 BBLs152 MCFSep 2024
PersonsLea County, NM6 BBLs0 MCFSep 2024
Reed A 3Lea County, NM0 BBLs0 MCFAug 2024
SandersonLea County, NM0 BBLs0 MCFOct 2022
Selby MaveetyLea County, NM0 BBLs0 MCFApr 2017
StateLea County, NM14,689 BBLs94,981 MCFOct 2024
State F Gas ComLea County, NM0 BBLs2,813 MCFSep 2024
State J Gas ComLea County, NM0 BBLs339 MCFSep 2024
W B MaveetyLea County, NM32 BBLs1,053 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Reed Sanderson Unit property.

Company Name
3R Operating , LLC
Apache Corporation
Arco Permian
BP America Production Company
Burgundy Oil & Gas Of N M Inc
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Conoco Inc.
David H Arrington Oil & Gas Inc
Empire New Mexico LLC
Forty Acres Energy, LLC
Grizzly Operating LLC
Mammoth Exploration LLC
Mulloy Operating, Inc.
Oryx Energy Company
Penroc Oil Corp.
Ralph C Bruton
Range Operating New Mexico LLC
Read & Stevens, Inc.
Unit Petroleum Company