Oil & Gas Property in Lea County, NM
Key data points for Reeves 26
County | Lea County, NM |
---|---|
Operator | FRANKLIN MOUNTAIN ENERGY 3, LLC |
Production Dates | Jan 1993 - Sep 2024 |
Total Oil Production | 321,939 BBLs |
Total Gas Production | 122,631 MCF |
Recent Oil Production | No Recent Prod. |
Recent Gas Production | No Recent Prod. |
Wells on Property | 3 |
Our Valuation Estimates for Reeves 26
ShaleAssessment™
$10,502 *
MarketMultiple™
$369 **
* 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 Reeves 26 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Alpha State Com | Lea County, NM | 87,850 BBLs | 57,853 MCF | Feb 2025 |
Arco State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
Belgian Blue 28 21 State Com | Lea County, NM | 56,884 BBLs | 43,560 MCF | Feb 2025 |
Blue Box Federal Com | Lea County, NM | 6,510 BBLs | 4,050 MCF | Feb 2025 |
Eagle State Com | Lea County, NM | 15,855 BBLs | 11,024 MCF | Feb 2025 |
Gateway 2 State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Ironhouse 3 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
New Mexico DD State | Lea County, NM | 77 BBLs | 0 MCF | Feb 2025 |
Norte State Com | Lea County, NM | 3,214 BBLs | 2,471 MCF | Feb 2025 |
Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
Reeves | Lea County, NM | 0 BBLs | 0 MCF | Feb 1999 |
Reeves Adq State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2008 |
Reeves Queen WF Unit | Lea County, NM | 287 BBLs | 0 MCF | Feb 2025 |
Rock Steady State | Lea County, NM | 4,346 BBLs | 330 MCF | Feb 2025 |
Rocky Raccoon | Lea County, NM | 1,437 BBLs | 54 MCF | Feb 2025 |
South Vacuum | Lea County, NM | 106 BBLs | 3 MCF | Feb 2025 |
Sprinkle Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2007 |
State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2001 |
TMBR 1 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
Vacuum State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2007 |
These are the closest 20 companies operating near the Reeves 26 property.