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 | 1 BBLs in Sep 2024 |
| Recent Gas Production | 1 MCF in Sep 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Reeves 26
ShaleAssessment™
$10,854 *
MarketMultiple™
$3,903 **
* 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 | 10,384 BBLs | 8,659 MCF | Sep 2024 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| Belgian Blue 28 21 State Com | Lea County, NM | 74,274 BBLs | 41,376 MCF | Sep 2024 |
| Blue Box Federal Com | Lea County, NM | 11,557 BBLs | 7,751 MCF | Sep 2024 |
| Eagle State Com | Lea County, NM | 27,262 BBLs | 30,512 MCF | Sep 2024 |
| Gateway 2 State | Lea County, NM | 218 BBLs | 123 MCF | Sep 2024 |
| Ironhouse 3 | Lea County, NM | 86 BBLs | 246 MCF | Sep 2024 |
| New Mexico DD State | Lea County, NM | 72 BBLs | 0 MCF | Sep 2024 |
| Norte State Com | Lea County, NM | 6,148 BBLs | 5,093 MCF | Sep 2024 |
| 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 | 298 BBLs | 0 MCF | Sep 2024 |
| Rock Steady State | Lea County, NM | 1,952 BBLs | 132 MCF | Sep 2024 |
| Rocky Raccoon | Lea County, NM | 1,980 BBLs | 33 MCF | Sep 2024 |
| South Vacuum | Lea County, NM | 184 BBLs | 118 MCF | Sep 2024 |
| 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 | Jul 2024 |
| Vacuum State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2007 |
These are the closest 20 companies operating near the Reeves 26 property.