Satellite State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Satellite State Com

CountyLea County, NM
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesNov 2024 - Feb 2025
Total Oil Production1,003,957 BBLs
Total Gas Production627,608 MCF
Recent Oil Production277,591 BBLs in Jan 2025
Recent Gas Production183,723 MCF in Jan 2025
Wells on Property20

Our Valuation Estimates for Satellite State Com

ShaleAssessment

Not Available

MarketMultiple

$10,503,559 **

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

Based on a decimal interest

Satellite State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Satellite State Com
from Nov 2024 to Feb 2025

Wells on Satellite State Com

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
30-025-52317SATELLITE STATE COM 701HFranklin Mountain Energy 3, LLCNewLea County, NM32.707507-103.523900
30-025-52318SATELLITE STATE COM 702HFranklin Mountain Energy 3, LLCNewLea County, NM32.708222-103.515369
30-025-52319SATELLITE STATE COM 703HFranklin Mountain Energy 3, LLCNewLea County, NM32.708408-103.512316
30-025-52322SATELLITE STATE COM 704HFranklin Mountain Energy 3, LLCNewLea County, NM32.708686-103.508440
30-025-52392SATELLITE STATE COM 801HFranklin Mountain Energy 3, LLCNewLea County, NM32.707508-103.521195
30-025-52393SATELLITE STATE COM 802HFranklin Mountain Energy 3, LLCNewLea County, NM32.708223-103.515174
30-025-52394SATELLITE STATE COM 803HFranklin Mountain Energy 3, LLCNewLea County, NM32.708408-103.512121
30-025-52395SATELLITE STATE COM 804HFranklin Mountain Energy 3, LLCNewLea County, NM32.708698-103.508245
30-025-52737SATELLITE STATE COM 301HFranklin Mountain Energy 3, LLCNewLea County, NM32.707509-103.521000
30-025-52738SATELLITE STATE COM 302HFranklin Mountain Energy 3, LLCNewLea County, NM32.708223-103.514979
30-025-52739SATELLITE STATE COM 303HFranklin Mountain Energy 3, LLCNewLea County, NM32.708409-103.511926
30-025-52740SATELLITE STATE COM 304HFranklin Mountain Energy 3, LLCNewLea County, NM32.708710-103.508051
30-025-52741SATELLITE STATE COM 501HFranklin Mountain Energy 3, LLCNewLea County, NM32.707508-103.521098
30-025-52742SATELLITE STATE COM 502HFranklin Mountain Energy 3, LLCNewLea County, NM32.708223-103.515076
30-025-52743SATELLITE STATE COM 503HFranklin Mountain Energy 3, LLCNewLea County, NM32.708408-103.512024
30-025-52744SATELLITE STATE COM 504HFranklin Mountain Energy 3, LLCNewLea County, NM32.708704-103.508148
30-025-52745SATELLITE STATE COM 601HFranklin Mountain Energy 3, LLCNewLea County, NM32.707508-103.521293
30-025-52746SATELLITE STATE COM 602HFranklin Mountain Energy 3, LLCNewLea County, NM32.708222-103.515271
30-025-52747SATELLITE STATE COM 603HFranklin Mountain Energy 3, LLCNewLea County, NM32.708408-103.512219
30-025-52748SATELLITE STATE COM 604HFranklin Mountain Energy 3, LLCNewLea County, NM32.708692-103.508343

Leases included in Satellite State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
335014SATELLITE STATE COMFranklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Satellite State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM3,428 BBLs1,337 MCFJan 2025
Airstrip 31Lea County, NM7,097 BBLs3,683 MCFJan 2025
Airstrip 6 State Com 00Lea County, NM1,698 BBLs802 MCFJan 2025
Albatross State ComLea County, NM1,888 BBLs1,182 MCFJan 2025
Butter Cup 3Lea County, NM1,434 BBLs1,367 MCFFeb 2025
Caprock 27 StateLea County, NM152 BBLs41 MCFJan 2025
Condor StateLea County, NM1,012 BBLs2,443 MCFJan 2025
Gold State ComLea County, NM19,178 BBLs25,069 MCFFeb 2025
Ironhouse 19 State ComLea County, NM830 BBLs883 MCFFeb 2025
Ironhouse 2Lea County, NM3,622 BBLs4,941 MCFFeb 2025
King Cobra 2 StateLea County, NM1,982 BBLs1,890 MCFJan 2025
Kingfisher State ComLea County, NM635 BBLs104 MCFJan 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Mongoose FeeLea County, NM669 BBLs478 MCFJan 2025
Nighthawk State ComLea County, NM70 BBLs209 MCFJan 2025
Playa 2 StateLea County, NM1,090 BBLs1,971 MCFFeb 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM320 BBLs1,185 MCFFeb 2025
Wild Cobra 1 StateLea County, NM1,541 BBLs1,295 MCFJan 2025

Frac'ing activity on Satellite State Com

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-52395Satellite State Com 804H
30-025-52737Satellite State Com 301H
30-025-52738Satellite State Com 302H
30-025-52739Satellite State Com - 303H
30-025-52740Satellite State Com 304H
30-025-52745Satellite State Com 601H
30-025-52746Satellite State Com 602H
30-025-52747Satellite State Com - 603H
30-025-52748Satellite State Com 604H