Oil & Gas Property in Lea County, NM
Key data points for Serpentine 2 35 State Federal Com
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Jan 2023 - Sep 2024 |
| Total Oil Production | 977,379 BBLs |
| Total Gas Production | 1,860,010 MCF |
| Recent Oil Production | 29,029 BBLs in Sep 2024 |
| Recent Gas Production | 64,510 MCF in Sep 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$4,087,754 **
* 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 Serpentine 2 35 State Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azul 13 State Federal Com | Lea County, NM | 938 BBLs | 814 MCF | Sep 2024 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 343,420 BBLs | 1,883,811 MCF | Sep 2024 |
| Black Mamba 15 State | Lea County, NM | 3,855 BBLs | 4,867 MCF | Sep 2024 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Brininstool | Lea County, NM | 3,706 BBLs | 8,198 MCF | Sep 2024 |
| Driver 14 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Hognose VIper | Lea County, NM | 2,370 BBLs | 5,475 MCF | Sep 2024 |
| Limestone | Lea County, NM | 284 BBLs | 526 MCF | Sep 2024 |
| North Bell Lake | Lea County, NM | 220 BBLs | 34 MCF | Sep 2024 |
| North Thistle | Lea County, NM | 27,732 BBLs | 433,811 MCF | Sep 2024 |
| Paloma Blanco | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Parseltongue 15 10 State Com | Lea County, NM | 64,133 BBLs | 138,396 MCF | Sep 2024 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 22,110 BBLs | 35,699 MCF | Sep 2024 |
| Serpentine 35 | Lea County, NM | 90,233 BBLs | 155,753 MCF | Sep 2024 |
| Sopapilla State | Lea County, NM | 1,441 BBLs | 62,941 MCF | Sep 2024 |
| Starcaster 18 Federal Com | Lea County, NM | 5,859 BBLs | 35,231 MCF | Sep 2024 |
| Taipan 10 State Com | Lea County, NM | 1,825 BBLs | 1,837 MCF | Sep 2024 |
| White Dove 17 Federal Com | Lea County, NM | 14,407 BBLs | 35,054 MCF | Sep 2024 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 13,545 BBLs | 55,395 MCF | Sep 2024 |
These are the closest 20 companies operating near the Serpentine 2 35 State Federal Com property.