Oil & Gas Property in Lea County, NM
Key data points for Serpentine 35
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Jan 2024 - Oct 2024 |
| Total Oil Production | 1,521,856 BBLs |
| Total Gas Production | 2,570,518 MCF |
| Recent Oil Production | 30,484 BBLs in Oct 2024 |
| Recent Gas Production | 55,577 MCF in Oct 2024 |
| Wells on Property | 11 |
Our Valuation Estimates for Serpentine 35
ShaleAssessment™
Not Available
MarketMultiple™
$21,521,420 **
* 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 35 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azul 13 State Federal Com | Lea County, NM | 976 BBLs | 1,001 MCF | Oct 2024 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 319,980 BBLs | 1,877,191 MCF | Oct 2024 |
| Black Mamba 15 State | Lea County, NM | 1,619 BBLs | 1,607 MCF | Oct 2024 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Driver 14 Federal Com | Lea County, NM | 135,469 BBLs | 875,323 MCF | Oct 2024 |
| Driver 14 State Com | Lea County, NM | 875 BBLs | 694 MCF | Oct 2024 |
| Foghorn 32 State | Lea County, NM | 6,180 BBLs | 77,596 MCF | Oct 2024 |
| Leghorn 32 State | Lea County, NM | 102 BBLs | 15,452 MCF | Oct 2024 |
| Limestone | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| North Bell Lake | Lea County, NM | 229 BBLs | 35 MCF | Oct 2024 |
| North Thistle | Lea County, NM | 18,735 BBLs | 276,846 MCF | Oct 2024 |
| Parseltongue 15 10 State Com | Lea County, NM | 56,710 BBLs | 117,073 MCF | Oct 2024 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 20,506 BBLs | 35,399 MCF | Oct 2024 |
| Serpentine 2 35 State Federal Com | Lea County, NM | 22,366 BBLs | 50,476 MCF | Oct 2024 |
| Sopapilla State | Lea County, NM | 961 BBLs | 54,487 MCF | Nov 2024 |
| Starcaster 18 Federal Com | Lea County, NM | 5,753 BBLs | 32,769 MCF | Nov 2024 |
| Taipan 10 State Com | Lea County, NM | 1,765 BBLs | 1,947 MCF | Oct 2024 |
| Tweety Bird 17 Federal Com 305H | Lea County, NM | 4,009 BBLs | 5,610 MCF | Oct 2024 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 14,873 BBLs | 59,200 MCF | Nov 2024 |
These are the closest 20 companies operating near the Serpentine 35 property.