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 - Jan 2025 |
| Total Oil Production | 1,712,703 BBLs |
| Total Gas Production | 2,905,708 MCF |
| Recent Oil Production | 79,555 BBLs in Jan 2025 |
| Recent Gas Production | 134,089 MCF in Jan 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for Serpentine 35
ShaleAssessment™
Not Available
MarketMultiple™
$14,504,317 **
* 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 | 736 BBLs | 586 MCF | Jan 2025 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 259,690 BBLs | 1,587,753 MCF | Jan 2025 |
| Black Mamba 15 State | Lea County, NM | 1,422 BBLs | 730 MCF | Jan 2025 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 502,843 BBLs | 898,740 MCF | Jan 2025 |
| Boa State Com 703H | Lea County, NM | 20,944 BBLs | 39,706 MCF | Jan 2025 |
| Driver 14 Federal Com | Lea County, NM | 212,793 BBLs | 857,237 MCF | Jan 2025 |
| Foghorn 32 State | Lea County, NM | 5,795 BBLs | 36,181 MCF | Jan 2025 |
| Leghorn 32 State | Lea County, NM | 205 BBLs | 22,840 MCF | Jan 2025 |
| Limestone | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| North Bell Lake | Lea County, NM | 122 BBLs | 13 MCF | Jan 2025 |
| North Thistle | Lea County, NM | 286,855 BBLs | 516,178 MCF | Jan 2025 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 14,068 BBLs | 18,998 MCF | Jan 2025 |
| Serpentine 2 35 State Federal Com | Lea County, NM | 20,964 BBLs | 38,835 MCF | Jan 2025 |
| Sopapilla State | Lea County, NM | 134 BBLs | 1,261 MCF | Jan 2025 |
| Starcaster 18 Federal Com | Lea County, NM | 5,613 BBLs | 40,824 MCF | Jan 2025 |
| Taipan 10 State Com | Lea County, NM | 1,829 BBLs | 1,794 MCF | Jan 2025 |
| Tweety Bird 17 Federal Com 305H | Lea County, NM | 5,529 BBLs | 6,111 MCF | Jan 2025 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 11,877 BBLs | 39,690 MCF | Jan 2025 |
These are the closest 20 companies operating near the Serpentine 35 property.