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 - Dec 2024 |
| Total Oil Production | 1,633,148 BBLs |
| Total Gas Production | 2,771,619 MCF |
| Recent Oil Production | 32,551 BBLs in Nov 2024 |
| Recent Gas Production | 56,677 MCF in Nov 2024 |
| Wells on Property | 11 |
Our Valuation Estimates for Serpentine 35
ShaleAssessment™
Not Available
MarketMultiple™
$17,409,524 **
* 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 | 1,051 BBLs | 1,174 MCF | Dec 2024 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 290,961 BBLs | 1,703,256 MCF | Dec 2024 |
| Black Mamba 15 State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Driver 14 Federal Com | Lea County, NM | 117,764 BBLs | 820,869 MCF | Nov 2024 |
| Driver 14 State Com | Lea County, NM | 1,202 BBLs | 919 MCF | Nov 2024 |
| Foghorn 32 State | Lea County, NM | 4,489 BBLs | 41,600 MCF | Nov 2024 |
| Leghorn 32 State | Lea County, NM | 423 BBLs | 19,938 MCF | Nov 2024 |
| Limestone | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| North Bell Lake | Lea County, NM | 225 BBLs | 34 MCF | Dec 2024 |
| North Thistle | Lea County, NM | 15,712 BBLs | 218,607 MCF | Dec 2024 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 12,691 BBLs | 15,318 MCF | Dec 2024 |
| Serpentine 2 35 State Federal Com | Lea County, NM | 18,239 BBLs | 30,967 MCF | Dec 2024 |
| Sopapilla State | Lea County, NM | 679 BBLs | 40,490 MCF | Dec 2024 |
| Starcaster 18 Federal Com | Lea County, NM | 6,233 BBLs | 31,181 MCF | Dec 2024 |
| Taipan 10 State Com | Lea County, NM | 1,778 BBLs | 1,730 MCF | Dec 2024 |
| Tweety Bird 17 Federal Com 305H | Lea County, NM | 3,334 BBLs | 3,724 MCF | Nov 2024 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 14,808 BBLs | 64,186 MCF | Dec 2024 |
These are the closest 20 companies operating near the Serpentine 35 property.