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 - Sep 2024 |
| Total Oil Production | 1,491,372 BBLs |
| Total Gas Production | 2,514,941 MCF |
| Recent Oil Production | 90,233 BBLs in Sep 2024 |
| Recent Gas Production | 155,753 MCF in Sep 2024 |
| Wells on Property | 11 |
Our Valuation Estimates for Serpentine 35
ShaleAssessment™
Not Available
MarketMultiple™
$24,092,094 **
* 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 | 938 BBLs | 814 MCF | Oct 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 | Oct 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 |
| Driver 14 Federal Com | Lea County, NM | 144,042 BBLs | 815,899 MCF | Sep 2024 |
| Foghorn 32 State | Lea County, NM | 7,373 BBLs | 73,569 MCF | Sep 2024 |
| Jazzmaster 17 State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Leghorn 32 State | Lea County, NM | 342 BBLs | 22,008 MCF | Sep 2024 |
| Limestone | Lea County, NM | 284 BBLs | 526 MCF | Sep 2024 |
| North Bell Lake | Lea County, NM | 220 BBLs | 34 MCF | Oct 2024 |
| North Thistle | Lea County, NM | 27,732 BBLs | 433,811 MCF | Sep 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 2 35 State Federal Com | Lea County, NM | 29,029 BBLs | 64,510 MCF | Sep 2024 |
| Sopapilla State | Lea County, NM | 1,441 BBLs | 62,941 MCF | Oct 2024 |
| Starcaster 18 Federal Com | Lea County, NM | 5,859 BBLs | 35,231 MCF | Oct 2024 |
| Taipan 10 State Com | Lea County, NM | 1,825 BBLs | 1,837 MCF | Sep 2024 |
| Tweety Bird 17 Federal Com 305H | Lea County, NM | 5,357 BBLs | 9,318 MCF | Sep 2024 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 13,545 BBLs | 55,395 MCF | Oct 2024 |
These are the closest 20 companies operating near the Serpentine 35 property.