Oil & Gas Property in Lea County, NM
Key data points for Southern Minerals State
| County | Lea County, NM |
|---|---|
| Operator | SOUTHWEST ROYALTIES INC |
| Production Dates | Jan 1993 - Feb 2025 |
| Total Oil Production | 143,233 BBLs |
| Total Gas Production | 653,415 MCF |
| Recent Oil Production | 248 BBLs in Jan 2025 |
| Recent Gas Production | 1,169 MCF in Jan 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Southern Minerals State
ShaleAssessment™
$17,329 *
MarketMultiple™
$34,254 **
* 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 Southern Minerals State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ainsworth | Lea County, NM | 316 BBLs | 1,412 MCF | Jan 2025 |
| Clemmons Sunburst Federal | Lea County, NM | 176 BBLs | 1 MCF | Feb 2025 |
| Coastal | Lea County, NM | 83 BBLs | 0 MCF | Jan 2025 |
| Cola Ado State Com | Chaves County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Cooper | Lea County, NM | 0 BBLs | 0 MCF | Apr 2004 |
| Crossroads 22 State | Lea County, NM | 157 BBLs | 628 MCF | Feb 2025 |
| Federal | Lea County, NM | 0 BBLs | 299 MCF | Feb 2025 |
| Flying M | Lea County, NM | 1,607 BBLs | 87 MCF | Feb 2025 |
| Gonsales 3 | Lea County, NM | 514 BBLs | 190 MCF | Feb 2025 |
| Kellahin 14 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2015 |
| McAlester | Chaves County, NM | 0 BBLs | 0 MCF | Feb 2018 |
| McGuffin | Lea County, NM | 804 BBLs | 97 MCF | Feb 2025 |
| New Mexico | Lea County, NM | 127 BBLs | 0 MCF | Feb 2025 |
| Palisade | Lea County, NM | 1,096 BBLs | 3,047 MCF | Jan 2025 |
| Quota Aqt State | Lea County, NM | 716 BBLs | 13 MCF | Jan 2025 |
| Robinson | Lea County, NM | 0 BBLs | 0 MCF | Jun 2018 |
| State | Lea County, NM | 23 BBLs | 0 MCF | Feb 2025 |
| Sunburst Spence Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2024 |
| Sunray | Lea County, NM | 0 BBLs | 0 MCF | Nov 2020 |
| Susco State | Lea County, NM | 415 BBLs | 0 MCF | Feb 2025 |
These are the closest 20 companies operating near the Southern Minerals State property.