State 16

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. State 16 Oil & Gas Property

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Property Summary

Key data points for State 16

CountyLea County, NM
OperatorKEM VENTURES, LP
Production DatesJan 1993 - Jul 2016
Total Oil Production264 BBLs
Total Gas Production129,705 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for State 16

ShaleAssessment™

$835 *

MarketMultiple™

Not Available

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

State 16 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State 16
from Jan 1993 to Jul 2016

Wells on State 16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-24795STATE 16 A COM 001KEM Ventures, LPPlugged (Not Released)Lea County, NM33.539749-103.060516
30-025-24994STATE 16 B COM 001KEM Ventures, LPPlugged (Not Released)Lea County, NM33.532486-103.060516

Leases included in State 16

Lease #Lease NameOperatorCounty
325405STATE 16 A COMKEM Ventures, LPLea County, NM
325406STATE 16 B COMKEM Ventures, LPLea County, NM

Nearby Properties

These are the closest 20 properties to the State 16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AinsworthCochran County, TX0 BBLs0 MCFSep 2023
Allied 93Lea County, NM0 BBLs0 MCFJun 2019
Arco FederalLea County, NM0 BBLs0 MCFAug 1999
Bell B FederalLea County, NM0 BBLs0 MCFJun 2019
BilbreyLea County, NM0 BBLs0 MCFApr 2020
BrownLea County, NM0 BBLs0 MCFSep 2023
BuckshotCochran County, TX177 BBLs0 MCFOct 2024
Chicken On A ChainCochran County, TX781 BBLs2,489 MCFOct 2024
Cox FederalLea County, NM0 BBLs0 MCFAug 2024
FederalLea County, NM0 BBLs0 MCFAug 2024
Field MabelCochran County, TX248 BBLs549 MCFSep 2024
Great WesternLea County, NM5 BBLs1,312 MCFOct 2024
Gulf FederalLea County, NM33 BBLs299 MCFOct 2024
JCT 18 FederalLea County, NM546 BBLs6 MCFOct 2024
LandrethCochran County, TX315 BBLs0 MCFOct 2024
Mallory-SherrillCochran County, TX0 BBLs0 MCFMar 2023
McDermott FederalLea County, NM3 BBLs121 MCFOct 2024
Sinclair FederalLea County, NM0 BBLs0 MCFJan 2001
U S M 00Lea County, NM0 BBLs0 MCFAug 2024
WilsonCochran County, TX130 BBLs0 MCFOct 2024

Companies in the Area

These are the closest 20 companies operating near the State 16 property.

Company Name
Arco Oil & Gas Company
Bee-Jay Petro, Inc.
Bison Petroleum Corporation
Breck Operating Corp.
Canyon E & P Company
Davcro Inc.
Dugan Production Corp
El Ran, Inc.
Element Petroleum Operating, LLC
Harvard Petroleum Company, LLC
Hunt Cimarron LTD. Partnership
Kem Ventures, LP
Manhattan Petroleum, Inc.
Mobil Producing Texas & New Mexico
Ok Operating Co
Ridgeway Arizona Oil Corp.
SSC, Inc.
United Oil & Minerals, Inc.
Walkabout Operating, LLC
WTG Exploration