State Section 2

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for State Section 2

CountyLea County, NM
OperatorAPACHE CORPORATION
Production DatesJan 1993 - Nov 2024
Total Oil Production42,001 BBLs
Total Gas Production701,499 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property8

Our Valuation Estimates for State Section 2

ShaleAssessment™

$1,095 *

MarketMultiple™

$3,188 **

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

Based on a decimal interest

State Section 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Section 2
from Jan 1993 to Nov 2024

Wells on State Section 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-06369STATE SECTION 2 003APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.502464-103.140213
30-025-06371STATE SECTION 2 005APACHE CORPORATIONPluggedLea County, NM32.505817-103.140549
30-025-06373STATE SECTION 2 007APACHE CORPORATIONActiveLea County, NM32.502468-103.135933
30-025-06374STATE SECTION 2 008APACHE CORPORATIONActiveLea County, NM32.512455-103.140244
30-025-06377STATE SECTION 2 011APACHE CORPORATIONPluggedLea County, NM32.512924-103.141312
30-025-06379STATE SECTION 2 013APACHE CORPORATIONPluggedLea County, NM32.508816-103.137016
30-025-06380STATE SECTION 2 014APACHE CORPORATIONActiveLea County, NM32.510632-103.136635
30-025-06489STATE SECTION 2 021APACHE CORPORATIONPluggedLea County, NM32.506714-103.139160

Leases included in State Section 2

Lease #Lease NameOperatorCounty
23116STATE SECTION 2APACHE CORPORATIONLea County, NM

Nearby Properties

These are the closest 20 properties to the State Section 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Coogan FederalLea County, NM0 BBLs0 MCFJan 2018
DauronLea County, NM0 BBLs186 MCFDec 2024
East Blinebry Drinkard UnitLea County, NM9,182 BBLs44,618 MCFDec 2024
ElliottLea County, NM0 BBLs0 MCFApr 2024
EubanksLea County, NM504 BBLs4,308 MCFDec 2024
Exxon FeeLea County, NM0 BBLs0 MCFSep 2016
Gulf HillLea County, NM188 BBLs1,854 MCFDec 2024
Harry Leonard NCTLea County, NM1,380 BBLs11,594 MCFDec 2024
HawkLea County, NM738 BBLs9,988 MCFDec 2024
Hawk FederalLea County, NM1,145 BBLs27,314 MCFDec 2024
HillLea County, NM163 BBLs1,548 MCFDec 2024
Lea CountyLea County, NM22 BBLs353 MCFDec 2024
LivingstonLea County, NM493 BBLs12,470 MCFDec 2024
New MexicoLea County, NM0 BBLs0 MCFNov 2024
Northeast Drinkard UnitLea County, NM24,008 BBLs107,630 MCFDec 2024
Southland Royalty ALea County, NM267 BBLs5,596 MCFDec 2024
Taylor GlennLea County, NM133 BBLs1,271 MCFDec 2024
Wantz FederalLea County, NM0 BBLs0 MCFNov 2024
Warren Unit Blinebry Tubb WFLea County, NM5,894 BBLs33,070 MCFDec 2024
West Blinebry Drinkard UnitLea County, NM23,677 BBLs58,625 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the State Section 2 property.

Company Name
Apache Corporation
Cameron Oil & Gas Inc
Chevron USA Inc
Conoco Inc.
ConocoPhillips Company
Contango Resources LLC
Empire New Mexico LLC
Endeavor Energy Resources LP
Hilcorp Energy Company
John H Hendrix Corp
Jr Cone Operating, LLC
Mar Oil & Gas Corp.
Petroleum Exploration Company LTD., Limited P
Raybaw Operating, LLC
SDX Resources, Inc.
Shell Western E&P Inc.
Southwest Royalties Inc
Texakoma Oil & Gas Corp
Three Forks Resources LLC
Zimmerman Oil & Gas Exploration, Inc.