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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State Section 2

CountyLea County, NM
OperatorAPACHE CORPORATION
Production DatesJan 1993 - Oct 2024
Total Oil Production41,992 BBLs
Total Gas Production701,340 MCF
Recent Oil Production25 BBLs in Sep 2024
Recent Gas Production78 MCF in Sep 2024
Wells on Property8

Our Valuation Estimates for State Section 2

ShaleAssessment™

$1,114 *

MarketMultiple™

$2,655 **

* 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 Oct 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 NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
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, NM644 BBLs2,574 MCFOct 2024
East Blinebry Drinkard UnitLea County, NM8,592 BBLs43,698 MCFOct 2024
ElliottLea County, NM0 BBLs0 MCFApr 2024
EubanksLea County, NM480 BBLs4,903 MCFSep 2024
Exxon FeeLea County, NM0 BBLs0 MCFSep 2016
Gulf HillLea County, NM129 BBLs1,173 MCFOct 2024
Harry Leonard NCTLea County, NM759 BBLs10,543 MCFOct 2024
HawkLea County, NM717 BBLs9,876 MCFOct 2024
Hawk FederalLea County, NM1,069 BBLs27,408 MCFOct 2024
HillLea County, NM165 BBLs1,783 MCFOct 2024
Lea CountyLea County, NM19 BBLs54 MCFOct 2024
LivingstonLea County, NM469 BBLs12,741 MCFOct 2024
New MexicoLea County, NM42 BBLs724 MCFSep 2024
Northeast Drinkard UnitLea County, NM23,858 BBLs107,774 MCFOct 2024
Southland Royalty ALea County, NM545 BBLs6,730 MCFOct 2024
Taylor GlennLea County, NM123 BBLs2,575 MCFOct 2024
Wantz FederalLea County, NM178 BBLs259 MCFSep 2024
Warren Unit Blinebry Tubb WFLea County, NM4,991 BBLs31,117 MCFOct 2024
West Blinebry Drinkard UnitLea County, NM21,388 BBLs56,905 MCFOct 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
John H Hendrix Corp
Jr Cone Operating, LLC
Mar Oil & Gas Corp.
Petroleum Exploration Company LTD., Limited P
SDX Resources, Inc.
Shell Western E&P Inc.
Southwest Royalties Inc
Texakoma Oil & Gas Corp
Three Forks Resources LLC
Xeric Oil & Gas Corporation
Zia Energy Inc
Zimmerman Oil & Gas Exploration, Inc.