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 - Aug 2024
Total Oil Production41,966 BBLs
Total Gas Production701,276 MCF
Recent Oil Production121 BBLs in Aug 2024
Recent Gas Production76 MCF in Aug 2024
Wells on Property8

Our Valuation Estimates for State Section 2

ShaleAssessment™

$1,151 *

MarketMultiple™

$126 **

* 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 Aug 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, NM1,045 BBLs2,765 MCFAug 2024
East Blinebry Drinkard UnitLea County, NM8,771 BBLs44,322 MCFAug 2024
ElliottLea County, NM0 BBLs0 MCFApr 2024
EubanksLea County, NM683 BBLs4,137 MCFAug 2024
Exxon FeeLea County, NM0 BBLs0 MCFSep 2016
Gulf HillLea County, NM101 BBLs1,197 MCFAug 2024
Harry Leonard NCTLea County, NM808 BBLs12,111 MCFAug 2024
HawkLea County, NM586 BBLs9,487 MCFAug 2024
Hawk FederalLea County, NM1,288 BBLs29,102 MCFAug 2024
HillLea County, NM140 BBLs1,698 MCFAug 2024
Lea CountyLea County, NM17 BBLs51 MCFAug 2024
LivingstonLea County, NM483 BBLs13,731 MCFAug 2024
New MexicoLea County, NM1 BBLs117 MCFAug 2024
Northeast Drinkard UnitLea County, NM24,110 BBLs111,361 MCFAug 2024
Southland Royalty ALea County, NM341 BBLs6,441 MCFAug 2024
Taylor GlennLea County, NM94 BBLs2,397 MCFAug 2024
Wantz FederalLea County, NM401 BBLs261 MCFAug 2024
Warren Unit Blinebry Tubb WFLea County, NM4,820 BBLs32,999 MCFAug 2024
West Blinebry Drinkard UnitLea County, NM22,213 BBLs60,799 MCFAug 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.