State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Aug 2024
Total Oil Production137,142 BBLs
Total Gas Production3,009,813 MCF
Recent Oil Production165 BBLs in Aug 2024
Recent Gas Production2,468 MCF in Aug 2024
Wells on Property7

Our Valuation Estimates for State

ShaleAssessment™

$20,961 *

MarketMultiple™

$29,021 **

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

Based on a decimal interest

State Production Graph

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

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-07043STATE 367 001SOUTHWEST ROYALTIES INCActiveLea County, NM32.429913-103.123047
30-025-07044STATE 367 002SOUTHWEST ROYALTIES INCActiveLea County, NM32.433540-103.123047
30-025-07045STATE 367 003CHESAPEAKE OPERATING, INC.PluggedLea County, NM32.433540-103.118774
30-025-07046STATE Q 001APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.429913-103.118767
30-025-26560STATE 367 004SOUTHWEST ROYALTIES INCActiveLea County, NM32.433540-103.114502
30-025-37483STATE Q 003APACHE CORPORATIONActiveLea County, NM32.430817-103.115570
30-025-38892STATE Q 002APACHE CORPORATIONCancelledLea County, NM32.429324-103.113457

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
16847STATE QAPACHE CORPORATIONLea County, NM
29578STATE 367CHESAPEAKE OPERATING, INC.Lea County, NM
335436STATE 367SOUTHWEST ROYALTIES INCLea County, NM

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alice PadLea County, NM133 BBLs1,968 MCFAug 2024
Art YeagerLea County, NM3 BBLs0 MCFAug 2024
ElliottLea County, NM808 BBLs6,139 MCFAug 2024
Eva OwenLea County, NM237 BBLs2,907 MCFAug 2024
F F Hardison BLea County, NM17 BBLs1,508 MCFAug 2024
J R ConeLea County, NM3 BBLs3,367 MCFAug 2024
JonesLea County, NM0 BBLs0 MCFDec 2023
Lou WorthaLea County, NM1,104 BBLs49,807 MCFAug 2024
MarkLea County, NM1,089 BBLs55,912 MCFAug 2024
Mark Owen 0Lea County, NM30 BBLs1,267 MCFAug 2024
McCallisterLea County, NM42 BBLs33 MCFAug 2024
New Mexico S StateLea County, NM3,502 BBLs18,847 MCFAug 2024
OwenLea County, NM650 BBLs18,505 MCFAug 2024
Paddock UnitLea County, NM1,550 BBLs22,810 MCFAug 2024
S E ConeLea County, NM0 BBLs1,117 MCFAug 2024
S J SarkeysLea County, NM644 BBLs9,141 MCFAug 2024
Sarkey ALea County, NM299 BBLs4,513 MCFAug 2024
SarkeysLea County, NM123 BBLs518 MCFSep 2024
State C Tract 13Lea County, NM148 BBLs1,888 MCFAug 2024
Walter LynchLea County, NM284 BBLs15,571 MCFAug 2024

Companies in the Area

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

Company Name
Anadarko Petroleum Corporation
Apache Corporation
Cameron Oil & Gas Inc
Chesapeake Operating, Inc.
Chevron USA Inc
Empire New Mexico LLC
Exxon Mobil Corporation
Finaly Resources LLC
J R Oil, LTD. Co.
Jay Management Company LLC
Marathon Oil Company
Oxy USA WTP Limited Partnership
Pierce Production Company, LLC
Saber Oil & Gas Ventures, LLC
SMC Oil & Gas, Inc.
Southwest Royalties Inc
Three Forks Resources LLC
Walsh & Watts Inc
XTO Energy Inc.
Zachary Oil Operating Company