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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Jan 2025
Total Oil Production137,606 BBLs
Total Gas Production3,019,857 MCF
Recent Oil Production25 BBLs in Jan 2025
Recent Gas Production1,140 MCF in Jan 2025
Wells on Property7

Our Valuation Estimates for State

ShaleAssessment™

$19,721 *

MarketMultiple™

$24,630 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State
from Jan 1993 to Jan 2025

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, NM116 BBLs1,555 MCFJan 2025
Art YeagerLea County, NM3 BBLs0 MCFJan 2025
ElliottLea County, NM415 BBLs3,765 MCFJan 2025
Eva OwenLea County, NM304 BBLs2,655 MCFJan 2025
F F Hardison BLea County, NM47 BBLs1,763 MCFJan 2025
J R ConeLea County, NM0 BBLs2,972 MCFJan 2025
JonesLea County, NM0 BBLs0 MCFDec 2023
Lou WorthaLea County, NM988 BBLs30,493 MCFJan 2025
MarkLea County, NM817 BBLs43,247 MCFJan 2025
Mark Owen 0Lea County, NM42 BBLs1,276 MCFJan 2025
McCallisterLea County, NM2 BBLs0 MCFJan 2025
New Mexico S StateLea County, NM695 BBLs7,800 MCFJan 2025
OwenLea County, NM511 BBLs11,787 MCFJan 2025
Paddock UnitLea County, NM1,736 BBLs19,104 MCFJan 2025
S E ConeLea County, NM71 BBLs1,392 MCFJan 2025
S J SarkeysLea County, NM593 BBLs8,693 MCFJan 2025
Sarkey ALea County, NM183 BBLs3,345 MCFJan 2025
SarkeysLea County, NM218 BBLs694 MCFJan 2025
State C Tract 13Lea County, NM0 BBLs0 MCFDec 2024
Walter LynchLea County, NM431 BBLs14,633 MCFJan 2025

Companies in the Area

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

Company Name
Apache Corporation
Cameron Oil & Gas Inc
Chesapeake Operating, Inc.
Chevron USA Inc
Empire New Mexico LLC
Exxon Mobil Corporation
Finaly Resources LLC
Hilcorp Energy Company
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