State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Sep 2024
Total Oil Production368,489 BBLs
Total Gas Production1,424,880 MCF
Recent Oil Production94 BBLs in Aug 2024
Recent Gas Production584 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$5,368 *

MarketMultiple

$7,733 **

* 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 Sep 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-22582STATE 17 001NOVY OIL & GAS, INCPluggedLea County, NM33.445087-103.488327
30-025-22585STATE 8 001NOVY OIL & GAS, INCPlugged (Not Released)Lea County, NM33.467205-103.480187
30-025-23528STATE 15 001PURVIS OPERATING COPluggedLea County, NM33.448910-103.453987
30-025-36048STATE 15 002PURVIS OPERATING COActiveLea County, NM33.453442-103.457855

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
15571STATE 15PURVIS OPERATING COLea County, NM
21049STATE 17NOVY OIL & GAS, INCLea County, NM
24715STATE 16L E JONES OPERATING INCLea County, NM
301297STATE 8NOVY OIL & GAS, INCLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Continental StateLea County, NM0 BBLs0 MCFNov 1996
DH 5 StateLea County, NM435 BBLs4,124 MCFAug 2024
Eagle 8806 JV-PLea County, NM86 BBLs0 MCFAug 2024
East Sand Springs BLea County, NM0 BBLs271 MCFAug 2024
Holt StateLea County, NM0 BBLs0 MCFNov 1997
Hytech Aum StateLea County, NM0 BBLs0 MCFFeb 2016
Judson Auu State ComLea County, NM0 BBLs0 MCFFeb 2022
Lagarto Amz StateLea County, NM5 BBLs4,102 MCFAug 2024
Mattea Bfa StateLea County, NM0 BBLs0 MCFMar 2020
Merle BoLea County, NM533 BBLs7,959 MCFAug 2024
Merle Boj State ComLea County, NM0 BBLs0 MCFApr 2022
Merle State UnitLea County, NM0 BBLs0 MCFSep 2007
PenrocLea County, NM0 BBLs0 MCFSep 2024
Rag Mama 30 19 FeeLea County, NM604 BBLs641 MCFAug 2024
Sand Springs Asu StateLea County, NM12 BBLs1,494 MCFAug 2024
Shinnery Azg StateLea County, NM369 BBLs2,627 MCFAug 2024
Simanola Amw StateLea County, NM0 BBLs0 MCFNov 2020
Strait BLLea County, NM0 BBLs366 MCFAug 2024
SunrayLea County, NM0 BBLs0 MCFNov 2020
Taco Auk StateLea County, NM0 BBLs0 MCFDec 2021