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 - Oct 2024
Total Oil Production121,045 BBLs
Total Gas Production1,443,313 MCF
Recent Oil Production78 BBLs in Sep 2024
Recent Gas Production3,215 MCF in Sep 2024
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$13,387 *

MarketMultiple™

$31,310 **

* 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 Oct 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-01838STATE X 001PRIDE ENERGY COMPANYPlugged (Not Released)Lea County, NM33.295010-103.470596
30-025-01853STATE 24 001H & O OPERATING CO., INC.PluggedLea County, NM33.262451-103.470467
30-025-20689STATE 001PRIDE ENERGY COMPANYActiveLea County, NM33.302269-103.470589
30-025-21627STATE AH 001TEXAS PACIFIC OIL CO INCPluggedLea County, NM33.280510-103.483566
30-025-21690STATE AH 002TEXAS PACIFIC OIL CO INCPluggedLea County, NM33.273258-103.483566
30-025-23055STATE BF 003Extex Operating CompanyActiveLea County, NM33.251507-103.493164
30-025-29634STATE QE 13 001Opal Operating Company LLCActiveLea County, NM33.273289-103.466164
30-025-37800STATE X 002PRIDE ENERGY COMPANYCancelledLea County, NM33.287779-103.466252
30-025-38803STATE QE 13 003PRIDE ENERGY COMPANYCancelledLea County, NM33.280523-103.466202

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
11253STATE AHTEXAS PACIFIC OIL CO INCLea County, NM
27138STATEPRIDE ENERGY COMPANYLea County, NM
28880STATE 24H & O OPERATING CO., INC.Lea County, NM
32545STATE XPRIDE ENERGY COMPANYLea County, NM
330604STATE BFExtex Operating CompanyLea County, NM
331586STATE QE 13Opal Operating Company LLCLea County, NM
33557STATE QE 13PRIDE ENERGY COMPANYLea County, NM
35297STATE QE 13 COMPRIDE ENERGY COMPANYLea County, NM

Operators Associated With State

Nearby Properties

These are the closest 18 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Azure Bne State ComLea County, NM2 BBLs95 MCFSep 2024
Blitzen Aub StateLea County, NM32 BBLs2,050 MCFSep 2024
Carper McAlester Ate StateLea County, NM121 BBLs691 MCFSep 2024
InbeLea County, NM0 BBLs52 MCFSep 2024
Indigo BHB StateLea County, NM3 BBLs2,276 MCFSep 2024
J D GuyeLea County, NM0 BBLs309 MCFOct 2024
Kookaburra Azb StateLea County, NM0 BBLs598 MCFSep 2024
Limbaugh Ayo StateLea County, NM22 BBLs3,537 MCFSep 2024
Milsap BLea County, NM173 BBLs536 MCFSep 2024
Orbison BoLea County, NM45 BBLs1,606 MCFSep 2024
SeayLea County, NM0 BBLs0 MCFAug 2002
South Four Lakes UnitLea County, NM85 BBLs0 MCFSep 2024
State HTLea County, NM0 BBLs0 MCFNov 1997
Waylon BLX State ComLea County, NM0 BBLs18,732 MCFSep 2024
Waylon BLZ State ComLea County, NM0 BBLs699 MCFSep 2024
Waylon BMC State ComLea County, NM70 BBLs11,388 MCFSep 2024
West Ranger UnitLea County, NM1,050 BBLs932 MCFOct 2024
Willie BNLea County, NM0 BBLs703 MCFSep 2024

Companies in the Area

These are the closest 10 companies operating near the State property.

Company Name
Black Top Operating, LLC
EOG Y Resources Inc
Extex Operating Company
Manzano LLC
Manzano Oil Corporation
Opal Operating Company LLC
Phillips Petroleum Company
Pride Energy Company
Smith & Marrs Inc.
Southland Royalty Company