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 - Feb 2025
Total Oil Production87,391 BBLs
Total Gas Production561,961 MCF
Recent Oil Production103 BBLs in Jan 2025
Recent Gas Production0 MCF in Jan 2025
Wells on Property6

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$13,961 **

* 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 Feb 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-25541STATE 8 001W A MONCRIEF JRActiveLea County, NM32.938362-103.580933
30-025-29284STATE H 001MEWBOURNE OIL COPluggedLea County, NM32.941925-103.594933
30-025-29318STATE H 001YMEWBOURNE OIL COPluggedLea County, NM32.941925-103.595093
30-025-30049STATE 7 001AVRA OIL COPluggedLea County, NM32.934681-103.594940
30-025-30391STATE 8 002W A MONCRIEF JRPluggedLea County, NM32.941990-103.580933
30-025-30832STATE 8 003RAM ENERGY LLCPluggedLea County, NM32.941048-103.588478

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
21079STATE 7AVRA OIL COLea County, NM
313855STATE 8RAM ENERGY LLCLea County, NM
7919STATE HMEWBOURNE OIL COLea County, NM
8073STATE 8W A MONCRIEF JRLea 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
Bell 1Lea County, NM0 BBLs0 MCFJun 1999
Big Hat BKLea County, NM0 BBLs0 MCFSep 2013
Buffalo Aru StateLea County, NM0 BBLs0 MCFSep 2010
Calfrope StateLea County, NM0 BBLs0 MCFMar 2022
Dolphin StateLea County, NM0 BBLs0 MCFJun 2018
East KemnitzLea County, NM0 BBLs273 MCFJan 2025
Eidson RanchLea County, NM0 BBLs0 MCFMay 2008
Forgotten StateLea County, NM0 BBLs0 MCFOct 2023
Gar StateLea County, NM22 BBLs0 MCFJan 2025
Hot Toddy Abq StateLea County, NM403 BBLs1,336 MCFJan 2025
KemnitzLea County, NM22 BBLs174 MCFFeb 2025
Kemnitz Lower Wolfcamp East UnitLea County, NM0 BBLs0 MCFJul 2007
Kemnitz Wolfcamp UnitLea County, NM104 BBLs25 MCFFeb 2025
Lovington PlainsLea County, NM14 BBLs1,066 MCFFeb 2025
New Mex ALea County, NM0 BBLs0 MCFSep 2012
Northeast KemnitzLea County, NM593 BBLs3,825 MCFJan 2025
Snapper StateLea County, NM231 BBLs125 MCFJan 2025
SombreroLea County, NM152 BBLs38 MCFJan 2025
StateLea County, NM0 BBLs0 MCFJul 2019
StateLea County, NM8 BBLs3,317 MCFFeb 2025

Companies in the Area

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

Company Name
Chesapeake Operating, Inc.
Cimarex Energy Co. Of Colorado
COG Operating LLC
Devon Energy Operating Co., L.P.
Edge Petroleum Oper. Co., Inc.
Elk Oil Company
EOG Y Resources Inc
Extex Operating Company
Fina Oil & Chemical
G And C Operating, LLC
Legacy Reserves Operating LP
Mack Energy Corporation
Marks And Garner Production LTD Co
Matador Operating Company
Matador Production Company
MGM Oil & Gas Company
Nadel And Gussman Permian,L.L.C.
Penroc Oil Corp.
Roughhouse Operating, LLC
U.S. Energy Development Corp