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 - Sep 2024
Total Oil Production738,539 BBLs
Total Gas Production1,135,662 MCF
Recent Oil Production84 BBLs in Sep 2024
Recent Gas Production102 MCF in Sep 2024
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment™

$53,192 *

MarketMultiple™

$32,329 **

* 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
30-025-02572STATE E 022HAL J RASMUSSEN OPER INCPlugged (Not Released)Lea County, NM32.461731-103.441681
30-025-02579STATE 23 025HAL J RASMUSSEN OPER INCPlugged (Not Released)Lea County, NM32.465488-103.441681
30-025-02596STATE L 001FULFER OIL & CATTLE LLCActiveLea County, NM32.452694-103.431007
30-025-02605STATE AA 001RAYBAW Operating, LLCTemporary AbandonmentLea County, NM32.433575-103.434135
30-025-08470STATE BU 001V-F PETROLEUM INCPluggedLea County, NM32.415237-103.442719
30-025-26559STATE GC 001Extex Operating CompanyActiveLea County, NM32.400723-103.404526
30-025-27907STATE 001GREAT WESTERN ONSHORE INCPluggedLea County, NM32.411610-103.442726
30-025-38617STATE GC 002Extex Operating CompanyActiveLea County, NM32.411606-103.408478

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
14038STATE 23HAL J RASMUSSEN OPER INCLea County, NM
14039STATE EHAL J RASMUSSEN OPER INCLea County, NM
25366STATE LFULFER OIL & CATTLE LLCLea County, NM
314863STATE BUV-F PETROLEUM INCLea County, NM
330607STATE GCExtex Operating CompanyLea County, NM
334088STATE AARAYBAW Operating, LLCLea County, NM
4207STATE COMEXXON MOBIL CORPORATIONLea County, NM
4801STATEGREAT WESTERN ONSHORE 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
Burgundy 20005 JV-PLea County, NM0 BBLs3,385 MCFSep 2024
Chimichangas 12 State ComLea County, NM0 BBLs0 MCFAug 2024
Chorizo 12 State ComLea County, NM0 BBLs0 MCFAug 2024
Dolly VardenLea County, NM17,573 BBLs40,720 MCFSep 2024
Dolly Varden 25 24 BLea County, NM10,844 BBLs52,576 MCFSep 2024
Eric Cartman 6 State ComLea County, NM0 BBLs0 MCFAug 2024
Getty 1 StateLea County, NM0 BBLs0 MCFAug 2024
Getty 35 State ComLea County, NM0 BBLs0 MCFJan 2024
Gordita 6 State ComLea County, NM0 BBLs0 MCFAug 2024
Grama Ridge 116 35Lea County, NM45,180 BBLs94,078 MCFSep 2024
Grama Ridge East 34Lea County, NM0 BBLs0 MCFAug 2024
Inland 26 23 BLea County, NM28,209 BBLs126,271 MCFSep 2024
Margarita 12 State ComLea County, NM0 BBLs0 MCFAug 2024
New Mexico DLea County, NM19 BBLs38 MCFSep 2024
Ram 3 B2pa State ComLea County, NM2,137 BBLs3,605 MCFSep 2024
Ram 3 B3ob State ComLea County, NM2,771 BBLs3,365 MCFSep 2024
Ram 3 B3pa State ComLea County, NM1,209 BBLs1,331 MCFSep 2024
Slick Mesa 27 StateLea County, NM1,053 BBLs11,561 MCFSep 2024
Squeeze 2 StateLea County, NM0 BBLs0 MCFAug 2024
Steelhead 36 25 B2Lea County, NM23,210 BBLs87,834 MCFSep 2024

Companies in the Area

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

Company Name
Apache Corporation
Bta Oil Producers
Bta Oil Producers, LLC
C W Trainer
Caza Operating, LLC
Chisholm Energy Operating, LLC
Cimarex Energy Co. Of Colorado
COG Operating LLC
Earthstone Operating, LLC
EOG Resources Inc
Jay Management Company LLC
John H Hendrix Corp
Marathon Oil Permian LLC
Marshall & Winston, Inc.
Mewbourne Oil Company
Permian Resources Operating, LLC
Phillips Petroleum Company
Pronghorn Management Corporation
Raybaw Operating, LLC
V-F Petroleum Inc.