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 Production738,539 BBLs
Total Gas Production1,136,087 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment™

$51,801 *

MarketMultiple™

$26,401 **

* 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
30-025-02572STATE 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 LLCPlugged (Not Released)Lea 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 NameOperatorCounty
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, NM33 BBLs2,339 MCFNov 2024
Chimichangas 12 State ComLea County, NM60,954 BBLs148,401 MCFNov 2024
Chorizo 12 State ComLea County, NM27,319 BBLs94,441 MCFNov 2024
Dolly VardenLea County, NM73 BBLs0 MCFNov 2024
Dolly Varden 25 24 BLea County, NM9,388 BBLs32,739 MCFNov 2024
Eric Cartman 6 State ComLea County, NM127,359 BBLs259,417 MCFNov 2024
Getty 1 StateLea County, NM0 BBLs298 MCFNov 2024
Getty 36 State ComLea County, NM0 BBLs36 MCFNov 2024
Gordita 6 State ComLea County, NM32,689 BBLs112,575 MCFNov 2024
Grama Ridge 116 35Lea County, NM45,841 BBLs118,480 MCFNov 2024
Grama Ridge East 34Lea County, NM10,906 BBLs47,941 MCFNov 2024
Inland 26 23 BLea County, NM18,789 BBLs84,617 MCFNov 2024
Margarita 12 State ComLea County, NM40,262 BBLs125,340 MCFNov 2024
New Mexico DLea County, NM14 BBLs0 MCFNov 2024
Ram 3 B2pa State ComLea County, NM2,131 BBLs5,850 MCFNov 2024
Ram 3 B3ob State ComLea County, NM1,243 BBLs1,642 MCFNov 2024
Ram 3 B3pa State ComLea County, NM1,246 BBLs1,306 MCFNov 2024
Slick Mesa 27 StateLea County, NM1,160 BBLs11,614 MCFNov 2024
Squeeze 2 StateLea County, NM15,822 BBLs47,384 MCFNov 2024
Steelhead 36 25 B2Lea County, NM184 BBLs0 MCFNov 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.