Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2025 |
| Total Oil Production | 7,550 BBLs |
| Total Gas Production | 260,329 MCF |
| Recent Oil Production | 7 BBLs in Jan 2025 |
| Recent Gas Production | 0 MCF in Jan 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for State
ShaleAssessment™
$429 *
MarketMultiple™
$625 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abenaki 10 State | Lea County, NM | 451 BBLs | 1,420 MCF | Feb 2025 |
| Angle State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2015 |
| Beams 15 State | Lea County, NM | 441 BBLs | 898 MCF | Feb 2025 |
| Caprock Yeso Area Cya C | Lea County, NM | 2,148 BBLs | 4,759 MCF | Jan 2025 |
| Gallagher | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Kemnitz Wolfcamp Unit | Lea County, NM | 104 BBLs | 25 MCF | Feb 2025 |
| Lea 0 | Lea County, NM | 39 BBLs | 0 MCF | Feb 2025 |
| Lea A State | Lea County, NM | 20 BBLs | 0 MCF | Feb 2025 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Ledbetter Gulf State | Lea County, NM | 306 BBLs | 0 MCF | Jan 2025 |
| Martin 11 State | Lea County, NM | 522 BBLs | 900 MCF | Feb 2025 |
| Miller BW State | Lea County, NM | 123 BBLs | 0 MCF | Feb 2025 |
| Mobil State | Lea County, NM | 96 BBLs | 0 MCF | Jan 2025 |
| New Mex A | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Oakmont 11 10 State Com | Lea County, NM | 4,060 BBLs | 4,214 MCF | Jan 2025 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 418 BBLs | 82 MCF | Jan 2025 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Silverstrand State | Lea County, NM | 399 BBLs | 58 MCF | Jan 2025 |
These are the closest 20 companies operating near the State property.