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 - Aug 2024
Total Oil Production7,513 BBLs
Total Gas Production260,267 MCF
Recent Oil Production4 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for State

ShaleAssessment™

$468 *

MarketMultiple™

$560 **

* 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 Aug 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-01972STATE 197 001WALSH & WATTS INCActiveLea County, NM32.857544-103.592674
30-025-25409STATE XX COM 001CROSS TIMBERS ENERGY, LLCActiveLea County, NM32.847561-103.593720

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
312486STATE XX COMCROSS TIMBERS ENERGY, LLCLea County, NM
332461STATE 197WALSH & WATTS 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
Abenaki 10 StateLea County, NM500 BBLs1,130 MCFSep 2024
Angle StateLea County, NM0 BBLs0 MCFDec 2015
Beams 15 StateLea County, NM449 BBLs615 MCFSep 2024
Caprock Yeso Area Cya CLea County, NM1,266 BBLs1,152 MCFAug 2024
GallagherLea County, NM0 BBLs0 MCFOct 2022
Kemnitz Wolfcamp UnitLea County, NM0 BBLs45 MCFSep 2024
Lea 0Lea County, NM42 BBLs0 MCFAug 2024
Lea A StateLea County, NM17 BBLs0 MCFAug 2024
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Ledbetter Gulf StateLea County, NM129 BBLs0 MCFAug 2024
Martin 11 StateLea County, NM520 BBLs462 MCFSep 2024
Miller BW StateLea County, NM153 BBLs0 MCFAug 2024
Mobil StateLea County, NM10 BBLs0 MCFAug 2024
New Mex ALea County, NM0 BBLs0 MCFSep 2012
Oakmont 11 10 State ComLea County, NM5,185 BBLs5,255 MCFAug 2024
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM405 BBLs281 MCFAug 2024
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shell StateLea County, NM0 BBLs0 MCFApr 2022
Silverstrand StateLea County, NM342 BBLs177 MCFAug 2024

Companies in the Area

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

Company Name
Chevron USA Inc
Cimarex Energy Co. Of Colorado
CML Exploration, LLC
COG Operating LLC
ConocoPhillips Company
Dwight A Tipton
EOG A Resources, Inc.
Fina Oil & Chemical
G And C Operating, LLC
Mack Energy Corporation
Maverick Permian LLC
MGM Oil & Gas Company
Pennzenergy Exploration & Production LLC
Penroc Oil Corp.
Phillips Petroleum Company
Rover Operating, LLC
Smith & Marrs Inc.
Southwest Royalties Inc
Spur Energy Partners LLC
Walsh & Watts Inc