Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Nov 2024 |
| Total Oil Production | 224,834 BBLs |
| Total Gas Production | 219,963 MCF |
| Recent Oil Production | 29 BBLs in Nov 2024 |
| Recent Gas Production | 0 MCF in Nov 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for State
ShaleAssessment™
$4,503 *
MarketMultiple™
$3,358 **
* 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 |
|---|---|---|---|---|
| Button Up | Lea County, NM | 0 BBLs | 0 MCF | Apr 2001 |
| Clemmons Sunburst Federal | Lea County, NM | 169 BBLs | 2 MCF | Dec 2024 |
| Coastal | Lea County, NM | 85 BBLs | 0 MCF | Dec 2024 |
| Cola Ado State Com | Chaves County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Cooper | Lea County, NM | 0 BBLs | 0 MCF | Apr 2004 |
| Crossroads 22 State | Lea County, NM | 136 BBLs | 576 MCF | Dec 2024 |
| Dwight Azi State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2021 |
| Flying M | Lea County, NM | 1,609 BBLs | 96 MCF | Dec 2024 |
| Humble | Chaves County, NM | 5 BBLs | 0 MCF | Nov 2024 |
| Kellahin 14 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2015 |
| McAlester | Chaves County, NM | 0 BBLs | 0 MCF | Feb 2018 |
| McGuffin | Lea County, NM | 527 BBLs | 91 MCF | Dec 2024 |
| Mohawk State | Chaves County, NM | 330 BBLs | 31 MCF | Nov 2024 |
| New Mexico | Lea County, NM | 88 BBLs | 0 MCF | Dec 2024 |
| Penroc New Mexico BW State | Chaves County, NM | 0 BBLs | 0 MCF | Jan 2010 |
| Quota Aqt State | Lea County, NM | 842 BBLs | 1,254 MCF | Nov 2024 |
| South Tobac State Unit | Chaves County, NM | 158 BBLs | 19 MCF | Nov 2024 |
| State | Chaves County, NM | 0 BBLs | 0 MCF | Mar 2021 |
| Sunburst Spence Federal | Lea County, NM | 0 BBLs | 12 MCF | Nov 2024 |
| Susco State | Lea County, NM | 240 BBLs | 0 MCF | Dec 2024 |
These are the closest 20 companies operating near the State property.