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 Production708,734 BBLs
Total Gas Production632,679 MCF
Recent Oil Production570 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$32,485 *

MarketMultiple™

$57,381 **

* 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
30-025-05230STATE T 005AMERICO ENERGY RESOURCES LLCActiveLea County, NM33.045017-103.172913
30-025-05231STATE T 006AMERICO ENERGY RESOURCES LLCActiveLea County, NM33.047321-103.172043
30-025-05232STATE T 007Scorpion Oil & Gas, LLCReclamation Fund ApprovedLea County, NM33.041920-103.172051
30-025-05233STATE T 008AMERICO ENERGY RESOURCES LLCActiveLea County, NM33.041946-103.176361
30-025-05242STATE H 001Scorpion Oil & Gas, LLCActiveLea County, NM33.047298-103.165535
30-025-05243STATE H 002Scorpion Oil & Gas, LLCPlugged (Not Released)Lea County, NM33.047573-103.165535
30-025-05244STATE A 001RESOLUTE NATURAL RESOURCES CO., LLCPluggedLea County, NM33.044670-103.177437
30-025-05245STATE A 002Ring Energy, IncPluggedLea County, NM33.045578-103.177231
30-025-40074STATE A 003ECELERO ENERGY II, LPCancelledLea County, NM33.043262-103.176702

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
300380STATE TAMERICO ENERGY RESOURCES LLCLea County, NM
306081STATE ACELERO ENERGY II, LPLea County, NM
312227STATE ARESOLUTE NATURAL RESOURCES CO., LLCLea County, NM
325710STATE ARing Energy, IncLea County, NM
325711STATE HRing Energy, IncLea County, NM
334727STATE HScorpion Oil & Gas, LLCLea County, NM
334728STATE TScorpion Oil & Gas, LLCLea 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
B C DickinsonLea County, NM0 BBLs0 MCFAug 2024
BuckleyLea County, NM0 BBLs0 MCFAug 2024
DentonLea County, NM8,315 BBLs9,820 MCFOct 2024
Denton North Wolfcamp UnitLea County, NM4,236 BBLs407 MCFOct 2024
DickinsonLea County, NM0 BBLs0 MCFJul 1995
DMT 7 FeeLea County, NM335 BBLs0 MCFSep 2024
Huron 13 FeeLea County, NM308 BBLs202 MCFOct 2024
J M DentonLea County, NM3,160 BBLs3,743 MCFOct 2024
L R ChamberlinLea County, NM704 BBLs1,227 MCFOct 2024
Lea G StateLea County, NM746 BBLs438 MCFOct 2024
Lee WhitmanLea County, NM0 BBLs0 MCFAug 2024
McClureLea County, NM0 BBLs0 MCFMar 2010
Mexico FLea County, NM0 BBLs0 MCFJul 2016
Missouri Unit 13 FeeLea County, NM337 BBLs98 MCFOct 2024
Pat H McClureLea County, NM954 BBLs1,370 MCFOct 2024
PriestLea County, NM0 BBLs0 MCFAug 2024
PyramidLea County, NM317 BBLs0 MCFOct 2024
SheltonLea County, NM0 BBLs0 MCFMay 2008
State T DevonianLea County, NM0 BBLs0 MCFAug 2013
T D PopeLea County, NM0 BBLs0 MCFAug 2024

Companies in the Area

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

Company Name
Americo Energy Resources, LLC
Celero Energy II, LP
Cimarex Energy Co
Collins & Ware, Inc.
Contango Resources LLC
Devon Energy Production Company LP
Fasken Oil And Ranch, LTD.
Legacy Reserves Operating LP
Paladin Energy Corp.
Phillips Petroleum Company
Polaris Production Corp.
Resolute Natural Resources Co., LLC
Ring Energy, Inc.
Saber Resources, LLC
Scorpion Oil & Gas, LLC
Stanolind Permian LLC
Stephens & Johnson Op Co
Team Operating, L.L.C.
Texaco Expl. And Prod. Inc.
V-F Petroleum Inc.