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 2025
Total Oil Production618,868 BBLs
Total Gas Production6,604,468 MCF
Recent Oil Production569 BBLs in Sep 2025
Recent Gas Production1,941 MCF in Sep 2025
Wells on Property30

Our Valuation Estimates for State

ShaleAssessment™

$34,622 *

MarketMultiple™

$56,989 **

* 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 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-07434STATE B 005RAYBAW Operating, LLCActiveLea County, NM32.720253-103.168472
30-025-07435STATE B 006RAYBAW Operating, LLCActiveLea County, NM32.720253-103.172806
30-025-07442STATE 1 29 001CHEVRON U S A INCPluggedLea County, NM32.713875-103.165245
30-025-07443STATE 1 29 002CHEVRON U S A INCPluggedLea County, NM32.713875-103.167397
30-025-07517STATE A 003HESS CORPORATIONPluggedLea County, NM32.709343-103.168793
30-025-07561STATE A 3 027OCCIDENTAL PERMIAN LTDPluggedLea County, NM32.698280-103.147278
30-025-07562STATE G 003BP AMERICA PRODUCTION COMPANYPluggedLea County, NM32.704876-103.154511
30-025-07563STATE G 004BP AMERICA PRODUCTION COMPANYPluggedLea County, NM32.704804-103.158798
30-025-22934STATE A 29 007EW Operating (NM), LLCActiveLea County, NM32.712975-103.173218
30-025-23048STATE A 29 008TEXLAND PETROLEUM-HOBBS, LLCPluggedLea County, NM32.717068-103.173386
30-025-23076STATE A 004APACHE CORPORATIONPluggedLea County, NM32.709343-103.168945
30-025-23116STATE A 005Contango Resources, LLCPluggedLea County, NM32.709339-103.164169
30-025-23173STATE 1-29 005TEXLAND PETROLEUM-HOBBS, LLCPluggedLea County, NM32.712063-103.169235
30-025-23195STATE A 33 012Extex Operating CompanyActiveLea County, NM32.702587-103.159981
30-025-23252STATE 1-29 006TEXLAND PETROLEUM-HOBBS, LLCPluggedLea County, NM32.712059-103.164177
30-025-23416STATE A 041BP AMERICA PRODUCTION COMPANYPluggedLea County, NM32.677555-103.150223
30-025-26368STATE HF COM 001OCCIDENTAL PERMIAN LTDPlugged (Not Released)Lea County, NM32.698280-103.146790
30-025-26980STATE A (AMOCO) 038OCCIDENTAL PERMIAN LTDPlugged (Not Released)Lea County, NM32.687260-103.150459
30-025-28577STATE B 001Contango Resources, LLCPluggedLea County, NM32.705715-103.099640
30-025-35304STATE A 006RAYBAW Operating, LLCActiveLea County, NM32.708435-103.167931
30-025-35671STATE A 009TEXLAND PETROLEUM-HOBBS, LLCCancelledLea County, NM32.710536-103.162516
30-025-35672STATE 1-29 007EW Operating (NM), LLCActiveLea County, NM32.711540-103.165932
30-025-35673STATE 1-29 009EW Operating (NM), LLCActiveLea County, NM32.714123-103.166260
30-025-35674STATE A 29 010EW Operating (NM), LLCActiveLea County, NM32.711460-103.174393
30-025-35726STATE A 008TEXLAND PETROLEUM-HOBBS, LLCPluggedLea County, NM32.707718-103.166084
30-025-35820STATE A 007RAYBAW Operating, LLCActiveLea County, NM32.709065-103.163651
30-025-37293STATE A 011OXY USA WTP LIMITED PARTNERSHIPPluggedLea County, NM32.715252-103.166992
30-025-37349STATE A 011YOXY USA WTP LIMITED PARTNERSHIPPlugged (Not Released)Lea County, NM32.715233-103.166992
30-025-37577STATE G 33 001OCCIDENTAL PERMIAN LTDPlugged (Not Released)Lea County, NM32.706535-103.159874
30-025-38572STATE HF COM 002EW Operating (NM), LLCActiveLea County, NM32.701817-103.147919

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
1104STATE ABP AMERICA PRODUCTION COMPANYLea County, NM
1121STATE GBP AMERICA PRODUCTION COMPANYLea County, NM
173STATE AHESS CORPORATIONLea County, NM
19551STATE A 3OCCIDENTAL PERMIAN LTDLea County, NM
19553STATE GOCCIDENTAL PERMIAN LTDLea County, NM
19554STATE HF COMOCCIDENTAL PERMIAN LTDLea County, NM
19592STATE A (AMOCO)OCCIDENTAL PERMIAN LTDLea County, NM
25696STATE 1-29TEXLAND PETROLEUM-HOBBS, LLCLea County, NM
26481STATE AAPACHE CORPORATIONLea County, NM
27060STATE A 29TEXLAND PETROLEUM-HOBBS, LLCLea County, NM
2725STATE 1 29CHEVRON U S A INCLea County, NM
28761STATE ATEXLAND PETROLEUM-HOBBS, LLCLea County, NM
305157STATE AGrizzly Operating, LLCLea County, NM
305158STATE BGrizzly Operating, LLCLea County, NM
330143STATE AContango Resources, LLCLea County, NM
330144STATE BContango Resources, LLCLea County, NM
330427STATE G 33OCCIDENTAL PERMIAN LTDLea County, NM
330603STATE A 33Extex Operating CompanyLea County, NM
337017STATE ARAYBAW Operating, LLCLea County, NM
337018STATE BRAYBAW Operating, LLCLea County, NM
337504STATE 1-29EW Operating (NM), LLCLea County, NM
337507STATE A 29EW Operating (NM), LLCLea County, NM
337510STATE HF COMEW Operating (NM), LLCLea County, NM
34855STATE AOXY USA WTP LIMITED PARTNERSHIPLea 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
Bowers A FederalLea County, NM1,396 BBLs185 MCFSep 2025
BP AmericaLea County, NM96 BBLs671 MCFSep 2025
CainLea County, NM21 BBLs0 MCFSep 2025
Carrie O DavisLea County, NM232 BBLs0 MCFOct 2025
Conoco StateLea County, NM0 BBLs0 MCFApr 2018
East Hobbs San Andres UnitLea County, NM0 BBLs0 MCFAug 2025
FosterLea County, NM0 BBLs0 MCFFeb 2017
H D McKinleyLea County, NM0 BBLs0 MCFOct 2009
HardinLea County, NM0 BBLs0 MCFDec 2001
HerraduraLea County, NM0 BBLs0 MCFJun 2017
HobbsLea County, NM0 BBLs0 MCFAug 2019
Mexico ULea County, NM0 BBLs0 MCFMar 2015
North HobbsLea County, NM236,732 BBLs667,886 MCFSep 2025
RiceLea County, NM0 BBLs0 MCFDec 2001
SelmanLea County, NM63 BBLs0 MCFNov 2025
South Hobbs G/Sa UnitLea County, NM153,319 BBLs0 MCFSep 2025
State Land Section 3Lea County, NM0 BBLs0 MCFMar 2020
TerryLea County, NM0 BBLs44 MCFSep 2025
W D GrimesLea County, NM768 BBLs2,364 MCFSep 2025
WilliamsLea County, NM0 BBLs0 MCFJun 2025

Companies in the Area

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

Company Name
BC & D Operating Inc.
BP America Production Company
Chevron USA Inc
Chi Operating, Inc.
ConocoPhillips Company
Ew Operating (NM), LLC
Exxon Mobil Corporation
Hess Corporation
HRC Inc
Latigo Petroleum, Inc.
Mesquite SWD Inc
Occidental Permian LTD.
Oxy USA Inc
Petroleum Exploration Company LTD., Limited
Sabre Op Inc
Saga Petroleum Limited Liability Co.
Sahara Operating Company
Shell Western E&P Inc.
Texaco Exploration & Prod Inc
Texland Petroleum-Hobbs, L.L.C.