State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Oct 2024
Total Oil Production133,010 BBLs
Total Gas Production4,650,750 MCF
Recent Oil Production75 BBLs in Oct 2024
Recent Gas Production4,191 MCF in Oct 2024
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$5,391 *

MarketMultiple

$15,343 **

* 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 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26158STATE 29 J 001EOG RESOURCES INCPluggedLea County, NM32.186817-103.592209
30-025-31036STATE 2O 001RUBICON OIL & GAS, LLCActiveLea County, NM32.204994-103.596497
30-025-33717STATE 19 001DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.205322-103.609901
30-025-34148STATE 30 001COBRA OIL & GAS CORPORATIONPluggedLea County, NM32.194107-103.609306

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
21606STATE 30COBRA OIL & GAS CORPORATIONLea County, NM
312253STATE 19DEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
320540STATE 29 JEOG RESOURCES INCLea County, NM
333231STATE 2ORUBICON OIL & GAS, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adder Bse StateLea County, NM833 BBLs5,080 MCFOct 2024
Apollo State ComLea County, NM57,526 BBLs777,996 MCFOct 2024
Atoka Bank BDJ State ComLea County, NM2,397 BBLs8,393 MCFOct 2024
Bandit 29 State ComLea County, NM71,410 BBLs403,098 MCFOct 2024
Bandit 32 State ComLea County, NM5,078 BBLs31,497 MCFOct 2024
Bell LakeLea County, NM40,011 BBLs353,360 MCFOct 2024
Bell Lake 19 18 State Com 0Lea County, NM30,202 BBLs248,143 MCFOct 2024
Caravan 28 State ComLea County, NM71,549 BBLs468,302 MCFOct 2024
Caravan BLea County, NM6,973 BBLs16,021 MCFOct 2024
Convoy 28 State ComLea County, NM47,976 BBLs481,503 MCFOct 2024
Convoy Buc StateLea County, NM2,379 BBLs4,820 MCFOct 2024
Copperhead 18Lea County, NM5,521 BBLs9,959 MCFOct 2024
Double X 25 FederalLea County, NM186 BBLs1,156 MCFOct 2024
Eata FajitaLea County, NM11,759 BBLs108,474 MCFNov 2024
HeartthrobLea County, NM27,813 BBLs352,451 MCFOct 2024
Hyperion StateLea County, NM124,047 BBLs930,666 MCFOct 2024
Jackson UnitLea County, NM275,603 BBLs2,985,108 MCFOct 2024
Mamba 30 StateLea County, NM23,975 BBLs130,265 MCFOct 2024
Mamba BQN State ComLea County, NM1,263 BBLs3,736 MCFOct 2024
Taipan BST StateLea County, NM1,213 BBLs4,947 MCFOct 2024