State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Jan 2025
Total Oil Production133,222 BBLs
Total Gas Production4,663,356 MCF
Recent Oil Production64 BBLs in Jan 2025
Recent Gas Production4,089 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$5,181 *

MarketMultiple

$19,047 **

* 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 Jan 2025

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, NM173 BBLs317 MCFJan 2025
Apollo State ComLea County, NM45,878 BBLs660,104 MCFJan 2025
Atoka Bank BDJ State ComLea County, NM2,924 BBLs9,266 MCFJan 2025
Bandit 29 State ComLea County, NM30,643 BBLs250,957 MCFJan 2025
Bandit 32 State ComLea County, NM3,934 BBLs21,095 MCFJan 2025
Bell LakeLea County, NM38,987 BBLs257,442 MCFJan 2025
Bell Lake 19 18 State Com 0Lea County, NM32,140 BBLs362,833 MCFJan 2025
Caravan 28 State ComLea County, NM58,877 BBLs610,732 MCFJan 2025
Caravan BLea County, NM7,785 BBLs17,894 MCFJan 2025
Convoy 28 State ComLea County, NM49,156 BBLs979,370 MCFJan 2025
Convoy Buc StateLea County, NM2,232 BBLs3,556 MCFJan 2025
Copperhead 18Lea County, NM1,329 BBLs1,411 MCFJan 2025
Double X 25 FederalLea County, NM304 BBLs1,552 MCFJan 2025
Eata FajitaLea County, NM9,659 BBLs124,106 MCFJan 2025
HeartthrobLea County, NM27,108 BBLs436,052 MCFJan 2025
Hyperion StateLea County, NM82,989 BBLs749,637 MCFJan 2025
Jackson UnitLea County, NM200,976 BBLs2,498,884 MCFJan 2025
Mamba 30 StateLea County, NM20,846 BBLs116,720 MCFJan 2025
Mamba BQN State ComLea County, NM1,649 BBLs3,216 MCFJan 2025
Taipan BST StateLea County, NM805 BBLs1,969 MCFJan 2025