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 - May 2024
Total Oil Production148,206 BBLs
Total Gas Production159,392 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property5

Our Valuation Estimates for State

ShaleAssessment™

$8,227 *

MarketMultiple™

$5,433 **

* 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 May 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-01872STATE 17-20 001BRECK OPERATING CORPPluggedLea County, NM33.102776-103.535416
30-025-01873STATE 17-20 002Petroleum Exploration Company Ltd., Limited PActiveLea County, NM33.110027-103.535416
30-025-20419STATE 001MARK L SHIDLER INCActiveLea County, NM33.084667-103.487968
30-025-23479STATE 85 001PETRO LEWIS CORPPluggedLea County, NM33.073349-103.513855
30-025-24762STATE BK 001J & J SERVICE INCPlugged (Not Released)Lea County, NM33.070137-103.510040

Leases included in State

Lease #Lease NameOperatorCounty
20119STATE BKJ & J SERVICE INCLea County, NM
2228STATE 17-20BRECK OPERATING CORPLea County, NM
32135STATEMARK L SHIDLER INCLea County, NM
324901STATE 17-20Petroleum Exploration Company Ltd., Limited PLea County, NM
4686STATE BCHARLES B GILLESPIE JRLea County, NM
9022STATE 85PETRO LEWIS CORPLea 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
Chad Axa StateLea County, NM0 BBLs0 MCFJul 2022
Chalupa Aad StateLea County, NM0 BBLs0 MCFMar 2002
EstacadoLea County, NM110 BBLs0 MCFAug 2024
Harris Aau StateLea County, NM0 BBLs0 MCFOct 2013
High PlainsLea County, NM214 BBLs353 MCFSep 2024
Huber StateLea County, NM0 BBLs0 MCFJan 2016
James OneilLea County, NM0 BBLs0 MCFAug 2020
JM Huber State NCTLea County, NM0 BBLs0 MCFApr 2019
Mandrell BMR State ComLea County, NM0 BBLs119 MCFAug 2024
New MexicoLea County, NM0 BBLs0 MCFApr 2022
New Mexico ALea County, NM0 BBLs0 MCFMar 2023
New Mexico BG State NCTLea County, NM0 BBLs0 MCFMay 2021
PapalotesLea County, NM20 BBLs0 MCFAug 2024
Stoltz FederalLea County, NM0 BBLs0 MCFNov 2002
Superior Wa StateLea County, NM84 BBLs410 MCFAug 2024
Tahoe Wa StateLea County, NM50 BBLs433 MCFAug 2024
TMBR 1Lea County, NM0 BBLs0 MCFMay 2007
Tres PapalotesLea County, NM388 BBLs4 MCFSep 2024
Uno StateLea County, NM362 BBLs1,821 MCFAug 2024
West Tres Papalotes Penn UnitLea County, NM0 BBLs0 MCFMay 1997

Companies in the Area

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

Company Name
Acacia Operating Company, LLC
Apache Corporation
BC Operating, Inc.
COG Operating LLC
Concho Resources Inc.
Crownquest Operating, LLC
EOG Y Resources Inc
Extex Operating Company
Great Western Drilling Co
J R Oil, LTD. Co.
Kukui Operating Company
Marks And Garner Production LTD Co
Oxy USA Inc
Patterson Petroleum LLC
Permian Resources, Inc.
PPC Operating Company LLC
Pride Energy Company
Rand Paulson Energy Company
TMBR/Sharp Drilling, Inc.
Walsh & Watts Inc