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 Production230,996 BBLs
Total Gas Production11,244,052 MCF
Recent Oil Production273 BBLs in Jan 2025
Recent Gas Production7,661 MCF in Jan 2025
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment

$63,407 *

MarketMultiple

$51,361 **

* 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
30-025-24319STATE 1 001Coterra Energy Operating Co.PluggedLea County, NM32.247528-103.447174
30-025-24414STATE 2 002Coterra Energy Operating Co.Plugged (Not Released)Lea County, NM32.244801-103.442894
30-025-24517STATE 35 001MEWBOURNE OIL COPluggedLea County, NM32.258690-103.442940
30-025-25269STATE R COM 001HMATADOR PRODUCTION COMPANYActiveLea County, NM32.270199-103.425858
30-025-25650STATE EO 001CHESAPEAKE OPERATING, INC.PluggedLea County, NM32.281071-103.442955
30-025-26198STATE 23 001REGENERATION ENERGY, CORPORATIONPluggedLea County, NM32.284699-103.442955
30-025-26328STATE 23 002MATADOR PRODUCTION COMPANYPlugged (Not Released)Lea County, NM32.291943-103.442955
30-025-37774STATE 1 002CIMAREX ENERGY CO. OF COLORADOActiveLea County, NM32.252064-103.438675

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
300017STATE EOCHESAPEAKE OPERATING, INC.Lea County, NM
312174STATE 35MEWBOURNE OIL COLea County, NM
312261STATE 23REGENERATION ENERGY, CORPORATIONLea County, NM
317538STATE 23MATADOR PRODUCTION COMPANYLea County, NM
317540STATE R COMMATADOR PRODUCTION COMPANYLea County, NM
320760STATE 1Coterra Energy Operating Co.Lea County, NM
320761STATE 2Coterra Energy Operating Co.Lea County, NM
35538STATE 1CIMAREX ENERGY CO. OF COLORADOLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Antelope RidgeLea County, NM1,089 BBLs4,153 MCFJan 2025
Bonanza FederalLea County, NM112 BBLs68 MCFJan 2025
Canyonlands 2 State ComLea County, NM2,787 BBLs4,024 MCFJan 2025
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM35,003 BBLs134,577 MCFJan 2025
Gazelle 22 B2Lea County, NM2,523 BBLs7,786 MCFJan 2025
Gazelle 22 B3Lea County, NM3,518 BBLs7,900 MCFJan 2025
Jeff Hart Federal ComLea County, NM45,706 BBLs142,383 MCFJan 2025
Jeff Hart State ComLea County, NM15,886 BBLs30,998 MCFJan 2025
Keller 2Lea County, NM0 BBLs0 MCFFeb 2024
Keller 3Lea County, NM115 BBLs438 MCFJan 2025
Kestrel 1 12 FederalLea County, NM18,929 BBLs72,199 MCFJan 2025
Landreth Federal ComLea County, NM977 BBLs1,402 MCFJan 2025
Lepakast State ComLea County, NM827 BBLs1,755 MCFJan 2025
Mad Dog 26Lea County, NM175,473 BBLs391,741 MCFJan 2025
Mad Dog 26 MD State Com 001HLea County, NM443 BBLs175 MCFJan 2025
Mad Dog 35 BLea County, NM1,337 BBLs4,466 MCFJan 2025
Mad Dog 35 CN State ComLea County, NM657 BBLs240 MCFJan 2025
Mortarboard Federal ComLea County, NM3,637 BBLs6,517 MCFJan 2025
Toro 36 B3Lea County, NM2,663 BBLs4,359 MCFJan 2025