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 - Sep 2024
Total Oil Production1,080,591 BBLs
Total Gas Production1,899,189 MCF
Recent Oil Production174 BBLs in Sep 2024
Recent Gas Production657 MCF in Sep 2024
Wells on Property11

Our Valuation Estimates for State

ShaleAssessment™

$30,663 *

MarketMultiple™

$32,861 **

* 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 Sep 2024

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
30-025-23079STATE 16 001CIMAREX ENERGY CO. OF COLORADOPlugged (Not Released)Lea County, NM32.916557-103.261673
30-025-27578STATE 7 001SWIFT ENERGY COPluggedLea County, NM32.931267-103.293167
30-025-28455STATE 21 002AMERIND OIL CO L PPluggedLea County, NM32.909302-103.261696
30-025-29016STATE SEC 9 001Contango Resources, LLCActiveLea County, NM32.942055-103.252983
30-025-29796STATE 16 003CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.920189-103.248779
30-025-30043STATE 16 004CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.924782-103.256966
30-025-30536STATE 12 AA 001CIMAREX ENERGY CO. OF COLORADOPlugged (Not Released)Lea County, NM32.935085-103.302231
30-025-30579STATE 21 003CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.910214-103.247734
30-025-30926STATE 16 005CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.921093-103.260880
30-025-34238STATE 3 001ARMSTRONG ENERGY CORPActiveLea County, NM32.938305-103.306366
30-025-35324STATE SEC 9 002Contango Resources, LLCActiveLea County, NM32.939461-103.258820

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10766STATE 7SWIFT ENERGY COLea County, NM
14558STATE 21AMERIND OIL CO L PLea County, NM
29042STATE 16CIMAREX ENERGY CO. OF COLORADOLea County, NM
29043STATE 21CIMAREX ENERGY CO. OF COLORADOLea County, NM
300554STATE 12 AACIMAREX ENERGY CO. OF COLORADOLea County, NM
320121STATE 3ARMSTRONG ENERGY CORPLea County, NM
330151STATE SEC 9Contango Resources, LLCLea 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
AndersonLea County, NM0 BBLs0 MCFJul 2001
B E ShippLea County, NM81 BBLs0 MCFSep 2024
Buddy 9Lea County, NM198 BBLs1,001 MCFSep 2024
Carter-Shipp Strawn UnitLea County, NM0 BBLs0 MCFOct 2004
CaudillLea County, NM133 BBLs0 MCFSep 2024
Easley 6Lea County, NM1,195 BBLs3,290 MCFSep 2024
East Lovington 8Lea County, NM0 BBLs0 MCFFeb 2024
H T MontiethLea County, NM0 BBLs0 MCFJun 2023
Higgins Trust IncLea County, NM0 BBLs0 MCFMar 2019
Hummingbird Adm StateLea County, NM0 BBLs0 MCFMar 2022
J P DeanLea County, NM0 BBLs0 MCFJul 2014
Kim 1Lea County, NM485 BBLs414 MCFSep 2024
Kim HarrisLea County, NM0 BBLs0 MCFJul 1994
LovingtonLea County, NM0 BBLs0 MCFNov 2019
Mallon C StateLea County, NM0 BBLs0 MCFSep 2005
Monsanto 30 StateLea County, NM1 BBLs0 MCFSep 2024
MontiethLea County, NM0 BBLs0 MCFJul 2010
Olivine 05 16 37 TL StateLea County, NM321 BBLs525 MCFSep 2024
Pennzoil StateLea County, NM0 BBLs0 MCFMay 2010
Tim Parker 18 16S 37e StateLea County, NM4,994 BBLs5,493 MCFSep 2024

Companies in the Area

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

Company Name
3tec Energy Corporation
Acacia Operating Company, LLC
Armstrong Energy Corporation
Bepco, L.P.
Breck Operating Corp.
Bta Oil Producers
Bta Oil Producers, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Contango Resources LLC
EOG Resources Inc
EOG Y Resources Inc
Grizzly Operating LLC
Harvey E Yates Company
Legacy Reserves Operating LP
Matador Production Company
Nearburg Producing Company
Pure Energy Operating, Inc.
T2 Operating Corporation