Oil & Gas Property in Lea County, NM
Key data points for Teal 12 State Com
| County | Lea County, NM |
|---|---|
| Operator | CIMAREX ENERGY CO |
| Production Dates | Sep 2014 - Oct 2024 |
| Total Oil Production | 275,219 BBLs |
| Total Gas Production | 285,654 MCF |
| Recent Oil Production | 1,222 BBLs in Oct 2024 |
| Recent Gas Production | 2,868 MCF in Oct 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$48,582 *
MarketMultiple™
$202,813 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Teal 12 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 3,077 BBLs | 2,496 MCF | Oct 2024 |
| Airstrip | Lea County, NM | 2,029 BBLs | 810 MCF | Oct 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,678 BBLs | 696 MCF | Oct 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 54,639 BBLs | 48,460 MCF | Oct 2024 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Go State | Lea County, NM | 1,907 BBLs | 1,827 MCF | Oct 2024 |
| Government | Lea County, NM | 470 BBLs | 213 MCF | Oct 2024 |
| King Cobra 2 State | Lea County, NM | 2,281 BBLs | 2,198 MCF | Oct 2024 |
| Merit 6 Eh State Com | Lea County, NM | 712 BBLs | 261 MCF | Oct 2024 |
| Perla Negra Federal Com | Lea County, NM | 14,089 BBLs | 17,127 MCF | Oct 2024 |
| Playa 2 State | Lea County, NM | 1,278 BBLs | 1,199 MCF | Oct 2024 |
| Quail 11 State | Lea County, NM | 3,323 BBLs | 3,360 MCF | Oct 2024 |
| Quail Queen Unit | Lea County, NM | 62 BBLs | 0 MCF | Oct 2024 |
| Raptor West 3 State | Lea County, NM | 1,215 BBLs | 1,780 MCF | Nov 2024 |
| Reddy Gulf State | Lea County, NM | 367 BBLs | 0 MCF | Nov 2024 |
| Scharb 10 | Lea County, NM | 4,813 BBLs | 5,161 MCF | Oct 2024 |
| Super Cobra State Com | Lea County, NM | 1,552 BBLs | 891 MCF | Oct 2024 |
| Tomcat Fee | Lea County, NM | 598 BBLs | 223 MCF | Oct 2024 |
| Wild Cobra 1 State | Lea County, NM | 1,545 BBLs | 1,465 MCF | Oct 2024 |
These are the closest 20 companies operating near the Teal 12 State Com property.