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 | 1,211 BBLs in Sep 2024 |
| Recent Gas Production | 2,965 MCF in Sep 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$48,582 *
MarketMultiple™
$207,775 **
* 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 | 2,815 BBLs | 2,267 MCF | Oct 2024 |
| Airstrip | Lea County, NM | 1,173 BBLs | 558 MCF | Oct 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,475 BBLs | 727 MCF | Oct 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 68,257 BBLs | 68,386 MCF | Sep 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 | 0 BBLs | 0 MCF | Jul 2023 |
| Government | Lea County, NM | 321 BBLs | 204 MCF | Oct 2024 |
| King Cobra 2 State | Lea County, NM | 2,164 BBLs | 2,111 MCF | Oct 2024 |
| Mongoose Fee | Lea County, NM | 552 BBLs | 577 MCF | Oct 2024 |
| Perla Negra Federal Com | Lea County, NM | 14,594 BBLs | 16,108 MCF | Sep 2024 |
| Playa 2 State | Lea County, NM | 1,376 BBLs | 1,336 MCF | Sep 2024 |
| Quail 11 State | Lea County, NM | 3,561 BBLs | 3,550 MCF | Oct 2024 |
| Quail Queen Unit | Lea County, NM | 58 BBLs | 0 MCF | Sep 2024 |
| Raptor West 3 State | Lea County, NM | 1,876 BBLs | 1,845 MCF | Oct 2024 |
| Reddy Gulf State | Lea County, NM | 368 BBLs | 0 MCF | Oct 2024 |
| Scharb 10 | Lea County, NM | 3,546 BBLs | 3,687 MCF | Sep 2024 |
| Super Cobra State Com | Lea County, NM | 1,067 BBLs | 511 MCF | Oct 2024 |
| Tomcat Fee | Lea County, NM | 558 BBLs | 195 MCF | Oct 2024 |
| Wild Cobra 1 State | Lea County, NM | 1,592 BBLs | 1,479 MCF | Oct 2024 |
These are the closest 20 companies operating near the Teal 12 State Com property.