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 - Nov 2024 |
| Total Oil Production | 276,481 BBLs |
| Total Gas Production | 288,599 MCF |
| Recent Oil Production | 1,262 BBLs in Nov 2024 |
| Recent Gas Production | 2,945 MCF in Nov 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$47,900 *
MarketMultiple™
$195,476 **
* 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 | 3,126 BBLs | 2,492 MCF | Nov 2024 |
| Airstrip | Lea County, NM | 913 BBLs | 337 MCF | Nov 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 560 BBLs | 283 MCF | Nov 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 47,041 BBLs | 43,222 MCF | Nov 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 |
| Espejo Federal Com | Lea County, NM | 7,453 BBLs | 7,335 MCF | Nov 2024 |
| Go State | Lea County, NM | 8,966 BBLs | 6,973 MCF | Nov 2024 |
| Government | Lea County, NM | 627 BBLs | 216 MCF | Nov 2024 |
| King Cobra 2 State | Lea County, NM | 2,292 BBLs | 2,226 MCF | Nov 2024 |
| Merit 6 Eh State Com | Lea County, NM | 566 BBLs | 300 MCF | Nov 2024 |
| Perla Negra Federal Com | Lea County, NM | 14,090 BBLs | 19,157 MCF | Nov 2024 |
| Playa 2 State | Lea County, NM | 1,021 BBLs | 1,143 MCF | Nov 2024 |
| Quail 11 State | Lea County, NM | 3,785 BBLs | 3,098 MCF | Nov 2024 |
| Quail Queen Unit | Lea County, NM | 86 BBLs | 0 MCF | Nov 2024 |
| Raptor West 3 State | Lea County, NM | 1,689 BBLs | 1,840 MCF | Nov 2024 |
| Reddy Gulf State | Lea County, NM | 361 BBLs | 0 MCF | Nov 2024 |
| Scharb 10 | Lea County, NM | 4,762 BBLs | 4,411 MCF | Nov 2024 |
| Super Cobra State Com | Lea County, NM | 1,630 BBLs | 802 MCF | Nov 2024 |
| Wild Cobra 1 State | Lea County, NM | 1,487 BBLs | 1,385 MCF | Nov 2024 |
These are the closest 20 companies operating near the Teal 12 State Com property.