Oil & Gas Property in Lea County, NM
Key data points for Teal 12 State Com
| County | Lea County, NM |
|---|---|
| Operator | COTERRA ENERGY OPERATING CO. |
| Production Dates | Sep 2014 - Feb 2025 |
| Total Oil Production | 279,930 BBLs |
| Total Gas Production | 296,118 MCF |
| Recent Oil Production | 1,163 BBLs in Jan 2025 |
| Recent Gas Production | 2,442 MCF in Jan 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$46,160 *
MarketMultiple™
$178,398 **
* 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 | 3,428 BBLs | 1,337 MCF | Jan 2025 |
| Airstrip | Lea County, NM | 426 BBLs | 155 MCF | Jan 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,698 BBLs | 802 MCF | Jan 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 29,850 BBLs | 24,722 MCF | Jan 2025 |
| 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 | 9,831 BBLs | 5,743 MCF | Jan 2025 |
| Government | Lea County, NM | 510 BBLs | 153 MCF | Jan 2025 |
| King Cobra 2 State | Lea County, NM | 1,982 BBLs | 1,890 MCF | Jan 2025 |
| Mongoose Fee | Lea County, NM | 669 BBLs | 478 MCF | Jan 2025 |
| Perla Negra Federal Com | Lea County, NM | 12,440 BBLs | 13,488 MCF | Jan 2025 |
| Playa 2 State | Lea County, NM | 1,090 BBLs | 1,971 MCF | Feb 2025 |
| Quail 11 State | Lea County, NM | 3,583 BBLs | 2,854 MCF | Feb 2025 |
| Quail Queen Unit | Lea County, NM | 71 BBLs | 0 MCF | Feb 2025 |
| Raptor West 3 State | Lea County, NM | 1,578 BBLs | 1,441 MCF | Feb 2025 |
| Reddy Gulf State | Lea County, NM | 217 BBLs | 0 MCF | Feb 2025 |
| Scharb 10 | Lea County, NM | 4,781 BBLs | 4,936 MCF | Jan 2025 |
| Super Cobra State Com | Lea County, NM | 1,806 BBLs | 647 MCF | Jan 2025 |
| Tomcat Fee | Lea County, NM | 744 BBLs | 275 MCF | Jan 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,541 BBLs | 1,295 MCF | Jan 2025 |
These are the closest 20 companies operating near the Teal 12 State Com property.