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 - Aug 2024 |
| Total Oil Production | 272,786 BBLs |
| Total Gas Production | 279,821 MCF |
| Recent Oil Production | 1,278 BBLs in Aug 2024 |
| Recent Gas Production | 3,085 MCF in Aug 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$49,905 *
MarketMultiple™
$186,016 **
* 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 | 3,036 BBLs | 2,588 MCF | Aug 2024 |
| Airstrip | Lea County, NM | 1,166 BBLs | 574 MCF | Aug 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,603 BBLs | 723 MCF | Aug 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 63,982 BBLs | 60,136 MCF | Aug 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 |
| King Cobra 2 State | Lea County, NM | 2,385 BBLs | 2,294 MCF | Aug 2024 |
| Merit 6 Eh State Com | Lea County, NM | 393 BBLs | 245 MCF | Aug 2024 |
| Mongoose Fee | Lea County, NM | 431 BBLs | 527 MCF | Aug 2024 |
| Perla Negra Federal Com | Lea County, NM | 16,755 BBLs | 15,380 MCF | Aug 2024 |
| Playa 2 State | Lea County, NM | 1,464 BBLs | 1,507 MCF | Aug 2024 |
| Quail 11 State | Lea County, NM | 3,288 BBLs | 2,977 MCF | Aug 2024 |
| Quail Queen Unit | Lea County, NM | 76 BBLs | 0 MCF | Aug 2024 |
| Raptor West 3 State | Lea County, NM | 1,494 BBLs | 1,480 MCF | Aug 2024 |
| Reddy Gulf State | Lea County, NM | 391 BBLs | 0 MCF | Aug 2024 |
| Scharb 10 | Lea County, NM | 4,996 BBLs | 4,824 MCF | Aug 2024 |
| Super Cobra State Com | Lea County, NM | 1,769 BBLs | 472 MCF | Aug 2024 |
| Tomcat Fee | Lea County, NM | 475 BBLs | 126 MCF | Aug 2024 |
| Wild Cobra 1 State | Lea County, NM | 1,479 BBLs | 1,196 MCF | Aug 2024 |
These are the closest 20 companies operating near the Teal 12 State Com property.