Wallace State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Wallace State

CountyLea County, NM
OperatorME-TEX OIL & GAS, INC.
Production DatesJan 1993 - Jan 2025
Total Oil Production361,823 BBLs
Total Gas Production3,289,662 MCF
Recent Oil Production925 BBLs in Jan 2025
Recent Gas Production5,827 MCF in Jan 2025
Wells on Property6

Our Valuation Estimates for Wallace State

ShaleAssessment

$46,595 *

MarketMultiple

$128,327 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Wallace State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wallace State
from Jan 1993 to Jan 2025

Wells on Wallace State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-20074WALLACE STATE 005ME-TEX OIL & GAS INCActiveLea County, NM32.508785-103.259590
30-025-20168WALLACE STATE 006ME-TEX OIL & GAS INCActiveLea County, NM32.512432-103.254242
30-025-20190WALLACE STATE 007ME-TEX OIL & GAS INCActiveLea County, NM32.516041-103.260658
30-025-26811WALLACE STATE 008ME-TEX OIL & GAS INCActiveLea County, NM32.513149-103.255310
30-025-28066WALLACE STATE 010ME-TEX OIL & GAS INCActiveLea County, NM32.510613-103.256378
30-025-29055WALLACE STATE 011ME-TEX OIL & GAS INCActiveLea County, NM32.512417-103.258522

Leases included in Wallace State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
6767WALLACE STATEME-TEX OIL & GAS INCLea County, NM

Nearby Properties

These are the closest 20 properties to the Wallace State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A J AdkinsLea County, NM542 BBLs1,106 MCFJan 2025
Bell Ramsay NCTLea County, NM155 BBLs2,464 MCFJan 2025
Ernest C AdkinsLea County, NM0 BBLs1,149 MCFJan 2025
Eunice MonumentLea County, NM29,271 BBLs22,957 MCFJan 2025
Evans StateLea County, NM0 BBLs0 MCFDec 2024
Exxon Aggie StateLea County, NM0 BBLs326 MCFJan 2025
Graham Orcutt Gas ComLea County, NM0 BBLs285 MCFJan 2025
H T Orcutt NCTLea County, NM0 BBLs1,666 MCFJan 2025
Heasley StateLea County, NM0 BBLs0 MCFJul 2024
J A AkensLea County, NM187 BBLs188 MCFJan 2025
J F Janda NCT DLea County, NM0 BBLs982 MCFJan 2025
John D KnoxLea County, NM430 BBLs366 MCFJan 2025
M S BerrymanLea County, NM0 BBLs14 MCFJan 2025
McQuattersLea County, NM0 BBLs1,003 MCFJan 2025
MeyerLea County, NM871 BBLs13,756 MCFJan 2025
Meyer B 2Lea County, NM0 BBLs0 MCFOct 2024
New MexicoLea County, NM29 BBLs75 MCFJan 2025
R R Bell NCTLea County, NM0 BBLs1,842 MCFJan 2025
Shell StateLea County, NM0 BBLs398 MCFJan 2025
Turner StateLea County, NM0 BBLs0 MCFOct 2024