Oil & Gas Property in Lea County, NM
Key data points for Wallace State
| County | Lea County, NM |
|---|---|
| Operator | ME-TEX OIL & GAS, INC. |
| Production Dates | Jan 1993 - Sep 2024 |
| Total Oil Production | 358,138 BBLs |
| Total Gas Production | 3,264,010 MCF |
| Recent Oil Production | 909 BBLs in Aug 2024 |
| Recent Gas Production | 7,483 MCF in Aug 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$49,196 *
MarketMultiple™
$127,537 **
* 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 Wallace State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| A J Adkins | Lea County, NM | 857 BBLs | 476 MCF | Aug 2024 |
| Bell Ramsay NCT | Lea County, NM | 0 BBLs | 2,671 MCF | Aug 2024 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,644 MCF | Aug 2024 |
| Eunice Monument | Lea County, NM | 31,410 BBLs | 11,625 MCF | Aug 2024 |
| Evans State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 195 MCF | Aug 2024 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 232 MCF | Aug 2024 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 1,920 MCF | Aug 2024 |
| Heasley State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| J A Akens | Lea County, NM | 347 BBLs | 1,857 MCF | Aug 2024 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 1,062 MCF | Aug 2024 |
| John D Knox | Lea County, NM | 421 BBLs | 756 MCF | Aug 2024 |
| Kincheloe 2 State | Lea County, NM | 318 BBLs | 490 MCF | Sep 2024 |
| McQuatters | Lea County, NM | 72 BBLs | 570 MCF | Aug 2024 |
| Meyer | Lea County, NM | 804 BBLs | 19,647 MCF | Aug 2024 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| New Mexico | Lea County, NM | 46 BBLs | 1,090 MCF | Aug 2024 |
| R R Bell NCT | Lea County, NM | 0 BBLs | 1,620 MCF | Aug 2024 |
| Shell State | Lea County, NM | 0 BBLs | 1,566 MCF | Aug 2024 |
| Turner State | Lea County, NM | 0 BBLs | 2,584 MCF | Aug 2024 |
These are the closest 20 companies operating near the Wallace State property.