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 - Nov 2024 |
| Total Oil Production | 359,953 BBLs |
| Total Gas Production | 3,277,391 MCF |
| Recent Oil Production | 890 BBLs in Oct 2024 |
| Recent Gas Production | 6,927 MCF in Oct 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$47,843 *
MarketMultiple™
$128,721 **
* 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 | 705 BBLs | 1,079 MCF | Oct 2024 |
| Bell Ramsay NCT | Lea County, NM | 250 BBLs | 2,552 MCF | Oct 2024 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,496 MCF | Nov 2024 |
| Eunice Monument | Lea County, NM | 30,510 BBLs | 22,397 MCF | Oct 2024 |
| Evans State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 86 MCF | Oct 2024 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 349 MCF | Oct 2024 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 1,865 MCF | Oct 2024 |
| Heasley State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| J A Akens | Lea County, NM | 354 BBLs | 959 MCF | Oct 2024 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 1,082 MCF | Oct 2024 |
| John D Knox | Lea County, NM | 635 BBLs | 1,749 MCF | Oct 2024 |
| Kincheloe 2 State | Lea County, NM | 312 BBLs | 457 MCF | Nov 2024 |
| McQuatters | Lea County, NM | 112 BBLs | 1,001 MCF | Nov 2024 |
| Meyer | Lea County, NM | 866 BBLs | 18,510 MCF | Nov 2024 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 879 MCF | Oct 2024 |
| New Mexico | Lea County, NM | 63 BBLs | 133 MCF | Oct 2024 |
| R R Bell NCT | Lea County, NM | 0 BBLs | 2,037 MCF | Oct 2024 |
| Shell State | Lea County, NM | 0 BBLs | 91 MCF | Nov 2024 |
| Turner State | Lea County, NM | 0 BBLs | 543 MCF | Oct 2024 |
These are the closest 20 companies operating near the Wallace State property.