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 - Dec 2024 |
| Total Oil Production | 360,898 BBLs |
| Total Gas Production | 3,283,835 MCF |
| Recent Oil Production | 925 BBLs in Nov 2024 |
| Recent Gas Production | 6,454 MCF in Nov 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$47,158 *
MarketMultiple™
$128,902 **
* 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 | 679 BBLs | 1,402 MCF | Nov 2024 |
| Bell Ramsay NCT | Lea County, NM | 259 BBLs | 2,393 MCF | Nov 2024 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,298 MCF | Dec 2024 |
| Eunice Monument | Lea County, NM | 30,706 BBLs | 22,246 MCF | Dec 2024 |
| Evans State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 87 MCF | Nov 2024 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 301 MCF | Nov 2024 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 1,677 MCF | Nov 2024 |
| Heasley State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| J A Akens | Lea County, NM | 464 BBLs | 815 MCF | Dec 2024 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 1,047 MCF | Nov 2024 |
| John D Knox | Lea County, NM | 590 BBLs | 1,412 MCF | Nov 2024 |
| M S Berryman | Lea County, NM | 0 BBLs | 76 MCF | Dec 2024 |
| McQuatters | Lea County, NM | 30 BBLs | 1,162 MCF | Dec 2024 |
| Meyer | Lea County, NM | 1,035 BBLs | 18,839 MCF | Dec 2024 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| New Mexico | Lea County, NM | 75 BBLs | 140 MCF | Dec 2024 |
| R R Bell NCT | Lea County, NM | 0 BBLs | 1,693 MCF | Nov 2024 |
| Shell State | Lea County, NM | 0 BBLs | 481 MCF | Dec 2024 |
| Turner State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
These are the closest 20 companies operating near the Wallace State property.