Oil & Gas Property in Lea County, NM
Key data points for West Grama Ridge
| County | Lea County, NM |
|---|---|
| Operator | CIMAREX ENERGY CO |
| Production Dates | Apr 2017 - Oct 2024 |
| Total Oil Production | 2,392,144 BBLs |
| Total Gas Production | 4,453,315 MCF |
| Recent Oil Production | 16,368 BBLs in Oct 2024 |
| Recent Gas Production | 60,007 MCF in Oct 2024 |
| Wells on Property | 21 |
Our Valuation Estimates for West Grama Ridge
ShaleAssessment™
$90,930 *
MarketMultiple™
$2,639,460 **
* 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 West Grama Ridge property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bevo 11 Federal | Lea County, NM | 1,641 BBLs | 2,220 MCF | Nov 2024 |
| Black Sheep 4 33 B | Lea County, NM | 31,452 BBLs | 103,414 MCF | Oct 2024 |
| Black Sheep 4 B2 | Lea County, NM | 9,178 BBLs | 42,424 MCF | Oct 2024 |
| Crunch Berry 6 Federal Com | Lea County, NM | 12,847 BBLs | 22,535 MCF | Oct 2024 |
| Gaucho 2 | Lea County, NM | 7,676 BBLs | 25,979 MCF | Oct 2024 |
| Gaucho Unit | Lea County, NM | 13,099 BBLs | 86,781 MCF | Oct 2024 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Nov 2024 |
| Grama 8817 | Lea County, NM | 87,121 BBLs | 124,804 MCF | Nov 2024 |
| Grama 8817 JV-P Federal Com 002H | Lea County, NM | 3,479 BBLs | 11,942 MCF | Nov 2024 |
| Grey Hawk State | Lea County, NM | 2,022 BBLs | 3,116 MCF | Nov 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 7,615 BBLs | 31,578 MCF | Oct 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 1,774 BBLs | 6,828 MCF | Oct 2024 |
| Ram 3 B3MD State Com | Lea County, NM | 4,311 BBLs | 7,420 MCF | Oct 2024 |
| Ram 3 B3NC State Com | Lea County, NM | 3,523 BBLs | 5,821 MCF | Oct 2024 |
| Red Stag 5 32 B | Lea County, NM | 38,347 BBLs | 66,325 MCF | Oct 2024 |
| Speyside 18 Federal | Lea County, NM | 33,201 BBLs | 93,344 MCF | Oct 2024 |
| Tenderloin Federal Com | Lea County, NM | 30,980 BBLs | 51,229 MCF | Nov 2024 |
| West Grama Ridge | Lea County, NM | 604 BBLs | 2,312 MCF | Oct 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 95,151 BBLs | 342,302 MCF | Nov 2024 |
These are the closest 20 companies operating near the West Grama Ridge property.