Oil & Gas Property in Lea County, NM
Key data points for Westates Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2024 |
| Total Oil Production | 46,138 BBLs |
| Total Gas Production | 479,727 MCF |
| Recent Oil Production | 83 BBLs in Oct 2024 |
| Recent Gas Production | 988 MCF in Oct 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Westates Federal
ShaleAssessment™
$4,268 *
MarketMultiple™
$11,265 **
* 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 Westates Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| C C Fristoe A Federal NCT | Lea County, NM | 102 BBLs | 1,788 MCF | Oct 2024 |
| C C Fristoe B Federal NCT | Lea County, NM | 1,727 BBLs | 14,954 MCF | Oct 2024 |
| Eaton | Lea County, NM | 0 BBLs | 72 MCF | Oct 2024 |
| Elliott 31 Federal | Lea County, NM | 244 BBLs | 86 MCF | Oct 2024 |
| G L Erwin A Federal | Lea County, NM | 174 BBLs | 2,594 MCF | Oct 2024 |
| G L Erwin B Federal NCT | Lea County, NM | 1,505 BBLs | 9,236 MCF | Oct 2024 |
| George L Erwin | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Hale State | Lea County, NM | 65 BBLs | 5,205 MCF | Oct 2024 |
| Hodges B | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Humphrey Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Justis A Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2016 |
| Justis S | Lea County, NM | 0 BBLs | 88 MCF | Oct 2024 |
| M E Hale | Lea County, NM | 80 BBLs | 919 MCF | Oct 2024 |
| New Mexico B | Lea County, NM | 214 BBLs | 71 MCF | Oct 2024 |
| Ramsey State | Lea County, NM | 80 BBLs | 1,238 MCF | Oct 2024 |
| Red Cloud | Lea County, NM | 0 BBLs | 0 MCF | Aug 2019 |
| Stuart Langlie Mattix Unit | Lea County, NM | 170 BBLs | 0 MCF | Oct 2024 |
| Trantula 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Vance 30 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| W A Ramsay NCT | Lea County, NM | 20 BBLs | 122 MCF | Oct 2024 |
These are the closest 20 companies operating near the Westates Federal property.