| 301 | LODEWICK FEDERAL | Chaves County, NM | Gas Property | Jan 2025 |
| 302 | LOE FEDERAL | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 303 | LOGAN 2 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 304 | LOGAN 35 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 305 | LOGAN ASO FEDERAL COM | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 306 | LOGAN B 35 N FEDERAL | Eddy County, NM | Oil & Gas Property | Nov 2020 |
| 307 | LOGAN DRAW | Eddy County, NM | Gas Property | Jan 2025 |
| 308 | LOGAN DRAW 30 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 309 | LOGOS 0 | Sandoval County, NM | Oil & Gas Property | Jan 2025 |
| 310 | LOGOS 00 | San Juan County, NM | Oil & Gas Property | Jan 2025 |
| 311 | LOLA BUG | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 312 | LOMAS ROJAS 26 STATE COM | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 313 | LONE PINE DAKOTA D UNIT | McKinley County, NM | Gas Property | Jun 2005 |
| 314 | LONE RANGER | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 315 | LONE RANGER 1 | Lea County, NM | Oil & Gas Property | Oct 2022 |
| 316 | LONE TREE DRAW 1 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 317 | LONE WATIE 32 STATE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 318 | LONE WOLF 36 | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 319 | LONESOME DOVE FEDERAL COM | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 320 | LONETREE | Eddy County, NM | Oil & Gas Property | Aug 2021 |
| 321 | LONG ARROYO | Chaves County, NM | Oil & Gas Property | Nov 2021 |
| 322 | LONG BRANCH | Eddy County, NM | Oil & Gas Property | Nov 2018 |
| 323 | LONG DRAW | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 324 | LONG DRAW 10 DM FEDERAL COM 00 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 325 | LONG DRAW 4 FEDERAL COM | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 326 | LONG DRAW 9 BO FEDERAL COM | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 327 | LONG JOHN 29 30 FEDERAL COM | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 328 | LONG NOSE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 329 | LONG TALL SALLY | Roosevelt County, NM | Oil & Gas Property | Jan 2025 |
| 330 | LONGBOARD PWU 20 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 331 | LONGVIEW DEEP FEDERAL | Eddy County, NM | Oil & Gas Property | Dec 2024 |
| 332 | LONGVIEW FEDERAL | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 333 | LOOKIN GOOD 34 STATE COM | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 334 | LOOKOUT B FEDERAL | Chaves County, NM | Gas Property | Jan 2025 |
| 335 | LOOKOUT C FEDERAL | Chaves County, NM | Gas Property | Jan 2025 |
| 336 | LOOKOUT FEDERAL | Chaves County, NM | Gas Property | Jan 2025 |
| 337 | LOPEZ GAS COM | San Juan County, NM | Oil & Gas Property | Jan 2025 |
| 338 | LORETTA BBO STATE | Chaves County, NM | Oil & Gas Property | Sep 2024 |
| 339 | LORRAINE GAS COM | San Juan County, NM | Oil & Gas Property | Jan 2025 |
| 340 | LOS INDIOS CANYON | Rio Arriba County, NM | Oil & Gas Property | Nov 2024 |
| 341 | LOS MEDANOS 36 23 30 STATE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 342 | LOS VAQUEROS | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 343 | LOST MINE 22302 26 23 FED COM | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 344 | LOST TANK | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 345 | LOST TANK 16 STATE | Lea County, NM | Oil & Gas Property | Sep 2024 |
| 346 | LOST TANK 3 FEDERAL DEEP | Eddy County, NM | Oil & Gas Property | Oct 2024 |
| 347 | LOST TANK 30 19 FEDERAL COM | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 348 | LOTOS 1 | Eddy County, NM | Oil & Gas Property | Mar 2023 |
| 349 | LOTOS 11 | Eddy County, NM | Oil & Gas Property | Mar 2023 |
| 350 | LOTOS A FEDERAL | Eddy County, NM | Oil & Gas Property | Sep 2021 |
| 351 | LOTOS C FEDERAL | Eddy County, NM | Oil & Gas Property | Jan 2022 |
| 352 | LOTOS FEDERAL | Eddy County, NM | Oil & Gas Property | Apr 2020 |
| 353 | LOTSA LUCK FEDERAL | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 354 | LOTTIE YORK | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 355 | LOTUS ALT STATE | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 356 | LOTUS SWD | Lea County, NM | Oil & Gas Property | Feb 2012 |
| 357 | LOU WORTHA | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 358 | LOUISE AYI | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 359 | LOVE 3 FEDERAL | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 360 | LOVE SHACK FEDERAL COM | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 361 | LOVELACE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 362 | LOVELADY STATE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 363 | LOVELESS | Chaves County, NM | Oil & Gas Property | Jul 2020 |
| 364 | LOVING | Eddy County, NM | Oil & Gas Property | Dec 2018 |
| 365 | LOVING 2 STATE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 366 | LOVING AIB STATE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 367 | LOVING TOWNSITE 2 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 368 | LOVINGTON | Lea County, NM | Oil & Gas Property | Nov 2019 |
| 369 | LOVINGTON DEEP | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 370 | LOVINGTON PADDOCK UNIT | Lea County, NM | Oil & Gas Property | May 2023 |
| 371 | LOVINGTON PLAINS | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 372 | LOVINGTON SAN ANDRES UNIT | Lea County, NM | Oil & Gas Property | Apr 2023 |
| 373 | LOVINGTON TRUST | Lea County, NM | Oil & Gas Property | Nov 2024 |
| 374 | LOWE | Lea County, NM | Oil & Gas Property | May 2007 |
| 375 | LOWE | Rio Arriba County, NM | Gas Property | May 2010 |
| 376 | LOWE | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 377 | LOWE STATE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 378 | LP STATE | Eddy County, NM | Oil & Gas Property | Oct 2007 |
| 379 | LPC 31 FEDERAL | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 380 | LU-LU | Sandoval County, NM | Oil & Gas Property | Jan 2025 |
| 381 | LUCAS FEE | Chaves County, NM | Oil & Gas Property | Jan 2025 |
| 382 | LUCERNE | San Juan County, NM | Oil & Gas Property | Jan 2025 |
| 383 | LUCERNE A | San Juan County, NM | Oil & Gas Property | Jan 2025 |
| 384 | LUCIA BROOKES | Eddy County, NM | Oil Property | Dec 2023 |
| 385 | LUCKY BAMBOO 5 FEDERAL | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 386 | LUCKY LIZARD FEDERAL | Lea County, NM | Oil & Gas Property | Aug 2004 |
| 387 | LUCKY LOBO ASX FEDERAL | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 388 | LUCKY STRIKE | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 389 | LUCKY WOLF 3 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 390 | LUCY ALC STATE | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 391 | LUCY PEARL STATE | Eddy County, NM | Oil & Gas Property | Mar 2023 |
| 392 | LUDWICK | San Juan County, NM | Oil & Gas Property | Jan 2025 |
| 393 | LULA | Chaves County, NM | Oil & Gas Property | Oct 2002 |
| 394 | LUMAN | Roosevelt County, NM | Oil & Gas Property | Feb 2025 |
| 395 | LUNT | San Juan County, NM | Oil & Gas Property | Jan 2025 |
| 396 | LUSITANO 27 | Eddy County, NM | Oil & Gas Property | Jan 2025 |
| 397 | LUSK | Eddy County, NM | Oil Property | Sep 2004 |
| 398 | LUSK 16 STATE | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 399 | LUSK 22 FEDERAL | Lea County, NM | Oil & Gas Property | Jan 2025 |
| 400 | LUSK 23 FEDERAL | Lea County, NM | Oil & Gas Property | Jan 2025 |