Celtic State

Oil & Gas Property in Chaves County, NM

  2. New Mexico
  3. Chaves County, NM
  4. Oil & Gas Properties in Chaves County, NM
  5. Celtic State Oil & Gas Property

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Property Summary

Key data points for Celtic State

CountyChaves County, NM
Production DatesJan 1993 - Aug 2025
Total Oil Production185,420 BBLs
Total Gas Production23,729 MCF
Recent Oil Production78 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property9

Our Valuation Estimates for Celtic State

ShaleAssessment™

$1,743 *

MarketMultiple™

$8,022 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Celtic State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Celtic State
from Jan 1993 to Aug 2025

Wells on Celtic State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-005-62898CELTIC STATE 001QUATRO OSOS E&P, LLCActiveChaves County, NM33.623383-104.151100
30-005-62912CELTIC STATE 002QUATRO OSOS E&P, LLCActiveChaves County, NM33.622562-104.153267
30-005-62964CELTIC STATE 003QUATRO OSOS E&P, LLCActiveChaves County, NM33.626194-104.153252
30-005-63077CELTIC STATE 004QUATRO OSOS E&P, LLCActiveChaves County, NM33.624363-104.148926
30-005-63114CELTIC STATE 005QUATRO OSOS E&P, LLCTemporary Abandonment (Expired)Chaves County, NM33.624371-104.151093
30-005-63128CELTIC STATE 006QUATRO OSOS E&P, LLCActiveChaves County, NM33.626179-104.148911
30-005-63131CELTIC STATE 007ELK OIL COCancelledChaves County, NM33.626167-104.146712
30-005-63437CELTIC STATE 007QUATRO OSOS E&P, LLCActiveChaves County, NM33.622551-104.148933
30-005-63438CELTIC STATE 008PONDEROSA PETROLEUM CORPORATIONCancelledChaves County, NM33.626145-104.140275

Leases included in Celtic State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
303694CELTIC STATEPONDEROSA PETROLEUM CORPORATIONChaves County, NM
320620CELTIC STATEQUATRO OSOS E&P, LLCChaves County, NM
3963CELTIC STATEELK OIL COChaves County, NM

Operators Associated With Celtic State

Nearby Properties

These are the closest 20 properties to the Celtic State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alma ShieldsChaves County, NM0 BBLs0 MCFMay 2020
Ard StateChaves County, NM0 BBLs0 MCFNov 2018
Avalanche Journal StateChaves County, NM0 BBLs0 MCFNov 2018
Bill Thorp StateChaves County, NM0 BBLs0 MCFAug 2024
BonanzaChaves County, NM228 BBLs347 MCFAug 2025
Cactus FlowerChaves County, NM0 BBLs219 MCFJul 2025
Camel StateChaves County, NM0 BBLs2,306 MCFAug 2025
Campbell Station UnitChaves County, NM0 BBLs2,078 MCFJul 2025
Carl Ano StateChaves County, NM0 BBLs0 MCFAug 2024
Duncan FederalChaves County, NM0 BBLs0 MCFJul 2019
Emmons StateChaves County, NM0 BBLs0 MCFJul 2019
Hanlad Akz StateChaves County, NM0 BBLs0 MCFMay 2014
Kells StateChaves County, NM87 BBLs0 MCFAug 2025
Lewis NeffChaves County, NM0 BBLs0 MCFJun 2020
Quincy Amq StateChaves County, NM0 BBLs0 MCFJun 2025
Runyan StateChaves County, NM0 BBLs0 MCFAug 1996
Sandlewood Aew StateChaves County, NM0 BBLs674 MCFJul 2025
Standard StateChaves County, NM0 BBLs0 MCFJun 2020
State AChaves County, NM0 BBLs0 MCFJan 2020
Trailblazer Anl StateChaves County, NM0 BBLs0 MCFSep 2012

Companies in the Area

These are the closest 16 companies operating near the Celtic State property.

Company Name
Cibola Energy Corporation
Elk Oil Company
EOG Resources, Inc.
EOG Y Resources Inc
Hanson Operating Company Inc
Harvard Petroleum Company, LLC
Iacx Production LLC
J R Oil, LTD. Co.
Jalapeno Corporation
M E W Enterprise
N Dale Nichols
Onshore Royalties LLC
Ponderosa Petroleum Corporation
Quatro Osos E&P, LLC
Roger Slayton Dba Escudilla Oil Company
Tamaroa Operating, LLC