Salem

Oil & Gas Property in Chaves County, NM

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

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Property Summary

Key data points for Salem

CountyChaves County, NM
OperatorIACX PRODUCTION LLC
Production DatesJan 1993 - Jul 2025
Total Oil Production7 BBLs
Total Gas Production1,628,590 MCF
Recent Oil Production0 BBLs in Jul 2025
Recent Gas Production3,210 MCF in Jul 2025
Wells on Property4

Our Valuation Estimates for Salem

ShaleAssessment™

$4,026 *

MarketMultiple™

$15,162 **

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

Based on a decimal interest

Salem Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Salem
from Jan 1993 to Jul 2025

Wells on Salem

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-005-61584SALEM COM 001IACX Production LLCActiveChaves County, NM33.653732-104.300110
30-005-63439SALEM 002IACX Production LLCActiveChaves County, NM33.643631-104.287102
30-005-63554SALEM 003IACX Production LLCActiveChaves County, NM33.647278-104.291435
30-005-63559SALEM COM 004IACX Production LLCActiveChaves County, NM33.650993-104.296860

Leases included in Salem

Lease #Lease NameOperatorCountyMonthly Gas Prod.
328038SALEMIACX Production LLCChaves County, NM
328039SALEM COMIACX Production LLCChaves County, NM

Nearby Properties

These are the closest 20 properties to the Salem property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeanChaves County, NM0 BBLs1,857 MCFJul 2025
Charlie Za FederalChaves County, NM0 BBLs890 MCFJul 2025
Charlotte FederalChaves County, NM0 BBLs1,685 MCFJul 2025
Dale FederalChaves County, NM0 BBLs297 MCFJul 2025
Dorothy Vo FederalChaves County, NM0 BBLs400 MCFJul 2025
Gerry FederalChaves County, NM0 BBLs326 MCFJul 2025
Horn Yg FederalChaves County, NM0 BBLs2,714 MCFJul 2025
Huckabay TJ FederalChaves County, NM0 BBLs1,456 MCFJul 2025
Jervis Ayb FederalChaves County, NM0 BBLs3,104 MCFJul 2025
LauraleaChaves County, NM0 BBLs1,520 MCFJul 2025
McKay-WinstonChaves County, NM0 BBLs934 MCFJul 2025
Nichols Dale FederalChaves County, NM0 BBLs4,541 MCFJul 2025
Pay Ayy Federal ComChaves County, NM0 BBLs119 MCFJul 2025
Pecos B FederalChaves County, NM0 BBLs245 MCFJul 2025
Pennzoil SG State ComChaves County, NM0 BBLs1,354 MCFJul 2025
Rita TZ FederalChaves County, NM0 BBLs3,349 MCFJul 2025
Ruby Jo AtyChaves County, NM0 BBLs1,458 MCFJul 2025
Skink SK StateChaves County, NM0 BBLs2,444 MCFJul 2025
Sun FederalChaves County, NM0 BBLs1,286 MCFJul 2025
Value BCV State ComChaves County, NM0 BBLs2,914 MCFJul 2025

Companies in the Area

These are the closest 18 companies operating near the Salem property.

Company Name
Armstrong Energy Corporation
Chesapeake Operating, Inc.
Eland Energy Inc
Elk Oil Company
EOG Resources, Inc.
EOG Y Resources Inc
Harvard Petroleum Company, LLC
Iacx Production LLC
J R Oil, LTD. Co.
LLJ Ventures, LLC Dba Marker Oil & Gas
M E W Enterprise
McKay Oil Corp
Mewbourne Oil Company
N Dale Nichols
Onshore Royalties LLC
Roger Slayton Dba Escudilla Oil Company
Solis Partners, L.L.C.
Warren E & P Inc