State

Oil & Gas Property in Chaves County, NM

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Property Summary

Key data points for State

Counties	Chaves County, NM Roosevelt County, NM
Production Dates	Jan 1993 - Jul 2025
Total Oil Production	442,817 BBLs
Total Gas Production	890,490 MCF
Recent Oil Production	7,815 BBLs in Jul 2025
Recent Gas Production	20,376 MCF in Jul 2025
Wells on Property	47

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$1,189,079 **

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

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property

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to oil and gas production for State
from Jan 1993 to Jul 2025

Wells on State

API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
30-005-10236	STATE I 001	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.654810	-103.577410
30-005-10240	STATE 5-8-33 001	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.654690	-103.586080
30-005-10409	STATE 5-8-33 002	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.655210	-103.581650
30-005-10434	STATE 5 A 001	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.655100	-103.590390
30-005-10435	STATE 5 A 002	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.655090	-103.594690
30-005-10439	STATE I 002	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651180	-103.577410
30-005-10444	STATE 6 001	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.655090	-103.611890
30-005-10451	STATE 6 002	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651360	-103.611920
30-005-10457	STATE 6 004	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647710	-103.611840
30-005-10470	STATE 6 006	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651330	-103.607790
30-005-10481	STATE 6 007	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651470	-103.603480
30-005-20285	STATE I 003	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647660	-103.573090
30-005-20534	STATE 6 010	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647810	-103.603400
30-005-20535	STATE 5-8-33 006	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651520	-103.581710
30-005-20536	STATE 5-8-33 007	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651500	-103.594780
30-005-20537	STATE 5-8-33 009	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647920	-103.585660
30-005-20547	STATE 5-8-33 004	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651650	-103.590250
30-005-20548	STATE 5-8-33 005	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.651680	-103.585740
30-005-20550	STATE 5-8-33 003	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647950	-103.594380
30-005-20551	STATE 5-8-33 008	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647880	-103.590070
30-005-20552	STATE 5-8-33 010	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647930	-103.581280
30-005-20562	STATE 5-8-33 014	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.644280	-103.594470
30-005-20563	STATE 5-8-33 011	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.644260	-103.581370
30-005-20565	STATE 5-8-33 013	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.644300	-103.590190
30-005-20567	STATE 6 011	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.652230	-103.598010
30-005-20570	STATE 6 012	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.648620	-103.598140
30-005-20589	STATE 6 014	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.644080	-103.603540
30-005-20590	STATE I 004	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.647600	-103.577420
30-005-29224	STATE COM 402H	RIDGEWAY ARIZONA OIL CORP.	Active	Chaves County, NM				33.639773	-103.574732
30-005-29225	STATE COM 403H	RIDGEWAY ARIZONA OIL CORP.	New	Chaves County, NM				33.639773	-103.574732
30-005-29227	STATE 502H	RIDGEWAY ARIZONA OIL CORP.	New	Chaves County, NM				33.644226	-103.588448
30-005-29228	STATE 503H	RIDGEWAY ARIZONA OIL CORP.	New	Chaves County, NM				33.644226	-103.588316
30-005-29229	STATE 504H	RIDGEWAY ARIZONA OIL CORP.	New	Chaves County, NM				33.644226	-103.588185
30-005-29236	STATE 401H	HADAWAY CONSULTING AND ENGINEERING, LLC	New	Chaves County, NM				33.643335	-103.578532
30-041-10023	STATE 32-7-33 UNIT 010	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.669800	-103.590300
30-041-10024	STATE 32-7-33 UNIT 011	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.665640	-103.581700
30-041-10025	STATE 32-7-33 UNIT 012	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.665990	-103.585700
30-041-10031	STATE 32-7-33 UNIT 003	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.662380	-103.581700
30-041-10033	STATE 32-7-33 UNIT 005	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.662410	-103.585640
30-041-10035	STATE 32-7-33 UNIT 006	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.658720	-103.585670
30-041-10442	STATE 32-7-33 UNIT 007	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.658810	-103.590460
30-041-10580	STATE CVB 001	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.658500	-103.599140
30-041-10604	STATE CVB 002	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.658580	-103.603530
30-041-10623	STATE CVB 003	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.662180	-103.603460
30-041-20002	STATE D 001	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.658490	-103.607610
30-041-20418	STATE 32-7-33 UNIT 014	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.658650	-103.594830
30-041-20426	STATE 32-7-33 UNIT 015	RIDGEWAY ARIZONA OIL CORP.	Active	Roosevelt County, NM				33.662200	-103.594780

Leases included in State

Lease #	Lease Name	Operator	County
303396	STATE 32-7-33 UNIT	RIDGEWAY ARIZONA OIL CORP.	Roosevelt County, NM
303397	STATE 5 A	RIDGEWAY ARIZONA OIL CORP.	Chaves County, NM
303398	STATE 5-8-33	RIDGEWAY ARIZONA OIL CORP.	Chaves County, NM
303399	STATE 6	RIDGEWAY ARIZONA OIL CORP.	Chaves County, NM
303401	STATE D	RIDGEWAY ARIZONA OIL CORP.	Roosevelt County, NM
303402	STATE I	RIDGEWAY ARIZONA OIL CORP.	Chaves County, NM
306034	STATE CVB	RIDGEWAY ARIZONA OIL CORP.	Roosevelt County, NM
331682	STATE COM	RIDGEWAY ARIZONA OIL CORP.	Chaves County, NM
333841	STATE	HADAWAY CONSULTING AND ENGINEERING, LLC	Chaves County, NM
335212	STATE	RIDGEWAY ARIZONA OIL CORP.	Chaves County, NM

Operators Associated With State

Ridgeway Arizona Oil Corp.

Hadaway Consulting And Engineering LLC

Nearby Properties

These are the closest 20 properties to the State property.

Property Name	Location	Oil Prod.	Gas Prod.	Prod. Period
Anderson State	Roosevelt County, NM	0 BBLs	0 MCF	Mar 2015
Chaveroo	Chaves County, NM	279 BBLs	0 MCF	Jul 2025
Chaves	Chaves County, NM	0 BBLs	0 MCF	Sep 2019
Conoco	Chaves County, NM	0 BBLs	0 MCF	Apr 2020
Davis N	Chaves County, NM	387 BBLs	0 MCF	Jul 2025
Farrell Federal	Roosevelt County, NM	0 BBLs	0 MCF	Jul 2006
Haley Chaveroo Sa Unit	Chaves County, NM	2,930 BBLs	4,855 MCF	Jul 2025
Hondo State	Roosevelt County, NM	0 BBLs	0 MCF	May 2008
Humble Federal	Roosevelt County, NM	0 BBLs	0 MCF	Oct 2019
Humble Tucker	Roosevelt County, NM	52 BBLs	0 MCF	Jul 2025
James McFarla	Roosevelt County, NM	0 BBLs	0 MCF	Apr 2008
KM Chaveroo Sa	Chaves County, NM	1,018 BBLs	1,942 MCF	Jul 2025
KMS 00	Roosevelt County, NM	0 BBLs	0 MCF	Mar 2015
Lauck Federal	Roosevelt County, NM	0 BBLs	0 MCF	Sep 2010
Levick	Chaves County, NM	0 BBLs	0 MCF	Dec 2019
Morgan A Federal	Roosevelt County, NM	0 BBLs	0 MCF	Dec 2014
New Mexico B	Chaves County, NM	0 BBLs	0 MCF	Apr 2023
Signal State	Chaves County, NM	0 BBLs	0 MCF	Dec 2010
TKL 22 Federal	Roosevelt County, NM	0 BBLs	0 MCF	Feb 2009
Tucker	Roosevelt County, NM	48 BBLs	0 MCF	Jul 2025

Companies in the Area

These are the closest 20 companies operating near the State property.

Company Name
Cambrian Management LTD
Chaveroo Operating Co Inc
DKD Production, LLC
Dugan Production Corp
Endeavor Energy Resources, LP
Extex Operating Company
Judah Oil LLC
M&M Oil, LLC
Milford Oil Co
Mulloy Operating, Inc.
MWJ Producing Company
Nadel And Gussman Permian,L.L.C.
Orbit Petroleum, Inc.
Penroc Oil Corp.
Permian Resources, Inc.
Phillips Petroleum Company
Rhonda Operating Company
Ridgeway Arizona Oil Corp.
TKL Oil Properties Inc
XTO Energy Inc.