Drag

Oil & Gas Property in Eddy County, NM

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

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Property Summary

Key data points for Drag

CountyEddy County, NM
Production DatesJan 1993 - Aug 2017
Total Oil Production6,435 BBLs
Total Gas Production146,993 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for Drag

ShaleAssessment™

$2,557 *

MarketMultiple™

Not Available

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

Based on a decimal interest

Drag Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Drag
from Jan 1993 to Aug 2017

Wells on Drag

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-20587DRAG A 001TEXAS INDEPENDENT EXPLORATION LPPluggedEddy County, NM32.310226-104.231346
30-015-20782DRAG B COM 002CHEVRON U S A INCPluggedEddy County, NM32.295658-104.231453
30-015-24454DRAG C #2 002MARATHON OIL PERMIAN LLCPluggedEddy County, NM32.285648-104.227325
30-015-33172DRAG B COM 003CHESAPEAKE OPERATING, INC.CancelledEddy County, NM32.295726-104.223025

Leases included in Drag

Lease #Lease NameOperatorCounty
11249DRAG ATEXAS INDEPENDENT EXPLORATION LPEddy County, NM
310708DRAG B COMCHEVRON U S A INCEddy County, NM
318979DRAG C #2MARATHON OIL PERMIAN LLCEddy County, NM
34095DRAG B COMCHESAPEAKE OPERATING, INC.Eddy County, NM

Operators Associated With Drag

Nearby Properties

These are the closest 20 properties to the Drag property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Air Boss 13 14 W0Eddy County, NM5,779 BBLs41,536 MCFDec 2025
Airboss 13 14 W0ad Federal ComEddy County, NM1,366 BBLs16,162 MCFDec 2025
C 17 StateEddy County, NM1,130 BBLs6,543 MCFDec 2025
Cass 16 StateEddy County, NM76 BBLs1,261 MCFDec 2025
Crossbow WC Federal ComEddy County, NM13,183 BBLs64,745 MCFDec 2025
CypressEddy County, NM1,974 BBLs19,239 MCFDec 2025
Echols ComEddy County, NM0 BBLs0 MCFSep 2025
Eddy GF StateEddy County, NM0 BBLs0 MCFOct 2009
FederalEddy County, NM0 BBLs71 MCFDec 2025
Ghostrider 25 36 WEddy County, NM2,306 BBLs19,796 MCFDec 2025
Jester 19 30 WEddy County, NM901 BBLs2,986 MCFDec 2025
Mobil 21 StateEddy County, NM0 BBLs0 MCFOct 2025
Ranch Hand 1Eddy County, NM0 BBLs498 MCFDec 2025
Slider 18 17 W0Eddy County, NM4,760 BBLs32,154 MCFDec 2025
Slider 18 Womd Federal ComEddy County, NM863 BBLs8,452 MCFDec 2025
StephensEddy County, NM0 BBLs0 MCFOct 2025
SterlingEddy County, NM1,061 BBLs5,225 MCFDec 2025
Sterling Pound 20 29 W2de State ComEddy County, NM178 BBLs3,207 MCFDec 2025
Viper 29 28 W0Eddy County, NM11,776 BBLs47,260 MCFDec 2025
Wingman 12 11Eddy County, NM7,227 BBLs51,355 MCFDec 2025

Companies in the Area

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

Company Name
3R Operating , LLC
Caza Operating, LLC
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Civitas Permian Operating, LLC
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
Earthstone Operating, LLC
Mack Energy Corporation
Marathon Oil Permian LLC
Marbob Energy Corp
Mewbourne Oil Company
North Fork Operating LP
Permian Resources Operating, LLC
Plantation Operating, LLC
Ray Westall Operating, Inc.
Raybaw Operating, LLC
WPX Energy Permian, LLC
Xeric Oil & Gas Corporation

Frac'ing activity on Drag

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-015-24454Drag C #2