Gaines 2

Oil & Gas Property in Eddy County, NM

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

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Property Summary

Key data points for Gaines 2

CountyEddy County, NM
Production DatesDec 1995 - Feb 2026
Total Oil Production323,776 BBLs
Total Gas Production863,921 MCF
Recent Oil Production350 BBLs in Feb 2026
Recent Gas Production588 MCF in Feb 2026
Wells on Property8

Our Valuation Estimates for Gaines 2

ShaleAssessment™

$13,425 *

MarketMultiple™

$49,901 **

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

Based on a decimal interest

Gaines 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gaines 2
from Dec 1995 to Feb 2026

Wells on Gaines 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-28638GAINES 21 001OXY USA INCActiveEddy County, NM32.198448-103.986237
30-015-28688GAINES 21 002POGO PRODUCING COCancelledEddy County, NM32.198430-103.990546
30-015-28816GAINES 21 004OXY USA INCPlugged (Not Released)Eddy County, NM32.197548-103.983040
30-015-28819GAINES 28 005OXY USA INCPlugged (Not Released)Eddy County, NM32.194820-103.986252
30-015-29420GAINES 28 002OXY USA INCPlugged (Not Released)Eddy County, NM32.194828-103.983048
30-015-34797GAINES 21 005COXY USA INCCancelledEddy County, NM32.196635-103.981981
30-015-35186GAINES 22 FEDERAL 001OXY USA INCActiveEddy County, NM32.197987-103.977707
30-015-35353GAINES 28 COM 001OXY USA INCPluggedEddy County, NM32.192658-103.982643

Leases included in Gaines 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
17563GAINES 21POGO PRODUCING COEddy County, NM
304830GAINES 21OXY USA INCEddy County, NM
304831GAINES 22 FEDERALOXY USA INCEddy County, NM
304832GAINES 28OXY USA INCEddy County, NM
304833GAINES 28 COMOXY USA INCEddy County, NM

Operators Associated With Gaines 2

Nearby Properties

These are the closest 20 properties to the Gaines 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cedar CanyonEddy County, NM52,592 BBLs423,670 MCFFeb 2026
Coyote 21Eddy County, NM171 BBLs18 MCFFeb 2026
Garrett State ComEddy County, NM3,279 BBLs42,507 MCFFeb 2026
Guacamole CC 24 23 FederalEddy County, NM0 BBLs1,815 MCFFeb 2026
H Buck StateEddy County, NM255 BBLs3,332 MCFFeb 2026
HarrounEddy County, NM2,029 BBLs12,096 MCFFeb 2026
Jackal 22 FederalEddy County, NM0 BBLs0 MCFSep 2019
Mitchell 21 FederalEddy County, NM0 BBLs0 MCFJun 2018
Morgan Fee ComEddy County, NM366 BBLs1,972 MCFFeb 2026
Owen Mesa 2Eddy County, NM0 BBLs0 MCFNov 2019
Oxbow CC 17 8 Federal ComEddy County, NM40,484 BBLs330,756 MCFFeb 2026
Queen LakeEddy County, NM133 BBLs0 MCFFeb 2026
Refried Beans CC 15 16 State ComEddy County, NM1,756 BBLs19,041 MCFFeb 2026
RiverbendEddy County, NM0 BBLs0 MCFMar 2021
Salt Flat CC 20 29 Federal ComEddy County, NM22,440 BBLs263,266 MCFFeb 2026
Soro CC 19 30 Federal Com 0Eddy County, NM65,482 BBLs421,287 MCFFeb 2026
Vagabond CC 8 17 Federal ComEddy County, NM6,300 BBLs28,119 MCFFeb 2026
Vortec 2Eddy County, NM86 BBLs1,759 MCFFeb 2026
Whomping Willow CC 15 16 State ComEddy County, NM1,782 BBLs6,755 MCFFeb 2026
Yvonne 21 FederalEddy County, NM212 BBLs243 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Gaines 2 property.

Company Name
3R Operating , LLC
BK Exploration Corporation
Chesapeake Operating, Inc.
Chevron USA Inc
COG Operating LLC
COG Production LLC
Devon Energy Production Co
Devon Energy Production Company, L.P.
EOG Resources Inc
EOG Y Resources Inc
Judah Oil LLC
Matador Production Company
Mewbourne Oil Company
Occidental Permian LTD.
Oxy USA Inc
Oxy USA WTP Limited Partnership
Penwell Energy, Inc.
Pogo Producing Company
Shackelford Oil Co
SMC Oil & Gas, Inc.