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 - May 2025
Total Oil Production320,450 BBLs
Total Gas Production850,655 MCF
Recent Oil Production448 BBLs in May 2025
Recent Gas Production2,275 MCF in May 2025
Wells on Property8

Our Valuation Estimates for Gaines 2

ShaleAssessment™

$15,139 *

MarketMultiple™

$63,869 **

* 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 May 2025

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, NM61,295 BBLs671,948 MCFMay 2025
Coyote 21Eddy County, NM251 BBLs178 MCFMay 2025
Garrett State ComEddy County, NM3,683 BBLs41,490 MCFMay 2025
Guacamole CC 24 23 FederalEddy County, NM792 BBLs33,281 MCFMay 2025
H Buck StateEddy County, NM347 BBLs8,248 MCFMay 2025
HarrounEddy County, NM2,084 BBLs20,683 MCFMay 2025
Heads CC 9 4 Federal ComEddy County, NM74,658 BBLs660,385 MCFMay 2025
Jackal 22 FederalEddy County, NM0 BBLs0 MCFSep 2019
Mitchell 21 FederalEddy County, NM0 BBLs0 MCFJun 2018
Morgan Fee ComEddy County, NM348 BBLs529 MCFMay 2025
Owen Mesa 2Eddy County, NM0 BBLs0 MCFDec 2019
Oxbow CC 17 8 Federal ComEddy County, NM55,579 BBLs450,783 MCFMay 2025
Queen LakeEddy County, NM249 BBLs0 MCFMay 2025
Refried Beans CC 15 16 State ComEddy County, NM1,723 BBLs45,915 MCFMay 2025
RiverbendEddy County, NM0 BBLs0 MCFMar 2021
Salt Flat CC 20 29 Federal ComEddy County, NM29,438 BBLs397,662 MCFMay 2025
Vagabond CC 8 17 Federal ComEddy County, NM5,544 BBLs28,500 MCFMay 2025
Vortec 2Eddy County, NM0 BBLs164 MCFMay 2025
Whomping Willow CC 15 16 State ComEddy County, NM1,855 BBLs17,055 MCFMay 2025
Yvonne 21 FederalEddy County, NM346 BBLs487 MCFMay 2025

Companies in the Area

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

Company Name
3R Operating , LLC
BK Exploration Corp
Chesapeake Operating, Inc.
Chevron USA Inc
COG Operating LLC
COG Production LLC
Devon Energy Production Co
Devon Energy Production Company LP
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.