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 - Apr 2026
Total Oil Production324,542 BBLs
Total Gas Production865,094 MCF
Recent Oil Production436 BBLs in Mar 2026
Recent Gas Production821 MCF in Mar 2026
Wells on Property8

Our Valuation Estimates for Gaines 2

ShaleAssessment™

$13,097 *

MarketMultiple™

$46,151 **

* 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 Apr 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, NM49,827 BBLs555,408 MCFApr 2026
Coyote 21Eddy County, NM257 BBLs38 MCFApr 2026
Garrett State ComEddy County, NM3,725 BBLs43,351 MCFMar 2026
Guacamole CC 24 23 FederalEddy County, NM468 BBLs815 MCFApr 2026
H Buck StateEddy County, NM248 BBLs5,599 MCFApr 2026
HarrounEddy County, NM1,571 BBLs15,125 MCFApr 2026
Jackal 22 FederalEddy County, NM0 BBLs0 MCFSep 2019
Mitchell 21 FederalEddy County, NM0 BBLs0 MCFJun 2018
Morgan Fee ComEddy County, NM324 BBLs3,123 MCFApr 2026
Owen Mesa 2Eddy County, NM0 BBLs0 MCFNov 2019
Oxbow CC 17 8 Federal ComEddy County, NM42,779 BBLs360,083 MCFApr 2026
Queen LakeEddy County, NM117 BBLs0 MCFMar 2026
Refried Beans CC 15 16 State ComEddy County, NM1,593 BBLs40,526 MCFApr 2026
RiverbendEddy County, NM0 BBLs0 MCFMar 2021
Salt Flat CC 20 29 Federal ComEddy County, NM23,502 BBLs281,420 MCFApr 2026
Soro CC 19 30 Federal Com 0Eddy County, NM62,673 BBLs575,844 MCFApr 2026
Vagabond CC 8 17 Federal ComEddy County, NM7,242 BBLs27,903 MCFApr 2026
Vortec 2Eddy County, NM158 BBLs1,569 MCFApr 2026
Whomping Willow CC 15 16 State ComEddy County, NM1,726 BBLs15,469 MCFApr 2026
Yvonne 21 FederalEddy County, NM228 BBLs33 MCFApr 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.