Gates Federal

Oil & Gas Property in Eddy County, NM

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

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Property Summary

Key data points for Gates Federal

CountyEddy County, NM
Production DatesJan 1993 - Oct 2025
Total Oil Production17,719 BBLs
Total Gas Production44,586 MCF
Recent Oil Production49 BBLs in Sep 2025
Recent Gas Production3 MCF in Sep 2025
Wells on Property5

Our Valuation Estimates for Gates Federal

ShaleAssessment™

Not Available

MarketMultiple™

$3,134 **

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

Based on a decimal interest

Gates Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gates Federal
from Jan 1993 to Oct 2025

Wells on Gates Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-04515GATES FEDERAL 002C E LARUE & B M MUNCY JRPluggedEddy County, NM32.744762-103.960884
30-015-04517GATES FEDERAL 001CFM OIL, LLCActiveEddy County, NM32.741135-103.960884
30-015-04548GATES FEDERAL 004CFM OIL, LLCReclamation Fund ApprovedEddy County, NM32.717560-103.950172
30-015-23050GATES FEDERAL 005CFM OIL, LLCActiveEddy County, NM32.739319-103.960884
30-015-26598GATES FEDERAL 006RAY WESTALL OPERATING, INC.ActiveEddy County, NM32.697620-103.952339

Leases included in Gates Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
309394GATES FEDERALCFM OIL, LLCEddy County, NM
313229GATES FEDERALRAY WESTALL OPERATING, INC.Eddy County, NM
5688GATES FEDERALC E LARUE & B M MUNCY JREddy County, NM

Operators Associated With Gates Federal

Nearby Properties

These are the closest 20 properties to the Gates Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Benson Shugart Waterflood UnitEddy County, NM548 BBLs0 MCFSep 2025
BradleyEddy County, NM1,525 BBLs6,485 MCFSep 2025
Creek Al FederalEddy County, NM459 BBLs12 MCFOct 2025
Dorado 34 Da Federal ComEddy County, NM270 BBLs1,828 MCFSep 2025
Dorado 34 Eh Federal ComEddy County, NM295 BBLs1,391 MCFSep 2025
FeatherstoneEddy County, NM155 BBLs6 MCFOct 2025
FederalEddy County, NM22 BBLs3 MCFOct 2025
Hurl StateEddy County, NM0 BBLs0 MCFMay 2021
Ivore 35 Federal ComEddy County, NM1,094 BBLs3,118 MCFSep 2025
Leo 15 B2DH Federal ComEddy County, NM259 BBLs2,613 MCFSep 2025
Leo 15 B2DN Federal ComEddy County, NM1,005 BBLs3,655 MCFSep 2025
Leo 15 B2DP Federal ComEddy County, NM168 BBLs4,551 MCFSep 2025
Leo 15 Da Federal ComEddy County, NM2,346 BBLs2,680 MCFSep 2025
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
North Benson Queen UnitEddy County, NM278 BBLs0 MCFSep 2025
Oxy Misty FederalEddy County, NM0 BBLs0 MCFDec 2021
Phoenix 21 22 B2Eddy County, NM13,185 BBLs96,211 MCFSep 2025
Ursa 27 B2eh Federal ComEddy County, NM587 BBLs2,239 MCFSep 2025
Ursa 27 B2il Federal ComEddy County, NM528 BBLs3,431 MCFSep 2025
Ursa 27 Federal ComEddy County, NM713 BBLs2,737 MCFSep 2025

Companies in the Area

These are the closest 20 companies operating near the Gates Federal property.

Company Name
Arena Resources Inc
COG Operating LLC
EOG Resources Inc
EOG Y Resources Inc
Jack D Knox
K&M Resources LLC
Linn Operating, LLC
Manzano Oil Corporation
Maverick Permian LLC
Merit Energy Company, LLC
Mewbourne Oil Company
Oleum Energy LLC
Oso Perdido Services LLC
Oxy USA WTP Limited Partnership
Permian Resources Operating, LLC
Raptor Resources, Inc.
Ray Westall Operating, Inc.
Sandridge Exploration And Production LLC
SDX Resources, Inc.
United Resources LP A Texas LMTD PRNTSHP