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 - May 2026
Total Oil Production17,999 BBLs
Total Gas Production44,594 MCF
Recent Oil Production30 BBLs in May 2026
Recent Gas Production3 MCF in May 2026
Wells on Property5

Our Valuation Estimates for Gates Federal

ShaleAssessment™

Not Available

MarketMultiple™

$3,566 **

* 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 May 2026

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, NM469 BBLs0 MCFMay 2026
BradleyEddy County, NM1,557 BBLs5,084 MCFMay 2026
Bradley 29 Federal ComEddy County, NM641 BBLs2,066 MCFMay 2026
Creek Al FederalEddy County, NM338 BBLs23 MCFMay 2026
Dorado 34 Da Federal ComEddy County, NM541 BBLs2,378 MCFMay 2026
Dorado 34 Eh Federal ComEddy County, NM261 BBLs1,283 MCFMay 2026
FeatherstoneEddy County, NM177 BBLs7 MCFMay 2026
FederalEddy County, NM79 BBLs3 MCFMay 2026
Hurl StateEddy County, NM0 BBLs0 MCFMay 2021
Ivore 35 Federal ComEddy County, NM1,045 BBLs3,578 MCFMay 2026
Leo 15 B2DN Federal ComEddy County, NM780 BBLs4,195 MCFMay 2026
Leo 15 Da Federal ComEddy County, NM2,243 BBLs4,045 MCFMay 2026
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
North Benson Queen UnitEddy County, NM352 BBLs0 MCFMay 2026
Oxy Misty FederalEddy County, NM0 BBLs0 MCFDec 2021
Oxy XIca FederalEddy County, NM0 BBLs251 MCFMay 2026
Phoenix 21 22 B2Eddy County, NM10,677 BBLs74,214 MCFMay 2026
Ritz FederalEddy County, NM4 BBLs6 MCFMay 2026
Ursa 27 B2eh Federal ComEddy County, NM303 BBLs3,164 MCFMay 2026
Ursa 27 Federal ComEddy County, NM907 BBLs2,545 MCFMay 2026

Companies in the Area

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

Company Name
Arena Resources Inc
Cameron Oil & Gas Inc
Chesapeake Operating, Inc.
COG Operating LLC
EOG Resources Inc
EOG Y Resources Inc
Jack D Knox
K&M Resources LLC
Linn Operating, LLC
Maverick Permian LLC
Merit Energy Company, LLC
Mewbourne Oil Company
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