Gates Federal

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Gates Federal

CountyEddy County, NM
Production DatesJan 1993 - Feb 2026
Total Oil Production17,868 BBLs
Total Gas Production44,586 MCF
Recent Oil Production49 BBLs in Feb 2026
Recent Gas Production2 MCF in Feb 2026
Wells on Property5

Our Valuation Estimates for Gates Federal

ShaleAssessment

Not Available

MarketMultiple

$2,204 **

* 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 Feb 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, NM544 BBLs0 MCFFeb 2026
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Creek Al FederalEddy County, NM292 BBLs0 MCFFeb 2026
Dorado 34 Eh Federal ComEddy County, NM282 BBLs1,160 MCFFeb 2026
FeatherstoneEddy County, NM160 BBLs4 MCFFeb 2026
FederalEddy County, NM18 BBLs2 MCFFeb 2026
Hurl StateEddy County, NM0 BBLs0 MCFMar 2021
Ivore 35 Federal ComEddy County, NM1,003 BBLs2,587 MCFFeb 2026
Leo 15 B2DH Federal ComEddy County, NM464 BBLs5,448 MCFFeb 2026
Leo 15 B2DN Federal ComEddy County, NM961 BBLs3,630 MCFFeb 2026
Leo 15 B2DP Federal ComEddy County, NM297 BBLs4,392 MCFFeb 2026
Leo 15 Da Federal ComEddy County, NM2,315 BBLs2,294 MCFFeb 2026
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
North Benson Queen UnitEddy County, NM412 BBLs0 MCFFeb 2026
Oxy Misty FederalEddy County, NM0 BBLs0 MCFDec 2021
Phoenix 21 22 B2Eddy County, NM11,267 BBLs72,530 MCFFeb 2026
Phoenix 21 NC Federal ComEddy County, NM285 BBLs535 MCFFeb 2026
Ritz FederalEddy County, NM3 BBLs4 MCFFeb 2026
Ursa 27 B2eh Federal ComEddy County, NM760 BBLs4,660 MCFFeb 2026
Ursa 27 Federal ComEddy County, NM599 BBLs3,484 MCFFeb 2026