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 2025
Total Oil Production17,646 BBLs
Total Gas Production44,563 MCF
Recent Oil Production14 BBLs in May 2025
Recent Gas Production3 MCF in May 2025
Wells on Property5

Our Valuation Estimates for Gates Federal

ShaleAssessment™

Not Available

MarketMultiple™

$3,782 **

* 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 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, NM436 BBLs0 MCFMay 2025
BradleyEddy County, NM1,582 BBLs7,296 MCFMay 2025
Creek Al FederalEddy County, NM110 BBLs0 MCFMay 2025
Dorado 34 Da Federal ComEddy County, NM520 BBLs1,684 MCFMay 2025
Dorado 34 Eh Federal ComEddy County, NM362 BBLs1,505 MCFMay 2025
FeatherstoneEddy County, NM171 BBLs7 MCFMay 2025
FederalEddy County, NM7 BBLs3 MCFMay 2025
Hurl StateEddy County, NM0 BBLs0 MCFMay 2021
Ivore 35 Federal ComEddy County, NM1,327 BBLs4,749 MCFMay 2025
Leo 15 B2DH Federal ComEddy County, NM549 BBLs3,936 MCFMay 2025
Leo 15 B2DN Federal ComEddy County, NM1,356 BBLs4,742 MCFMay 2025
Leo 15 B2DP Federal ComEddy County, NM424 BBLs2,630 MCFMay 2025
Leo 15 Da Federal ComEddy County, NM2,850 BBLs1,935 MCFMay 2025
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
North Benson Queen UnitEddy County, NM265 BBLs0 MCFMay 2025
Oxy Misty FederalEddy County, NM0 BBLs0 MCFDec 2021
Phoenix 21 22 B2Eddy County, NM16,463 BBLs136,377 MCFMay 2025
Ursa 27 B2eh Federal ComEddy County, NM857 BBLs3,411 MCFMay 2025
Ursa 27 B2il Federal ComEddy County, NM1,359 BBLs5,039 MCFMay 2025
Ursa 27 Federal ComEddy County, NM515 BBLs1,599 MCFMay 2025

Companies in the Area

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

Company Name
Arena Resources Inc
Chevron USA 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
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