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 - Mar 2026
Total Oil Production17,918 BBLs
Total Gas Production44,588 MCF
Recent Oil Production50 BBLs in Mar 2026
Recent Gas Production2 MCF in Mar 2026
Wells on Property5

Our Valuation Estimates for Gates Federal

ShaleAssessment™

Not Available

MarketMultiple™

$2,904 **

* 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 Mar 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, NM524 BBLs57 MCFMar 2026
BradleyEddy County, NM1,445 BBLs3,966 MCFMar 2026
Bradley 29 Federal ComEddy County, NM652 BBLs2,781 MCFMar 2026
Creek Al FederalEddy County, NM115 BBLs0 MCFMar 2026
Dorado 34 Da Federal ComEddy County, NM459 BBLs1,620 MCFMar 2026
FeatherstoneEddy County, NM192 BBLs6 MCFMar 2026
FederalEddy County, NM11 BBLs2 MCFMar 2026
Hurl StateEddy County, NM0 BBLs0 MCFMar 2021
Ivore 35 Federal ComEddy County, NM440 BBLs2,877 MCFMar 2026
Leo 15 B2DH Federal ComEddy County, NM545 BBLs3,410 MCFMar 2026
Leo 15 B2DN Federal ComEddy County, NM778 BBLs3,976 MCFMar 2026
Leo 15 Da Federal ComEddy County, NM475 BBLs727 MCFMar 2026
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
North Benson Queen UnitEddy County, NM249 BBLs0 MCFMar 2026
Oxy Misty FederalEddy County, NM0 BBLs0 MCFDec 2021
Phoenix 21 22 B2Eddy County, NM14,232 BBLs79,562 MCFMar 2026
Ritz FederalEddy County, NM4 BBLs4 MCFMar 2026
Ursa 27 B2eh Federal ComEddy County, NM998 BBLs4,902 MCFMar 2026
Ursa 27 B2il Federal ComEddy County, NM557 BBLs1,743 MCFMar 2026
Ursa 27 Federal ComEddy County, NM712 BBLs4,975 MCFMar 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
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
NSP Resources, 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