Gates Federal

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Gates Federal

CountyEddy County, NM
Production DatesJan 1993 - Dec 2025
Total Oil Production17,795 BBLs
Total Gas Production44,590 MCF
Recent Oil Production35 BBLs in Dec 2025
Recent Gas Production2 MCF in Dec 2025
Wells on Property5

Our Valuation Estimates for Gates Federal

ShaleAssessment

Not Available

MarketMultiple

$1,943 **

* 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 Dec 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
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Ivore 35 Federal ComEddy County, NM1,115 BBLs3,569 MCFDec 2025
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Leo 15 B2DN Federal ComEddy County, NM1,025 BBLs4,193 MCFDec 2025
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Ursa 27 B2eh Federal ComEddy County, NM889 BBLs5,951 MCFDec 2025
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