Gulf State

Oil Property in Eddy County, NM

Property Summary

Key data points for Gulf State

CountyEddy County, NM
OperatorSAMUEL DALE HUGHES DBA HUGHES DRILLING CO.
Production DatesJan 1993 - Oct 2025
Total Oil Production15,854 BBLs
Total Gas Production0 MCF
Recent Oil Production36 BBLs in Oct 2025
Recent Gas Production0 MCF in Oct 2025
Wells on Property4

Our Valuation Estimates for Gulf State

ShaleAssessment

$497 *

MarketMultiple

$4,242 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gulf State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gulf State
from Jan 1993 to Oct 2025

Wells on Gulf State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-01496GULF STATE 001SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.826279-104.162735
30-015-01497GULF STATE 002SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.826267-104.164635
30-015-01498GULF STATE 003SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.824364-104.166840
30-015-25115GULF STATE 004SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.824493-104.164795

Leases included in Gulf State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
316066GULF STATESAMUEL DALE HUGHES DBA HUGHES DRILLING CO.Eddy County, NM

Nearby Properties

These are the closest 20 properties to the Gulf State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlantic StateEddy County, NM34 BBLs0 MCFOct 2025
Aztec FederalEddy County, NM0 BBLs0 MCFDec 2020
CamilleEddy County, NM0 BBLs0 MCFDec 2021
Collier StateEddy County, NM0 BBLs0 MCFJun 2025
FederalEddy County, NM0 BBLs0 MCFJun 2021
Gulf FlussEddy County, NM26 BBLs0 MCFOct 2025
Malco 23 Federal ComEddy County, NM15,620 BBLs30,239 MCFOct 2025
Maracas 22 StateEddy County, NM15 BBLs3,194 MCFOct 2025
Mayaro 22 StateEddy County, NM28,644 BBLs60,510 MCFOct 2025
Moncrief StateEddy County, NM694 BBLs5,857 MCFOct 2025
Oxy Pib FederalEddy County, NM0 BBLs7,027 MCFOct 2025
Phillips Balding StateEddy County, NM9 BBLs0 MCFOct 2025
Pure FederalEddy County, NM322 BBLs948 MCFOct 2025
Roo 22 StateEddy County, NM0 BBLs1,561 MCFOct 2025
SedonaEddy County, NM93 BBLs651 MCFOct 2025
Sierra Nevada 23 State ComEddy County, NM16,534 BBLs28,682 MCFOct 2025
Spurck 1Eddy County, NM0 BBLs12,407 MCFOct 2025
StateEddy County, NM0 BBLs3,163 MCFOct 2025
Tumak FederalEddy County, NM1 BBLs290 MCFOct 2025
ZaitEddy County, NM0 BBLs0 MCFJun 2022