Oil & Gas Property in Lea County, NM
Key data points for Airstrip 31
County | Lea County, NM |
---|---|
Operator | MATADOR PRODUCTION COMPANY |
Production Dates | Jan 2017 - May 2025 |
Total Oil Production | 1,693,360 BBLs |
Total Gas Production | 1,221,615 MCF |
Recent Oil Production | 8,812 BBLs in May 2025 |
Recent Gas Production | 7,529 MCF in May 2025 |
Wells on Property | 10 |
Our Valuation Estimates for Airstrip 31
ShaleAssessment™
$8,153 *
MarketMultiple™
$729,724 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Airstrip 31 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Aircobra 12 State | Lea County, NM | 1,157 BBLs | 878 MCF | May 2025 |
Airstrip | Lea County, NM | 1,164 BBLs | 571 MCF | May 2025 |
Airstrip 6 State Com 00 | Lea County, NM | 1,700 BBLs | 757 MCF | May 2025 |
Butter Cup 3 | Lea County, NM | 1,974 BBLs | 2,986 MCF | May 2025 |
Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
Foxtail State Com | Lea County, NM | 101,121 BBLs | 96,304 MCF | May 2025 |
Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
King Cobra 2 State | Lea County, NM | 1,828 BBLs | 2,002 MCF | May 2025 |
Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
Merit 6 Eh State Com | Lea County, NM | 953 BBLs | 461 MCF | May 2025 |
New Mexico DD State | Lea County, NM | 5 BBLs | 0 MCF | May 2025 |
Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
Rambo E2 08 17 State Com | Lea County, NM | 1,355 BBLs | 306 MCF | May 2025 |
Satellite State Com | Lea County, NM | 126,448 BBLs | 156,790 MCF | May 2025 |
Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
Tin Cup 36 State Com | Lea County, NM | 464 BBLs | 496 MCF | May 2025 |
Tomcat Fee | Lea County, NM | 739 BBLs | 216 MCF | May 2025 |
Wild Cobra 1 State | Lea County, NM | 1,326 BBLs | 1,212 MCF | May 2025 |
These are the closest 20 companies operating near the Airstrip 31 property.