Airstrip 31

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Airstrip 31 Oil & Gas Property

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Property Summary

Key data points for Airstrip 31

CountyLea County, NM
OperatorMATADOR PRODUCTION COMPANY
Production DatesJan 2017 - Jun 2025
Total Oil Production1,702,534 BBLs
Total Gas Production1,229,766 MCF
Recent Oil Production9,174 BBLs in Jun 2025
Recent Gas Production8,151 MCF in Jun 2025
Wells on Property10

Our Valuation Estimates for Airstrip 31

ShaleAssessment™

$8,085 *

MarketMultiple™

$767,188 **

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

Based on a decimal interest

Airstrip 31 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Airstrip 31
from Jan 2017 to Jun 2025

Wells on Airstrip 31

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41678AIRSTRIP 31 18 35 RN STATE COM 201CMATADOR PRODUCTION COMPANYCancelledLea County, NM32.697475-103.504234
30-025-41699AIRSTRIP 31 STATE COM 005CMATADOR PRODUCTION COMPANYCancelledLea County, NM32.697414-103.490387
30-025-43395AIRSTRIP 31 18 35 RN STATE COM 201HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697267-103.503658
30-025-43816AIRSTRIP 31 18 35 RN STATE COM 132HMATADOR PRODUCTION COMPANYActiveLea County, NM32.699302-103.499904
30-025-44323AIRSTRIP 31 18 35 RN STATE COM 133HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697466-103.495662
30-025-44509AIRSTRIP 31 18 35 RN STATE COM 131HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697556-103.504150
30-025-45025AIRSTRIP 31 18 35 RN STATE COM 111HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697557-103.504248
30-025-45436AIRSTRIP 31 18 35 RN STATE COM 114HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697772-103.491007
30-025-45437AIRSTRIP 31 18 35 RN STATE COM 124HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697855-103.491007
30-025-45438AIRSTRIP 31 18 35 RN STATE COM 134HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697855-103.491104

Leases included in Airstrip 31

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
314818AIRSTRIP 31 18 35 RN STATE COMMATADOR PRODUCTION COMPANYLea County, NM

Nearby Properties

These are the closest 20 properties to the Airstrip 31 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM1,345 BBLs1,306 MCFJun 2025
AirstripLea County, NM359 BBLs176 MCFJun 2025
Airstrip 6 State Com 00Lea County, NM1,868 BBLs490 MCFJun 2025
Butter Cup 3Lea County, NM398 BBLs3,039 MCFJun 2025
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
Foxtail State ComLea County, NM88,157 BBLs100,267 MCFJun 2025
Hibiscus 08 19 35 RN State ComLea County, NM601 BBLs605 MCFJun 2025
Jackson 5Lea County, NM0 BBLs0 MCFOct 2018
King Cobra 2 StateLea County, NM1,990 BBLs2,383 MCFJun 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Merit 6 Eh State ComLea County, NM680 BBLs425 MCFJun 2025
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
Rambo E2 08 17 State ComLea County, NM9,686 BBLs8,368 MCFJun 2025
Satellite State ComLea County, NM132,701 BBLs141,961 MCFJun 2025
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM380 BBLs653 MCFJun 2025
Tomcat FeeLea County, NM494 BBLs15 MCFJun 2025
Wild Cobra 1 StateLea County, NM1,443 BBLs1,246 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Airstrip 31 property.

Company Name
BXP Operating, LLC
COG Operating LLC
Coterra Energy Operating E LLC
Dallas Production
Devon Energy Production Company LP
Elk Oil Company
G And C Operating, LLC
J & G Enterprise LTD., Co.
Linn Operating LLC
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
McElvain Energy Inc
Mewbourne Oil Company
O'Neil Properties LTD
Oleum Energy LLC
Read & Stevens, Inc.
Southland Royalty Company
Sundown Energy LP
Yates Energy Corporation

Frac'ing activity on Airstrip 31

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-43395AIRSTRIP 31 18 35 RN STATE COM 201H
30-025-43816AIRSTRIP 31 18 RN STATE COM 132H
30-025-44323Airstrip State Com 133H
30-025-44509AIRSTRIP 31 18 35 RN STATE COM 131H
30-025-45025AIRSTRIP 31-18-35 RN STATE COM 111H
30-025-45436AIRSTRIP 31-18-35 RN STATE COM 114H
30-025-45437AIRSTRIP 31-18-35 RN STATE COM 124H
30-025-45438AIRSTRIP 31-18-35 RN STATE COM 134H