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 2026 |
| Total Oil Production | 1,792,764 BBLs |
| Total Gas Production | 1,307,077 MCF |
| Recent Oil Production | 6,151 BBLs in May 2026 |
| Recent Gas Production | 5,811 MCF in May 2026 |
| Wells on Property | 10 |
Our Valuation Estimates for Airstrip 31
ShaleAssessment™
$6,550 *
MarketMultiple™
$1,001,024 **
* 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 | 2,411 BBLs | 1,294 MCF | May 2026 |
| Airstrip | Lea County, NM | 1,720 BBLs | 667 MCF | May 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,870 BBLs | 1,008 MCF | May 2026 |
| Butter Cup 3 | Lea County, NM | 1,419 BBLs | 1,404 MCF | May 2026 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Foxtail State Com | Lea County, NM | 39,557 BBLs | 67,465 MCF | May 2026 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| King Cobra 2 State | Lea County, NM | 2,481 BBLs | 2,647 MCF | May 2026 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Merit 6 Eh State Com | Lea County, NM | 588 BBLs | 392 MCF | May 2026 |
| Mongoose Fee | Lea County, NM | 413 BBLs | 268 MCF | May 2026 |
| 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 | 4,346 BBLs | 4,032 MCF | May 2026 |
| Satellite State Com | Lea County, NM | 69,960 BBLs | 94,654 MCF | May 2026 |
| 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 | 481 BBLs | 293 MCF | May 2026 |
| Tomcat Fee | Lea County, NM | 735 BBLs | 321 MCF | May 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,058 BBLs | 1,144 MCF | May 2026 |
These are the closest 20 companies operating near the Airstrip 31 property.