Alpha State Com

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Alpha State Com Oil & Gas Property

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Property Summary

Key data points for Alpha State Com

County,
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesDec 2023 - Mar 2025
Total Oil Production453,901 BBLs
Total Gas Production299,483 MCF
Recent Oil Production137,523 BBLs in Mar 2025
Recent Gas Production90,792 MCF in Mar 2025
Wells on Property20

Our Valuation Estimates for Alpha State Com

ShaleAssessment™

Not Available

MarketMultiple™

$1,783,876 **

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

Based on a decimal interest

Alpha State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Alpha State Com
from Dec 2023 to Mar 2025

Wells on Alpha State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
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Leases included in Alpha State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
334693ALPHA STATE COMFranklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Alpha State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Airstrip 6 State Com 00Lea County, NM1,625 BBLs573 MCFMar 2025
Cable 19 35Lea County, NM1,145 BBLs679 MCFMar 2025
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
Eagle State ComLea County, NM20,716 BBLs18,864 MCFMar 2025
ElkanLea County, NM0 BBLs0 MCFMar 1996
Foxtail State ComLea County, NM133,918 BBLs89,806 MCFMar 2025
Gateway 2 StateLea County, NM181 BBLs153 MCFMar 2025
Hibiscus 08 19 35 RN State ComLea County, NM978 BBLs1,698 MCFMar 2025
Ironhouse 3Lea County, NM0 BBLs0 MCFSep 2024
Jackson 5Lea County, NM0 BBLs0 MCFOct 2018
New Mexico DD StateLea County, NM69 BBLs0 MCFMar 2025
Norte State ComLea County, NM4,013 BBLs2,975 MCFMar 2025
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Pearl StateLea County, NM0 BBLs0 MCFSep 2012
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
Rambo E2 08 17 State ComLea County, NM2,032 BBLs885 MCFMar 2025
ScharbLea County, NM0 BBLs0 MCFJun 2021
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
Sprinkle FederalLea County, NM0 BBLs0 MCFMar 2007
Vacuum StateLea County, NM0 BBLs0 MCFApr 2007

Companies in the Area

These are the closest 0 companies operating near the Alpha State Com property.

Company Name