Oil & Gas Property in Lea County, NM
Key data points for Ares 4 State
| County | Lea County, NM |
|---|---|
| Operator | EOG RESOURCES, INC. |
| Production Dates | Oct 2017 - Jul 2025 |
| Total Oil Production | 2,551,036 BBLs |
| Total Gas Production | 11,459,730 MCF |
| Recent Oil Production | 6,989 BBLs in Jul 2025 |
| Recent Gas Production | 59,264 MCF in Jul 2025 |
| Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$119,162 *
MarketMultiple™
$1,333,485 **
* 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 Ares 4 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Action Bti State Com | Lea County, NM | 3,055 BBLs | 2,517 MCF | Jul 2025 |
| Atoka Bank BDJ State Com | Lea County, NM | 3,636 BBLs | 11,715 MCF | Jul 2025 |
| Brininstool 4 State | Lea County, NM | 4,386 BBLs | 5,380 MCF | Aug 2025 |
| Cabo Blanco State | Lea County, NM | 4,974 BBLs | 38,574 MCF | Aug 2025 |
| Charles Ling | Lea County, NM | 105,585 BBLs | 426,863 MCF | Jul 2025 |
| Eata Fajita | Lea County, NM | 24,598 BBLs | 162,044 MCF | Aug 2025 |
| Enron 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Hemlock 32 State | Lea County, NM | 11,384 BBLs | 152,426 MCF | Jul 2025 |
| Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Macho State | Lea County, NM | 767 BBLs | 879 MCF | Aug 2025 |
| Mars 10 State | Lea County, NM | 2,267 BBLs | 4,102 MCF | Jul 2025 |
| Mars 3 State | Lea County, NM | 2,019 BBLs | 10,957 MCF | Jul 2025 |
| Mogi 9 State Com | Lea County, NM | 11,393 BBLs | 19,308 MCF | Aug 2025 |
| Neptune 10 State Com | Lea County, NM | 95,340 BBLs | 815,504 MCF | Jul 2025 |
| Poseidon State Com | Lea County, NM | 39,745 BBLs | 613,982 MCF | Aug 2025 |
| Sea Snake 35 State | Lea County, NM | 3,876 BBLs | 65,229 MCF | Aug 2025 |
| Trucker BRK State | Lea County, NM | 433 BBLs | 636 MCF | Jul 2025 |
| Yarrow 32 State | Lea County, NM | 8,592 BBLs | 149,102 MCF | Jul 2025 |
| Zeus 24 | Lea County, NM | 4,439 BBLs | 97,777 MCF | Aug 2025 |
| Zeus State | Lea County, NM | 2,672 BBLs | 66,899 MCF | Aug 2025 |
These are the closest 20 companies operating near the Ares 4 State property.