Oil & Gas Property in Lea County, NM
Key data points for Ares 4 State
County | , |
---|---|
Operator | EOG RESOURCES, INC. |
Production Dates | Oct 2017 - Mar 2025 |
Total Oil Production | 2,523,518 BBLs |
Total Gas Production | 11,205,539 MCF |
Recent Oil Production | 7,751 BBLs in Mar 2025 |
Recent Gas Production | 65,883 MCF in Mar 2025 |
Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$129,841 *
MarketMultiple™
$1,404,317 **
* 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 | 2,760 BBLs | 2,429 MCF | Mar 2025 |
Atoka Bank BDJ State Com | Lea County, NM | 4,101 BBLs | 9,537 MCF | Mar 2025 |
Boomslang 14 23 Federal | Lea County, NM | 8,623 BBLs | 36,805 MCF | Mar 2025 |
Brininstool 4 State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
Cabo Blanco State | Lea County, NM | 4,601 BBLs | 23,771 MCF | Mar 2025 |
Charles Ling | Lea County, NM | 151,408 BBLs | 494,438 MCF | Mar 2025 |
Eata Fajita | Lea County, NM | 10,647 BBLs | 139,583 MCF | Mar 2025 |
Enron 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Hemlock 32 State | Lea County, NM | 9,940 BBLs | 93,147 MCF | Mar 2025 |
Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
Macho State | Lea County, NM | 1,389 BBLs | 1,951 MCF | Mar 2025 |
Mars 10 State | Lea County, NM | 3,050 BBLs | 12,604 MCF | Mar 2025 |
Mogi 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
Neptune 10 State Com | Lea County, NM | 136,842 BBLs | 654,266 MCF | Mar 2025 |
Poseidon State Com | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
Sea Snake 35 State | Lea County, NM | 12,706 BBLs | 99,604 MCF | Mar 2025 |
Yarrow 32 State | Lea County, NM | 8,093 BBLs | 112,037 MCF | Mar 2025 |
Yarrow Bhy State | Lea County, NM | 2,892 BBLs | 415 MCF | Mar 2025 |
Zeus 24 | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
Zeus State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
These are the closest 0 companies operating near the Ares 4 State property.
Company Name |
---|