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 - May 2026 |
| Total Oil Production | 2,626,185 BBLs |
| Total Gas Production | 12,303,631 MCF |
| Recent Oil Production | 6,859 BBLs in May 2026 |
| Recent Gas Production | 76,047 MCF in May 2026 |
| Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$99,519 *
MarketMultiple™
$1,276,223 **
* 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 | 3,694 BBLs | 3,246 MCF | May 2026 |
| Atoka Bank BDJ State Com | Lea County, NM | 1,836 BBLs | 10,303 MCF | May 2026 |
| Brininstool 4 State | Lea County, NM | 8,985 BBLs | 19,334 MCF | May 2026 |
| Cabo Blanco State | Lea County, NM | 4,605 BBLs | 39,288 MCF | May 2026 |
| Charles Ling | Lea County, NM | 65,297 BBLs | 275,512 MCF | May 2026 |
| Eata Fajita | Lea County, NM | 56,175 BBLs | 289,307 MCF | May 2026 |
| Enron 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Hemlock 32 State | Lea County, NM | 8,190 BBLs | 140,249 MCF | May 2026 |
| Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Macho State | Lea County, NM | 2,312 BBLs | 3,959 MCF | May 2026 |
| Mars 10 State | Lea County, NM | 2,075 BBLs | 5,473 MCF | May 2026 |
| Mars 3 State | Lea County, NM | 2,133 BBLs | 3,004 MCF | May 2026 |
| Mogi 9 State Com | Lea County, NM | 9,092 BBLs | 42,307 MCF | May 2026 |
| Neptune 10 State Com | Lea County, NM | 20,792 BBLs | 71,947 MCF | May 2026 |
| Poseidon State Com | Lea County, NM | 28,504 BBLs | 267,141 MCF | May 2026 |
| Sea Snake 35 State | Lea County, NM | 9,244 BBLs | 87,930 MCF | May 2026 |
| Trucker BRK State | Lea County, NM | 1,269 BBLs | 1,270 MCF | May 2026 |
| Yarrow 32 State | Lea County, NM | 6,272 BBLs | 133,343 MCF | May 2026 |
| Zeus 24 | Lea County, NM | 4,931 BBLs | 74,126 MCF | May 2026 |
| Zeus State | Lea County, NM | 2,730 BBLs | 34,176 MCF | May 2026 |
These are the closest 20 companies operating near the Ares 4 State property.