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 - Jan 2024 |
Total Oil Production | 2,395,324 BBLs |
Total Gas Production | 10,035,531 MCF |
Recent Oil Production | 10,492 BBLs in Jan 2024 |
Recent Gas Production | 86,187 MCF in Jan 2024 |
Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$168,354 *
MarketMultiple™
$1,833,382 **
* 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 | 2,929 BBLs | 1,377 MCF | Jan 2024 |
Atoka Bank BDJ State Com | Lea County, NM | 3,243 BBLs | 4,347 MCF | Jan 2024 |
Brininstool 4 State | Lea County, NM | 2,158 BBLs | 4,905 MCF | Feb 2024 |
Cabo Blanco State | Lea County, NM | 1,687 BBLs | 5,085 MCF | Feb 2024 |
Charles Ling Federal Com | Lea County, NM | 9,224 BBLs | 22,577 MCF | Jan 2024 |
Eata Fajita | Lea County, NM | 8,521 BBLs | 74,939 MCF | Feb 2024 |
Enron 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
Hemlock 32 State | Lea County, NM | 7,811 BBLs | 103,741 MCF | Jan 2024 |
Jackson 10 State Com | Lea County, NM | 0 BBLs | 1,754 MCF | Jan 2024 |
Macho State | Lea County, NM | 1,451 BBLs | 60 MCF | Feb 2024 |
Mars 10 State | Lea County, NM | 659 BBLs | 242 MCF | Jan 2024 |
Mars 3 State | Lea County, NM | 705 BBLs | 1,278 MCF | Jan 2024 |
Mogi 9 State Com | Lea County, NM | 1,097 BBLs | 7,932 MCF | Feb 2024 |
Neptune 10 State Com | Lea County, NM | 39,991 BBLs | 517,237 MCF | Jan 2024 |
Poseidon State Com | Lea County, NM | 29,828 BBLs | 364,067 MCF | Feb 2024 |
Sea Snake 35 State | Lea County, NM | 11,275 BBLs | 101,870 MCF | Jan 2024 |
Trucker BRK State | Lea County, NM | 1,083 BBLs | 1,620 MCF | Jan 2024 |
Yarrow 32 State | Lea County, NM | 4,700 BBLs | 65,193 MCF | Jan 2024 |
Zeus 24 | Lea County, NM | 7,608 BBLs | 119,801 MCF | Feb 2024 |
Zeus State | Lea County, NM | 5,039 BBLs | 97,847 MCF | Feb 2024 |
These are the closest 20 companies operating near the Ares 4 State property.