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 - Jun 2026 |
| Total Oil Production | 2,632,889 BBLs |
| Total Gas Production | 12,391,069 MCF |
| Recent Oil Production | 6,704 BBLs in Jun 2026 |
| Recent Gas Production | 87,453 MCF in Jun 2026 |
| Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$97,316 *
MarketMultiple™
$1,408,557 **
* 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 | 3,749 BBLs | 2,842 MCF | Jun 2026 |
| Atoka Bank BDJ State Com | Lea County, NM | 937 BBLs | 7,734 MCF | Jun 2026 |
| Brininstool 4 State | Lea County, NM | 7,528 BBLs | 16,324 MCF | Jun 2026 |
| Cabo Blanco State | Lea County, NM | 3,521 BBLs | 31,452 MCF | Jul 2026 |
| Charles Ling | Lea County, NM | 60,475 BBLs | 260,299 MCF | Jun 2026 |
| Eata Fajita | Lea County, NM | 48,310 BBLs | 194,424 MCF | Jul 2026 |
| Enron 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Hemlock 32 State | Lea County, NM | 7,263 BBLs | 133,504 MCF | Jun 2026 |
| Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Macho State | Lea County, NM | 1,821 BBLs | 6,321 MCF | Jul 2026 |
| Mars 10 State | Lea County, NM | 1,717 BBLs | 4,758 MCF | Jun 2026 |
| Mars 3 State | Lea County, NM | 1,668 BBLs | 2,257 MCF | Jun 2026 |
| Mogi 9 State Com | Lea County, NM | 8,175 BBLs | 39,811 MCF | Jun 2026 |
| Neptune 10 State Com | Lea County, NM | 92,863 BBLs | 728,543 MCF | Jun 2026 |
| Poseidon State Com | Lea County, NM | 26,690 BBLs | 454,941 MCF | Jun 2026 |
| Sea Snake 35 State | Lea County, NM | 8,677 BBLs | 87,790 MCF | Jun 2026 |
| Trucker BRK State | Lea County, NM | 1,136 BBLs | 1,026 MCF | Jun 2026 |
| Yarrow 32 State | Lea County, NM | 4,929 BBLs | 61,171 MCF | Jun 2026 |
| Zeus 24 | Lea County, NM | 5,859 BBLs | 131,268 MCF | Jun 2026 |
| Zeus State | Lea County, NM | 2,786 BBLs | 79,737 MCF | Jun 2026 |
These are the closest 20 companies operating near the Ares 4 State property.