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 2025 |
Total Oil Production | 2,537,279 BBLs |
Total Gas Production | 11,341,092 MCF |
Recent Oil Production | 6,174 BBLs in May 2025 |
Recent Gas Production | 53,539 MCF in May 2025 |
Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$124,977 *
MarketMultiple™
$1,460,112 **
* 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 | 3,245 BBLs | 2,823 MCF | May 2025 |
Atoka Bank BDJ State Com | Lea County, NM | 3,682 BBLs | 10,511 MCF | May 2025 |
Boomslang 14 23 Federal | Lea County, NM | 7,579 BBLs | 33,986 MCF | May 2025 |
Brininstool 4 State | Lea County, NM | 4,236 BBLs | 4,820 MCF | May 2025 |
Cabo Blanco State | Lea County, NM | 1,558 BBLs | 13,313 MCF | May 2025 |
Charles Ling | Lea County, NM | 133,892 BBLs | 508,809 MCF | May 2025 |
Eata Fajita | Lea County, NM | 4,657 BBLs | 116,721 MCF | May 2025 |
Enron 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Hemlock 32 State | Lea County, NM | 8,176 BBLs | 83,160 MCF | May 2025 |
Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
Macho State | Lea County, NM | 1,552 BBLs | 3,929 MCF | May 2025 |
Mars 10 State | Lea County, NM | 2,940 BBLs | 4,957 MCF | May 2025 |
Mogi 9 State Com | Lea County, NM | 10,634 BBLs | 16,714 MCF | May 2025 |
Neptune 10 State Com | Lea County, NM | 99,114 BBLs | 519,327 MCF | May 2025 |
Poseidon State Com | Lea County, NM | 35,946 BBLs | 646,762 MCF | May 2025 |
Sea Snake 35 State | Lea County, NM | 9,586 BBLs | 106,401 MCF | May 2025 |
Yarrow 32 State | Lea County, NM | 6,490 BBLs | 82,739 MCF | May 2025 |
Yarrow Bhy State | Lea County, NM | 1,438 BBLs | 238 MCF | May 2025 |
Zeus 24 | Lea County, NM | 7,058 BBLs | 116,571 MCF | May 2025 |
Zeus State | Lea County, NM | 2,875 BBLs | 73,662 MCF | May 2025 |
These are the closest 20 companies operating near the Ares 4 State property.