Ares State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Ares State Oil & Gas Property

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Property Summary

Key data points for Ares State

CountyLea County, NM
Production DatesJan 1993 - Apr 1999
Total Oil Production12,684 BBLs
Total Gas Production72,174 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for Ares State

ShaleAssessment™

Not Available

MarketMultiple™

Not Available

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Ares State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ares State
from Jan 1993 to Apr 1999

Wells on Ares State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-24635ARES STATE 001PETROHAWK OPERATING COMPANYPluggedLea County, NM32.309937-103.263634
30-025-24865ARES STATE 002CLAYTON W WILLIAMS JRPluggedLea County, NM32.306309-103.263634
30-025-24980ARES STATE 003PETROHAWK OPERATING COMPANYPluggedLea County, NM32.310852-103.268974
30-025-25171ARES STATE 004PETROHAWK OPERATING COMPANYPluggedLea County, NM32.307224-103.267906

Leases included in Ares State

Lease #Lease NameOperatorCounty
18081ARES STATECLAYTON W WILLIAMS JRLea County, NM
302427ARES STATEPETROHAWK OPERATING COMPANYLea County, NM
33487ARES STATEMISSION RESOURCES CORPORATIONLea County, NM

Operators Associated With Ares State

Nearby Properties

These are the closest 20 properties to the Ares State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
DancigerLea County, NM46 BBLs36 MCFAug 2025
FarneyLea County, NM0 BBLs0 MCFFeb 2024
FederalLea County, NM129 BBLs40 MCFAug 2025
George EtzLea County, NM0 BBLs0 MCFDec 2018
J F Janda NCTLea County, NM189 BBLs10 MCFAug 2025
J T LynnLea County, NM0 BBLs0 MCFOct 2020
JandaLea County, NM0 BBLs0 MCFNov 2024
Langlie Lynn Queen UnitLea County, NM61 BBLs0 MCFAug 2025
LynnLea County, NM200 BBLs1,000 MCFAug 2025
MatkinsLea County, NM0 BBLs0 MCFAug 2025
Mexico E ComLea County, NM0 BBLs0 MCFOct 2024
MobilLea County, NM0 BBLs0 MCFDec 2018
New MexicoLea County, NM109 BBLs1,567 MCFAug 2025
Sapphire StateLea County, NM0 BBLs0 MCFMay 2023
Shell StateLea County, NM0 BBLs432 MCFAug 2025
Sinclair A StateLea County, NM0 BBLs1,455 MCFJul 2025
Sinclair B StateLea County, NM0 BBLs0 MCFMay 2022
StateLea County, NM2,178 BBLs9,175 MCFAug 2025
State A A/C 3 Com ALea County, NM0 BBLs1,028 MCFAug 2025
Stevens BLea County, NM125 BBLs346 MCFAug 2025

Companies in the Area

These are the closest 20 companies operating near the Ares State property.

Company Name
Cameron Oil & Gas Inc
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Clayton Williams Energy, Inc.
Conoco Inc.
ConocoPhillips Company
Doyle Hartman
Empire New Mexico LLC
Enervest Operating LLC
Fae II Operating LLC
Hal J Rasmussen Oper Inc
Hess Corporation
John H Hendrix Corp
Merit Energy Company, LLC
Mission Resources Corporation
North Fork Operating LP
Petrohawk Operating Company
Petroleum Exploration Company LTD., Limited
Southwest Royalties Inc
Yarbrough Oil LP