Oil & Gas Property in Lea County, NM
Key data points for Argo
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jul 2025 |
| Total Oil Production | 286,054 BBLs |
| Total Gas Production | 3,342,684 MCF |
| Recent Oil Production | 236 BBLs in Jul 2025 |
| Recent Gas Production | 2,792 MCF in Jul 2025 |
| Wells on Property | 19 |
Our Valuation Estimates for Argo
ShaleAssessment™
$33,475 *
MarketMultiple™
$19,537 **
* 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 Argo property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| A M York | Lea County, NM | 434 BBLs | 1,762 MCF | Jul 2025 |
| Dayton Hardy | Lea County, NM | 404 BBLs | 6,016 MCF | Jul 2025 |
| Elliott A | Lea County, NM | 87 BBLs | 1,774 MCF | Jul 2025 |
| Eubank | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Eubanks | Lea County, NM | 428 BBLs | 3,879 MCF | Jul 2025 |
| Eunice | Lea County, NM | 1,429 BBLs | 25,272 MCF | Jul 2025 |
| Harry Leonard NCT | Lea County, NM | 956 BBLs | 10,392 MCF | Jul 2025 |
| L G Warlick | Lea County, NM | 232 BBLs | 3,585 MCF | Jul 2025 |
| Lansford | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| Lockhart | Lea County, NM | 2,084 BBLs | 36,672 MCF | Jul 2025 |
| M E Wantz | Lea County, NM | 455 BBLs | 9,594 MCF | Jul 2025 |
| Mary E Wantz | Lea County, NM | 0 BBLs | 59 MCF | Jul 2025 |
| Naomi Keenum | Lea County, NM | 12 BBLs | 0 MCF | Jul 2025 |
| New Mexico | Lea County, NM | 30 BBLs | 304 MCF | Jul 2025 |
| Northeast Drinkard Unit | Lea County, NM | 20,185 BBLs | 104,799 MCF | Jul 2025 |
| Percy Hardy | Lea County, NM | 10 BBLs | 578 MCF | Jul 2025 |
| State C Tract 12 | Lea County, NM | 328 BBLs | 5,961 MCF | Jul 2025 |
| Turner | Lea County, NM | 893 BBLs | 23,762 MCF | Jul 2025 |
| Weatherly | Lea County, NM | 1,553 BBLs | 12,016 MCF | Aug 2025 |
| West Blinebry Drinkard Unit | Lea County, NM | 19,722 BBLs | 49,462 MCF | Jul 2025 |
These are the closest 20 companies operating near the Argo property.