Oil & Gas Property in Lea County, NM
Key data points for Argo
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Nov 2025 |
| Total Oil Production | 286,901 BBLs |
| Total Gas Production | 3,353,420 MCF |
| Recent Oil Production | 149 BBLs in Nov 2025 |
| Recent Gas Production | 2,149 MCF in Nov 2025 |
| Wells on Property | 19 |
Our Valuation Estimates for Argo
ShaleAssessment™
$31,799 *
MarketMultiple™
$25,414 **
* 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 | 509 BBLs | 1,710 MCF | Nov 2025 |
| Dayton Hardy | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Elliott A | Lea County, NM | 54 BBLs | 1,567 MCF | Nov 2025 |
| Eubank | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Eubanks | Lea County, NM | 406 BBLs | 2,094 MCF | Nov 2025 |
| Eunice | Lea County, NM | 1,316 BBLs | 24,965 MCF | Nov 2025 |
| Harry Leonard NCT | Lea County, NM | 894 BBLs | 10,676 MCF | Nov 2025 |
| L G Warlick | Lea County, NM | 164 BBLs | 2,459 MCF | Nov 2025 |
| Lansford | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| Lockhart | Lea County, NM | 2,456 BBLs | 33,489 MCF | Nov 2025 |
| M E Wantz | Lea County, NM | 525 BBLs | 8,271 MCF | Nov 2025 |
| Mary E Wantz | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Naomi Keenum | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| New Mexico | Lea County, NM | 19 BBLs | 285 MCF | Nov 2025 |
| Northeast Drinkard Unit | Lea County, NM | 22,912 BBLs | 106,162 MCF | Nov 2025 |
| Percy Hardy | Lea County, NM | 64 BBLs | 1,944 MCF | Nov 2025 |
| State C Tract 12 | Lea County, NM | 116 BBLs | 5,533 MCF | Nov 2025 |
| Turner | Lea County, NM | 981 BBLs | 20,352 MCF | Nov 2025 |
| Weatherly | Lea County, NM | 1,911 BBLs | 12,632 MCF | Nov 2025 |
| West Blinebry Drinkard Unit | Lea County, NM | 25,692 BBLs | 58,539 MCF | Nov 2025 |
These are the closest 20 companies operating near the Argo property.