Oil & Gas Property in Lea County, NM
Key data points for Argo
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jun 2026 |
| Total Oil Production | 288,167 BBLs |
| Total Gas Production | 3,367,634 MCF |
| Recent Oil Production | 344 BBLs in Jun 2026 |
| Recent Gas Production | 2,363 MCF in Jun 2026 |
| Wells on Property | 19 |
Our Valuation Estimates for Argo
ShaleAssessment™
$29,271 *
MarketMultiple™
$30,326 **
* 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 | 497 BBLs | 1,594 MCF | Jun 2026 |
| Dayton Hardy | Lea County, NM | 394 BBLs | 4,090 MCF | Jun 2026 |
| Elliott A | Lea County, NM | 324 BBLs | 1,581 MCF | Jun 2026 |
| Eubank | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Eubanks | Lea County, NM | 406 BBLs | 3,986 MCF | Jun 2026 |
| Eunice | Lea County, NM | 2,133 BBLs | 25,417 MCF | Jun 2026 |
| Harry Leonard NCT | Lea County, NM | 1,180 BBLs | 10,291 MCF | Jun 2026 |
| L G Warlick | Lea County, NM | 306 BBLs | 1,480 MCF | Jun 2026 |
| Lansford | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| Lockhart | Lea County, NM | 4,106 BBLs | 35,006 MCF | Jun 2026 |
| M E Wantz | Lea County, NM | 549 BBLs | 8,031 MCF | Jun 2026 |
| Mary E Wantz | Lea County, NM | 0 BBLs | 57 MCF | Jun 2026 |
| Naomi Keenum | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 0 MCF | May 2026 |
| Northeast Drinkard Unit | Lea County, NM | 25,146 BBLs | 103,583 MCF | Jun 2026 |
| Percy Hardy | Lea County, NM | 522 BBLs | 1,810 MCF | Jun 2026 |
| State C Tract 12 | Lea County, NM | 636 BBLs | 4,768 MCF | Jun 2026 |
| Turner | Lea County, NM | 1,339 BBLs | 20,668 MCF | Jun 2026 |
| Weatherly | Lea County, NM | 2,412 BBLs | 11,953 MCF | Jul 2026 |
| West Blinebry Drinkard Unit | Lea County, NM | 26,541 BBLs | 59,685 MCF | Jun 2026 |
These are the closest 20 companies operating near the Argo property.