Oil & Gas Property in Lea County, NM
Key data points for Argo
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2025 |
| Total Oil Production | 285,700 BBLs |
| Total Gas Production | 3,337,294 MCF |
| Recent Oil Production | 55 BBLs in May 2025 |
| Recent Gas Production | 630 MCF in May 2025 |
| Wells on Property | 19 |
Our Valuation Estimates for Argo
ShaleAssessment™
$34,297 *
MarketMultiple™
$21,686 **
* 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 | 348 BBLs | 1,211 MCF | May 2025 |
| Dayton Hardy | Lea County, NM | 20 BBLs | 426 MCF | May 2025 |
| Elliott A | Lea County, NM | 98 BBLs | 1,794 MCF | May 2025 |
| Eubank | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Eubanks | Lea County, NM | 502 BBLs | 3,816 MCF | May 2025 |
| Eunice | Lea County, NM | 1,712 BBLs | 26,744 MCF | May 2025 |
| Harry Leonard NCT | Lea County, NM | 1,176 BBLs | 12,130 MCF | May 2025 |
| L G Warlick | Lea County, NM | 92 BBLs | 3,876 MCF | May 2025 |
| Lansford | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| Lockhart | Lea County, NM | 2,081 BBLs | 35,191 MCF | May 2025 |
| M E Wantz | Lea County, NM | 504 BBLs | 9,692 MCF | May 2025 |
| Mary E Wantz | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Naomi Keenum | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| New Mexico | Lea County, NM | 14 BBLs | 271 MCF | May 2025 |
| Northeast Drinkard Unit | Lea County, NM | 21,480 BBLs | 107,937 MCF | May 2025 |
| Percy Hardy | Lea County, NM | 12 BBLs | 1,814 MCF | May 2025 |
| State C Tract 12 | Lea County, NM | 68 BBLs | 2,527 MCF | May 2025 |
| Turner | Lea County, NM | 1,027 BBLs | 24,094 MCF | May 2025 |
| Weatherly | Lea County, NM | 1,746 BBLs | 12,949 MCF | May 2025 |
| West Blinebry Drinkard Unit | Lea County, NM | 21,929 BBLs | 54,751 MCF | May 2025 |
These are the closest 20 companies operating near the Argo property.