Oil & Gas Property in Lea County, NM
Key data points for Argo
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2026 |
| Total Oil Production | 287,823 BBLs |
| Total Gas Production | 3,365,300 MCF |
| Recent Oil Production | 147 BBLs in May 2026 |
| Recent Gas Production | 2,122 MCF in May 2026 |
| Wells on Property | 19 |
Our Valuation Estimates for Argo
ShaleAssessment™
$29,625 *
MarketMultiple™
$31,539 **
* 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 | 520 BBLs | 1,791 MCF | May 2026 |
| Dayton Hardy | Lea County, NM | 29 BBLs | 1,071 MCF | May 2026 |
| Elliott A | Lea County, NM | 67 BBLs | 1,388 MCF | May 2026 |
| Eubank | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Eubanks | Lea County, NM | 445 BBLs | 3,986 MCF | May 2026 |
| Eunice | Lea County, NM | 2,332 BBLs | 26,103 MCF | May 2026 |
| Harry Leonard NCT | Lea County, NM | 862 BBLs | 9,352 MCF | May 2026 |
| L G Warlick | Lea County, NM | 136 BBLs | 2,098 MCF | May 2026 |
| Lansford | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| Lockhart | Lea County, NM | 2,932 BBLs | 36,743 MCF | May 2026 |
| M E Wantz | Lea County, NM | 490 BBLs | 8,221 MCF | May 2026 |
| Mary E Wantz | Lea County, NM | 0 BBLs | 59 MCF | May 2026 |
| Naomi Keenum | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 279 MCF | May 2026 |
| Northeast Drinkard Unit | Lea County, NM | 25,482 BBLs | 107,854 MCF | May 2026 |
| Percy Hardy | Lea County, NM | 0 BBLs | 2,893 MCF | May 2026 |
| State C Tract 12 | Lea County, NM | 272 BBLs | 5,710 MCF | May 2026 |
| Turner | Lea County, NM | 769 BBLs | 21,137 MCF | May 2026 |
| Weatherly | Lea County, NM | 1,568 BBLs | 11,915 MCF | May 2026 |
| West Blinebry Drinkard Unit | Lea County, NM | 25,460 BBLs | 59,822 MCF | May 2026 |
These are the closest 20 companies operating near the Argo property.