Oil & Gas Property in Lea County, NM
Key data points for Argo
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 287,393 BBLs |
| Total Gas Production | 3,359,648 MCF |
| Recent Oil Production | 81 BBLs in Feb 2026 |
| Recent Gas Production | 1,131 MCF in Feb 2026 |
| Wells on Property | 19 |
Our Valuation Estimates for Argo
ShaleAssessment™
$30,676 *
MarketMultiple™
$31,127 **
* 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 | 477 BBLs | 1,265 MCF | Feb 2026 |
| Dayton Hardy | Lea County, NM | 276 BBLs | 5,302 MCF | Feb 2026 |
| Elliott A | Lea County, NM | 109 BBLs | 1,634 MCF | Feb 2026 |
| Eubank | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Eubanks | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Eunice | Lea County, NM | 1,356 BBLs | 22,546 MCF | Feb 2026 |
| Harry Leonard NCT | Lea County, NM | 770 BBLs | 9,358 MCF | Feb 2026 |
| L G Warlick | Lea County, NM | 144 BBLs | 1,844 MCF | Feb 2026 |
| Lansford | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| Lockhart | Lea County, NM | 2,026 BBLs | 30,918 MCF | Feb 2026 |
| M E Wantz | Lea County, NM | 478 BBLs | 8,558 MCF | Feb 2026 |
| Mary E Wantz | Lea County, NM | 0 BBLs | 53 MCF | Feb 2026 |
| Naomi Keenum | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Northeast Drinkard Unit | Lea County, NM | 20,756 BBLs | 86,461 MCF | Feb 2026 |
| Percy Hardy | Lea County, NM | 0 BBLs | 3,156 MCF | Feb 2026 |
| State C Tract 12 | Lea County, NM | 201 BBLs | 5,219 MCF | Feb 2026 |
| Turner | Lea County, NM | 816 BBLs | 18,543 MCF | Feb 2026 |
| Weatherly | Lea County, NM | 1,653 BBLs | 11,445 MCF | Feb 2026 |
| West Blinebry Drinkard Unit | Lea County, NM | 24,354 BBLs | 52,879 MCF | Feb 2026 |
These are the closest 20 companies operating near the Argo property.