Oil & Gas Property in Lea County, NM
Key data points for Argo
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Mar 2026 |
| Total Oil Production | 287,471 BBLs |
| Total Gas Production | 3,361,044 MCF |
| Recent Oil Production | 78 BBLs in Mar 2026 |
| Recent Gas Production | 1,479 MCF in Mar 2026 |
| Wells on Property | 19 |
Our Valuation Estimates for Argo
ShaleAssessment™
$30,328 *
MarketMultiple™
$34,637 **
* 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 | 447 BBLs | 1,312 MCF | Mar 2026 |
| Dayton Hardy | Lea County, NM | 310 BBLs | 4,785 MCF | Mar 2026 |
| Elliott A | Lea County, NM | 54 BBLs | 1,550 MCF | Mar 2026 |
| Eubank | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Eubanks | Lea County, NM | 265 BBLs | 3,822 MCF | Mar 2026 |
| Eunice | Lea County, NM | 2,233 BBLs | 22,884 MCF | Mar 2026 |
| Harry Leonard NCT | Lea County, NM | 527 BBLs | 7,445 MCF | Mar 2026 |
| L G Warlick | Lea County, NM | 140 BBLs | 2,524 MCF | Mar 2026 |
| Lansford | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
| Lockhart | Lea County, NM | 2,010 BBLs | 30,998 MCF | Mar 2026 |
| M E Wantz | Lea County, NM | 418 BBLs | 8,030 MCF | Mar 2026 |
| Mary E Wantz | Lea County, NM | 0 BBLs | 53 MCF | Mar 2026 |
| Naomi Keenum | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 334 MCF | Mar 2026 |
| Northeast Drinkard Unit | Lea County, NM | 24,987 BBLs | 104,311 MCF | Apr 2026 |
| Percy Hardy | Lea County, NM | 0 BBLs | 2,499 MCF | Mar 2026 |
| State C Tract 12 | Lea County, NM | 348 BBLs | 5,638 MCF | Mar 2026 |
| Turner | Lea County, NM | 802 BBLs | 20,882 MCF | Mar 2026 |
| Weatherly | Lea County, NM | 1,945 BBLs | 11,761 MCF | Apr 2026 |
| West Blinebry Drinkard Unit | Lea County, NM | 25,213 BBLs | 58,039 MCF | Apr 2026 |
These are the closest 20 companies operating near the Argo property.