B M Justis

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. B M Justis Oil & Gas Property

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Property Summary

Key data points for B M Justis

CountyLea County, NM
Production DatesJan 1993 - Feb 2024
Total Oil Production194,666 BBLs
Total Gas Production918,531 MCF
Recent Oil Production152 BBLs in Jan 2024
Recent Gas Production38 MCF in Jan 2024
Wells on Property12

Our Valuation Estimates for B M Justis

ShaleAssessment™

$20,680 *

MarketMultiple™

$41,220 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

B M Justis Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for B M Justis
from Jan 1993 to Feb 2024

Wells on B M Justis

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-11622B M JUSTIS B 004Petroleum Exploration Company Ltd., Limited PActiveLea County, NM32.122414-103.196365
30-025-11657B M JUSTIS 001DOYLE HARTMANPlugged, Site ReleasedLea County, NM32.117588-103.195503
30-025-11663B M JUSTIS C 005Petroleum Exploration Company Ltd., Limited PActiveLea County, NM32.122021-103.187988
30-025-11664B M JUSTIS A 006Petroleum Exploration Company Ltd., Limited PApproved Temporary AbandonmentLea County, NM32.116695-103.177399
30-025-11665B M JUSTIS A 003Petroleum Exploration Company Ltd., Limited PActiveLea County, NM32.120319-103.182732
30-025-11668B M JUSTIS A 002BETTIS BOYLE & STOVALL,INC.Plugged, Site ReleasedLea County, NM32.117592-103.191238
30-025-11669B M JUSTIS B 007Petroleum Exploration Company Ltd., Limited PActiveLea County, NM32.117649-103.186981
30-025-20581B M JUSTIS B 008Petroleum Exploration Company Ltd., Limited PActiveLea County, NM32.117600-103.182732
30-025-21279B M JUSTIS B 009BETTIS BOYLE & STOVALL,INC.Plugged, Site ReleasedLea County, NM32.118496-103.196571
30-025-27630B M JUSTIS 010FAE II Operating LLCActiveLea County, NM32.117699-103.192986
30-025-27837B M JUSTIS 011ENERVEST OPERATING L.L.C.Plugged, Site ReleasedLea County, NM32.117596-103.183472
30-025-28805B M JUSTIS 012FAE II Operating LLCExpired Temporary AbandonmentLea County, NM32.119045-103.192986

Leases included in B M Justis

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
2010B M JUSTIS ABETTIS BOYLE & STOVALL,INC.Lea County, NM
2011B M JUSTIS BBETTIS BOYLE & STOVALL,INC.Lea County, NM
303885B M JUSTISENERVEST OPERATING L.L.C.Lea County, NM
326920B M JUSTISFAE II Operating LLCLea County, NM
333321B M JUSTIS APetroleum Exploration Company Ltd., Limited PLea County, NM
333322B M JUSTIS BPetroleum Exploration Company Ltd., Limited PLea County, NM
333323B M JUSTIS CPetroleum Exploration Company Ltd., Limited PLea County, NM
5050B M JUSTISDOYLE HARTMANLea County, NM

Operators Associated With B M Justis

Nearby Properties

These are the closest 20 properties to the B M Justis property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arnott RamsLea County, NM0 BBLs387 MCFFeb 2024
AscarteLea County, NM0 BBLs150 MCFFeb 2024
B T LanehartLea County, NM0 BBLs0 MCFFeb 2024
BrownLea County, NM0 BBLs0 MCFApr 2022
Carlson Harrison Federal ComLea County, NM0 BBLs0 MCFFeb 2024
CrosbyLea County, NM0 BBLs0 MCFSep 2009
DyerLea County, NM0 BBLs0 MCFJun 2023
FederalLea County, NM2 BBLs467 MCFFeb 2024
Harrison FederalLea County, NM0 BBLs0 MCFMar 2022
Jalmat Yates UnitLea County, NM577 BBLs612 MCFFeb 2024
LanehartLea County, NM88 BBLs194 MCFFeb 2024
Langlie A FederalLea County, NM55 BBLs558 MCFFeb 2024
Langlie B FederalLea County, NM0 BBLs0 MCFDec 2016
Langlie Jal FederalLea County, NM0 BBLs509 MCFFeb 2024
LeonardLea County, NM0 BBLs0 MCFAug 2023
PrichardLea County, NM0 BBLs190 MCFFeb 2024
SholesLea County, NM1,055 BBLs729 MCFFeb 2024
South Langlie Jal UnitLea County, NM811 BBLs268 MCFFeb 2024
WinninghamLea County, NM0 BBLs0 MCFDec 2023
WoolworthLea County, NM0 BBLs465 MCFFeb 2024

Companies in the Area

These are the closest 20 companies operating near the B M Justis property.

Company Name
BC Operating, Inc.
Bettis Boyle & Stovall,Inc.
Burleson Petroleum, Inc.
Burlington Resources Oil And Gas Co.
Chaparral Energy, L.L.C.
COG Operating LLC
Conoco Inc.
ConocoPhillips Company
Driftwood Oil, LLC
Fae II Operating LLC
Fulfer Oil & Cattle LLC
Herman L Loeb
Herman L. Loeb, LLC
Maralo, LLC
Oxy USA Inc
Petroleum Exploration Company LTD., Limited P
Pogo Producing Company
Primal Energy Corporation
Southwest Royalties Inc
Texaco Expl. And Prod. Inc.