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 - Apr 2026
Total Oil Production201,504 BBLs
Total Gas Production922,435 MCF
Recent Oil Production308 BBLs in Mar 2026
Recent Gas Production48 MCF in Mar 2026
Wells on Property12

Our Valuation Estimates for B M Justis

ShaleAssessment™

$14,965 *

MarketMultiple™

$30,651 **

* 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 Apr 2026

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., LimitedActiveLea County, NM32.122414-103.196365
30-025-11657B M JUSTIS 001DOYLE HARTMANPluggedLea County, NM32.117588-103.195503
30-025-11663B M JUSTIS C 005Petroleum Exploration Company Ltd., LimitedActiveLea County, NM32.122021-103.187988
30-025-11664B M JUSTIS A 006Petroleum Exploration Company Ltd., LimitedTemporary AbandonmentLea County, NM32.116695-103.177399
30-025-11665B M JUSTIS A 003Petroleum Exploration Company Ltd., LimitedActiveLea County, NM32.120319-103.182732
30-025-11668B M JUSTIS A 002BETTIS BOYLE & STOVALL,INC.PluggedLea County, NM32.117592-103.191238
30-025-11669B M JUSTIS B 007Petroleum Exploration Company Ltd., LimitedActiveLea County, NM32.117649-103.186981
30-025-20581B M JUSTIS B 008Petroleum Exploration Company Ltd., LimitedActiveLea County, NM32.117600-103.182732
30-025-21279B M JUSTIS B 009BETTIS BOYLE & STOVALL,INC.PluggedLea County, NM32.118496-103.196571
30-025-27630B M JUSTIS 010FAE II Operating LLCPluggedLea County, NM32.117699-103.192986
30-025-27837B M JUSTIS 011ENERVEST OPERATING L.L.C.PluggedLea County, NM32.117596-103.183472
30-025-28805B M JUSTIS 012FAE II Operating LLCPluggedLea 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., LimitedLea County, NM
333322B M JUSTIS BPetroleum Exploration Company Ltd., LimitedLea County, NM
333323B M JUSTIS CPetroleum Exploration Company Ltd., LimitedLea 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 BBLs0 MCFDec 2025
AscarteLea County, NM0 BBLs0 MCFAug 2024
B T LanehartLea County, NM0 BBLs0 MCFSep 2024
BrownLea County, NM0 BBLs0 MCFDec 2025
Carlson Harrison Federal ComLea County, NM0 BBLs353 MCFMar 2026
CrosbyLea County, NM0 BBLs0 MCFSep 2009
DyerLea County, NM0 BBLs191 MCFMar 2026
FederalLea County, NM0 BBLs517 MCFMar 2026
Harrison FederalLea County, NM0 BBLs0 MCFNov 2025
Jalmat Yates UnitLea County, NM468 BBLs257 MCFApr 2026
LanehartLea County, NM142 BBLs291 MCFMar 2026
Langlie A FederalLea County, NM78 BBLs468 MCFMar 2026
Langlie B FederalLea County, NM0 BBLs0 MCFDec 2016
Langlie Jal FederalLea County, NM0 BBLs0 MCFNov 2024
LeonardLea County, NM0 BBLs0 MCFFeb 2026
PrichardLea County, NM0 BBLs209 MCFMar 2026
SholesLea County, NM390 BBLs533 MCFMar 2026
South Langlie Jal UnitLea County, NM858 BBLs0 MCFApr 2026
WinninghamLea County, NM0 BBLs2,215 MCFMar 2026
WoolworthLea County, NM0 BBLs0 MCFJul 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
Pogo Producing Company
Primal Energy Corporation
Southwest Royalties, Inc.
Texaco Exploration & Prod Inc