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 - Sep 2025
Total Oil Production199,610 BBLs
Total Gas Production921,570 MCF
Recent Oil Production306 BBLs in Sep 2025
Recent Gas Production402 MCF in Sep 2025
Wells on Property12

Our Valuation Estimates for B M Justis

ShaleAssessment™

$16,330 *

MarketMultiple™

$31,731 **

* 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 Sep 2025

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 BBLs359 MCFSep 2025
AscarteLea County, NM0 BBLs0 MCFAug 2025
B T LanehartLea County, NM0 BBLs0 MCFOct 2024
BrownLea County, NM6 BBLs0 MCFSep 2025
Carlson Harrison Federal ComLea County, NM65 BBLs1,021 MCFSep 2025
CrosbyLea County, NM0 BBLs0 MCFSep 2009
DyerLea County, NM0 BBLs0 MCFFeb 2025
FederalLea County, NM0 BBLs507 MCFSep 2025
HadfieldLea County, NM0 BBLs0 MCFJul 2009
Jalmat Yates UnitLea County, NM192 BBLs131 MCFSep 2025
LanehartLea County, NM6 BBLs420 MCFSep 2025
Langlie A FederalLea County, NM57 BBLs545 MCFSep 2025
Langlie B FederalLea County, NM0 BBLs0 MCFMar 2017
Langlie Jal FederalLea County, NM0 BBLs0 MCFApr 2025
LeonardLea County, NM0 BBLs0 MCFJul 2025
PrichardLea County, NM0 BBLs91 MCFSep 2025
SholesLea County, NM352 BBLs852 MCFSep 2025
South Langlie Jal UnitLea County, NM752 BBLs196 MCFSep 2025
WinninghamLea County, NM0 BBLs2,525 MCFSep 2025
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
American Inland Resources Company LLC
BC Operating, Inc.
Bettis Boyle & Stovall,Inc.
Burleson Petroleum, Inc.
Burlington Resources Oil And Gas Co.
Chaparral Energy, L.L.C.
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