Baetz 23

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Baetz 23 Oil & Gas Property

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Property Summary

Key data points for Baetz 23

CountyLea County, NM
Production DatesJan 1993 - Mar 2026
Total Oil Production89,782 BBLs
Total Gas Production107,898 MCF
Recent Oil Production370 BBLs in Mar 2026
Recent Gas Production285 MCF in Mar 2026
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$5,448 *

MarketMultiple™

$12,295 **

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

Based on a decimal interest

Baetz 23 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Baetz 23
from Jan 1993 to Mar 2026

Wells on Baetz 23

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26414BAETZ 23 FEDERAL 001Avant Operating II, LLCActiveLea County, NM32.556877-103.739052
30-025-32670BAETZ 23 002BARBARA FASKENCancelledLea County, NM32.557740-103.735846
30-025-36042BAETZ 23 FEDERAL 003CFASKEN OIL & RANCH LTDCancelledLea County, NM32.564116-103.734975
30-025-36043BAETZ 23 FEDERAL 009FASKEN OIL & RANCH LTDCancelledLea County, NM32.560624-103.730502
30-025-40815BAETZ 23 FEDERAL 002CFASKEN OIL & RANCH LTDCancelledLea County, NM32.556877-103.739540
30-025-43351BAETZ 23 FEDERAL 003HFASKEN OIL & RANCH LTDNewLea County, NM32.550937-103.730592
30-025-43352BAETZ 23 FEDERAL 004HFASKEN OIL & RANCH LTDNewLea County, NM32.550956-103.730530

Leases included in Baetz 23

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
18162BAETZ 23 FEDERALFASKEN OIL & RANCH LTDLea County, NM
338230BAETZ 23 FEDERALAvant Operating II, LLCLea County, NM
4238BAETZ 23BARBARA FASKENLea County, NM

Operators Associated With Baetz 23

Nearby Properties

These are the closest 20 properties to the Baetz 23 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BassLea County, NM283 BBLs398 MCFApr 2026
Bass FederalLea County, NM510 BBLs609 MCFApr 2026
Belco Aia FederalLea County, NM2 BBLs3 MCFMar 2026
Big Eddy UnitLea County, NM50,928 BBLs127,244 MCFMar 2026
Black Horse Federal Com 20 33 07 SBLea County, NM1,074 BBLs786 MCFApr 2026
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM5,608 BBLs10,717 MCFMar 2026
Double Stamp Federal ComLea County, NM0 BBLs0 MCFJan 2026
Felmont FedLea County, NM0 BBLs355 MCFApr 2026
Ganso StateLea County, NM671 BBLs731 MCFMar 2026
Laguna 16 StateLea County, NM578 BBLs1,554 MCFMar 2026
Little Eddy UnitLea County, NM0 BBLs2,150 MCFApr 2026
Pakse 3 South Federal ComLea County, NM30,674 BBLs69,597 MCFMar 2026
Pakse 4 South Federal ComLea County, NM13,485 BBLs44,700 MCFMar 2026
Pakse 5 South Federal ComLea County, NM23,441 BBLs61,078 MCFMar 2026
Pakse South Federal ComLea County, NM31,314 BBLs88,084 MCFMar 2026
Pony Express Federal ComLea County, NM32,261 BBLs42,346 MCFMar 2026
Queenie Federal ComLea County, NM27,730 BBLs39,488 MCFApr 2026
Snoddy FederalLea County, NM1,802 BBLs2,910 MCFMar 2026
Tomahawk 28 Federal ComLea County, NM0 BBLs0 MCFApr 2022

Companies in the Area

These are the closest 20 companies operating near the Baetz 23 property.

Company Name
Bepco, L.P.
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Civitas Permian Operating, LLC
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Operating Co., L.P.
Devon Energy Production Company, L.P.
Earthstone Operating, LLC
EOG Resources Inc
Fasken Oil And Ranch, LTD.
Marathon Oil Permian LLC
Matador Production Company
Paloma Permian Assetco, LLC
Petroleum Exploration Company LTD., Limited
Pure Energy Operating, Inc.
Strata Production Co
XTO Energy Inc.
XTO Permian Operating LLC.