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 - Jul 2025
Total Oil Production88,766 BBLs
Total Gas Production106,357 MCF
Recent Oil Production163 BBLs in Jun 2025
Recent Gas Production276 MCF in Jun 2025
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$6,220 *

MarketMultiple™

$20,610 **

* 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 Jul 2025

Wells on Baetz 23

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26414BAETZ 23 FEDERAL 001FASKEN OIL & RANCH LTDActiveLea 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
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, NM426 BBLs457 MCFJun 2025
Bass FederalLea County, NM241 BBLs571 MCFJun 2025
Belco Aia FederalLea County, NM1 BBLs17 MCFJun 2025
Big Eddy UnitLea County, NM28,262 BBLs37,376 MCFJun 2025
Black Horse Federal Com 20 33 07 SBLea County, NM270 BBLs2,801 MCFJul 2025
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM5,320 BBLs8,654 MCFJun 2025
Felmont FedLea County, NM0 BBLs341 MCFJun 2025
Ganso StateLea County, NM381 BBLs420 MCFJun 2025
Laguna 16 StateLea County, NM538 BBLs4,785 MCFJul 2025
Little Eddy UnitLea County, NM0 BBLs828 MCFJun 2025
Pakse 3 South Federal ComLea County, NM56,879 BBLs132,067 MCFJun 2025
Pakse 4 South Federal ComLea County, NM23,429 BBLs78,602 MCFJun 2025
Pakse 5 South Federal ComLea County, NM36,701 BBLs89,718 MCFJun 2025
Pakse South Federal ComLea County, NM49,991 BBLs121,614 MCFJun 2025
Pony Express Federal ComLea County, NM45,621 BBLs71,437 MCFJun 2025
Queenie Federal ComLea County, NM34,958 BBLs38,989 MCFJul 2025
Silver Federal ComLea County, NM50,154 BBLs124,009 MCFJun 2025
Snoddy FederalLea County, NM821 BBLs1,612 MCFJun 2025
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.
Burlington Resources Oil & Gas Company LP
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
COG Operating LLC
ConocoPhillips Company
Devon Energy Operating Co., 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.
Raybaw Operating, LLC
Strata Production Co
XTO Energy Inc.
XTO Permian Operating LLC.