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 - May 2026
Total Oil Production90,128 BBLs
Total Gas Production108,454 MCF
Recent Oil Production175 BBLs in May 2026
Recent Gas Production285 MCF in May 2026
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$5,280 *

MarketMultiple™

$14,746 **

* 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 May 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, NM163 BBLs340 MCFMay 2026
Bass FederalLea County, NM28 BBLs326 MCFMay 2026
Belco Aia FederalLea County, NM2 BBLs6 MCFMay 2026
Big Eddy UnitLea County, NM85,762 BBLs184,118 MCFMay 2026
Black Horse Federal Com 20 33 07 SBLea County, NM454 BBLs948 MCFMay 2026
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM5,891 BBLs12,018 MCFMay 2026
Double Stamp Federal ComLea County, NM0 BBLs0 MCFApr 2026
Felmont FedLea County, NM0 BBLs356 MCFMay 2026
Ganso StateLea County, NM271 BBLs284 MCFMay 2026
Green Frog Cafe FederalLea County, NM292 BBLs335 MCFMay 2026
Laguna 16 StateLea County, NM516 BBLs1,587 MCFMay 2026
Little Eddy UnitLea County, NM0 BBLs96 MCFMay 2026
Pakse 3 South Federal ComLea County, NM29,045 BBLs72,482 MCFMay 2026
Pakse 4 South Federal ComLea County, NM15,033 BBLs46,298 MCFMay 2026
Pakse 5 South Federal ComLea County, NM23,221 BBLs61,583 MCFMay 2026
Pakse South Federal ComLea County, NM31,534 BBLs95,901 MCFMay 2026
Queenie Federal ComLea County, NM16,487 BBLs31,077 MCFMay 2026
Snoddy FederalLea County, NM1,039 BBLs1,880 MCFMay 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.