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 - Aug 2025
Total Oil Production88,903 BBLs
Total Gas Production106,642 MCF
Recent Oil Production182 BBLs in Jul 2025
Recent Gas Production285 MCF in Jul 2025
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$6,117 *

MarketMultiple™

$21,081 **

* 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 Aug 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, NM273 BBLs456 MCFJul 2025
Bass FederalLea County, NM78 BBLs397 MCFJul 2025
Belco Aia FederalLea County, NM1 BBLs2 MCFJul 2025
Big Eddy UnitLea County, NM56,609 BBLs76,776 MCFJul 2025
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM5,040 BBLs8,093 MCFJul 2025
Double Stamp Federal ComLea County, NM13,181 BBLs26,061 MCFJul 2025
Double Stamp Federal Com 113HLea County, NM2,789 BBLs3,348 MCFJul 2025
Felmont FedLea County, NM0 BBLs379 MCFJul 2025
Ganso StateLea County, NM300 BBLs277 MCFJul 2025
Laguna 16 StateLea County, NM814 BBLs6,308 MCFAug 2025
Little Eddy UnitLea County, NM0 BBLs0 MCFJun 2025
Pakse 3 South Federal ComLea County, NM58,296 BBLs139,700 MCFJul 2025
Pakse 4 South Federal ComLea County, NM20,465 BBLs66,823 MCFJul 2025
Pakse 5 South Federal ComLea County, NM34,593 BBLs84,379 MCFJul 2025
Pakse South Federal ComLea County, NM47,999 BBLs117,985 MCFJul 2025
Pony Express Federal ComLea County, NM40,384 BBLs60,734 MCFJul 2025
Queenie Federal ComLea County, NM413 BBLs937 MCFAug 2025
Snoddy FederalLea County, NM631 BBLs938 MCFJul 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.
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Civitas Permian Operating, LLC
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.