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 - Sep 2025
Total Oil Production89,032 BBLs
Total Gas Production106,918 MCF
Recent Oil Production129 BBLs in Sep 2025
Recent Gas Production276 MCF in Sep 2025
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$6,014 *

MarketMultiple™

$20,806 **

* 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 Sep 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, NM1,174 BBLs698 MCFSep 2025
Bass FederalLea County, NM675 BBLs351 MCFSep 2025
Belco Aia FederalLea County, NM6 BBLs81 MCFOct 2025
Big Eddy UnitLea County, NM82,107 BBLs169,383 MCFSep 2025
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM4,504 BBLs7,481 MCFSep 2025
Double Stamp Federal ComLea County, NM231,671 BBLs260,215 MCFSep 2025
Double Stamp Federal Com 113HLea County, NM21,555 BBLs29,087 MCFSep 2025
Felmont FedLea County, NM0 BBLs372 MCFSep 2025
Ganso StateLea County, NM761 BBLs670 MCFSep 2025
Laguna 16 StateLea County, NM1,965 BBLs10,107 MCFSep 2025
Little Eddy UnitLea County, NM0 BBLs78 MCFSep 2025
Pakse 3 South Federal ComLea County, NM46,409 BBLs117,936 MCFSep 2025
Pakse 4 South Federal ComLea County, NM14,888 BBLs51,094 MCFSep 2025
Pakse 5 South Federal ComLea County, NM29,204 BBLs77,324 MCFSep 2025
Pakse South Federal ComLea County, NM44,640 BBLs110,492 MCFSep 2025
Pony Express Federal ComLea County, NM31,051 BBLs41,433 MCFSep 2025
Queenie Federal ComLea County, NM17,409 BBLs18,975 MCFOct 2025
Snoddy FederalLea County, NM2,314 BBLs3,511 MCFSep 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
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.
Raybaw Operating, LLC
Strata Production Co
XTO Energy Inc.
XTO Permian Operating LLC.