Oil & Gas Property in Lea County, NM
Key data points for Black Pearl 1 Federal
| County | Lea County, NM |
|---|---|
| Operator | COG OPERATING LLC |
| Production Dates | Feb 2015 - Feb 2026 |
| Total Oil Production | 1,184,936 BBLs |
| Total Gas Production | 1,323,484 MCF |
| Recent Oil Production | 1,575 BBLs in Feb 2026 |
| Recent Gas Production | 2,253 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Black Pearl 1 Federal
ShaleAssessment™
$158,797 *
MarketMultiple™
$284,861 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Black Pearl 1 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Angry Angus 32 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Eagle 2 State | Lea County, NM | 1,595 BBLs | 2,517 MCF | Feb 2026 |
| Eagle Claw 5 8 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Eagle Claw Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Hawg Federal | Lea County, NM | 290 BBLs | 325 MCF | Feb 2026 |
| Lea 7 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Lea Ap State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Lea Federal Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Mallon 3 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Mark Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Mobil Lea State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| North Lea 3 Federal Com | Lea County, NM | 2,227 BBLs | 5,618 MCF | Feb 2026 |
| Pearl | Lea County, NM | 96 BBLs | 0 MCF | Feb 2026 |
| Perla Verde 31 State Com | Lea County, NM | 17,629 BBLs | 25,465 MCF | Feb 2026 |
| Prickly Pear 6 Federal | Lea County, NM | 3,575 BBLs | 4,206 MCF | Feb 2026 |
| Pure State | Lea County, NM | 13 BBLs | 0 MCF | Feb 2026 |
| Quail Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Tusk Federal | Lea County, NM | 3,294 BBLs | 2,758 MCF | Feb 2026 |
| West Pearl | Lea County, NM | 4,904 BBLs | 5,201 MCF | Feb 2026 |
These are the closest 20 companies operating near the Black Pearl 1 Federal property.