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 - Jun 2025 |
| Total Oil Production | 1,170,540 BBLs |
| Total Gas Production | 1,287,612 MCF |
| Recent Oil Production | 3,018 BBLs in Jun 2025 |
| Recent Gas Production | 8,246 MCF in Jun 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Black Pearl 1 Federal
ShaleAssessment™
$177,720 *
MarketMultiple™
$375,887 **
* 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 | 702 BBLs | 326 MCF | Jun 2025 |
| Eagle 2 State | Lea County, NM | 3,810 BBLs | 6,841 MCF | Jun 2025 |
| Eagle Claw 5 8 Federal Com | Lea County, NM | 17,226 BBLs | 41,832 MCF | Jun 2025 |
| Eagle Claw Federal | Lea County, NM | 4,004 BBLs | 5,956 MCF | Jun 2025 |
| Lea 7 Federal Com | Lea County, NM | 3,184 BBLs | 17,595 MCF | Jun 2025 |
| Lea Ap State | Lea County, NM | 2 BBLs | 0 MCF | Jun 2025 |
| Lea Federal Unit | Lea County, NM | 959 BBLs | 13,606 MCF | Jun 2025 |
| Mallon 3 | Lea County, NM | 3,052 BBLs | 3,771 MCF | Jun 2025 |
| Mark Federal | Lea County, NM | 495 BBLs | 488 MCF | Jun 2025 |
| Mescalero | Lea County, NM | 4,692 BBLs | 4,515 MCF | Jun 2025 |
| Mobil Lea State | Lea County, NM | 652 BBLs | 12 MCF | Jun 2025 |
| North Lea 3 Federal Com | Lea County, NM | 4,878 BBLs | 5,074 MCF | Jun 2025 |
| Pearl | Lea County, NM | 107 BBLs | 0 MCF | Jul 2025 |
| Perla Verde 31 State Com | Lea County, NM | 32,039 BBLs | 69,761 MCF | Jun 2025 |
| Prickly Pear 6 Federal | Lea County, NM | 1,101 BBLs | 2,086 MCF | Jun 2025 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2025 |
| Quail Federal | Lea County, NM | 665 BBLs | 2,794 MCF | Jun 2025 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Tusk Federal | Lea County, NM | 2,237 BBLs | 2,213 MCF | Jun 2025 |
| West Pearl | Lea County, NM | 3,347 BBLs | 3,452 MCF | Jun 2025 |
These are the closest 20 companies operating near the Black Pearl 1 Federal property.