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 - Oct 2025 |
| Total Oil Production | 1,180,498 BBLs |
| Total Gas Production | 1,315,362 MCF |
| Recent Oil Production | 2,294 BBLs in Sep 2025 |
| Recent Gas Production | 6,570 MCF in Sep 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Black Pearl 1 Federal
ShaleAssessment™
$167,829 *
MarketMultiple™
$358,819 **
* 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 | 5,011 BBLs | 2,682 MCF | Sep 2025 |
| Eagle 2 State | Lea County, NM | 3,648 BBLs | 7,023 MCF | Sep 2025 |
| Eagle Claw 5 8 Federal Com | Lea County, NM | 13,193 BBLs | 40,050 MCF | Sep 2025 |
| Eagle Claw Federal | Lea County, NM | 2,102 BBLs | 4,370 MCF | Sep 2025 |
| Lea 7 Federal Com | Lea County, NM | 4,017 BBLs | 20,137 MCF | Sep 2025 |
| Lea Ap State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Lea Federal Unit | Lea County, NM | 1,228 BBLs | 13,063 MCF | Sep 2025 |
| Mark Federal | Lea County, NM | 933 BBLs | 694 MCF | Sep 2025 |
| Mescalero | Lea County, NM | 7,127 BBLs | 9,318 MCF | Sep 2025 |
| Mobil Lea State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| North Lea 3 Federal Com | Lea County, NM | 4,757 BBLs | 5,186 MCF | Sep 2025 |
| Pearl | Lea County, NM | 86 BBLs | 0 MCF | Oct 2025 |
| Perla Verde 31 State Com | Lea County, NM | 33,675 BBLs | 57,367 MCF | Sep 2025 |
| Prickly Pear 6 Federal | Lea County, NM | 640 BBLs | 1,535 MCF | Oct 2025 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Quail Federal | Lea County, NM | 852 BBLs | 1,493 MCF | Sep 2025 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Tiger 11 Federal | Lea County, NM | 921 BBLs | 535 MCF | Oct 2025 |
| Tusk Federal | Lea County, NM | 2,261 BBLs | 3,004 MCF | Oct 2025 |
| West Pearl | Lea County, NM | 5,128 BBLs | 4,954 MCF | Oct 2025 |
These are the closest 20 companies operating near the Black Pearl 1 Federal property.