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 - Nov 2025 |
| Total Oil Production | 1,181,968 BBLs |
| Total Gas Production | 1,318,605 MCF |
| Recent Oil Production | 1,470 BBLs in Nov 2025 |
| Recent Gas Production | 3,227 MCF in Nov 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Black Pearl 1 Federal
ShaleAssessment™
$165,234 *
MarketMultiple™
$349,378 **
* 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 | 7,536 BBLs | 3,046 MCF | Nov 2025 |
| Eagle 2 State | Lea County, NM | 3,523 BBLs | 6,657 MCF | Nov 2025 |
| Eagle Claw 5 8 Federal Com | Lea County, NM | 13,938 BBLs | 33,443 MCF | Nov 2025 |
| Eagle Claw Federal | Lea County, NM | 2,414 BBLs | 3,732 MCF | Nov 2025 |
| Lea 7 Federal Com | Lea County, NM | 3,844 BBLs | 19,369 MCF | Nov 2025 |
| Lea Ap State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Lea Federal Unit | Lea County, NM | 1,440 BBLs | 13,968 MCF | Nov 2025 |
| Mallon 3 | Lea County, NM | 3,872 BBLs | 4,271 MCF | Nov 2025 |
| Mark Federal | Lea County, NM | 826 BBLs | 551 MCF | Nov 2025 |
| Mobil Lea State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| North Lea 3 Federal Com | Lea County, NM | 5,093 BBLs | 7,367 MCF | Nov 2025 |
| Pearl | Lea County, NM | 74 BBLs | 0 MCF | Nov 2025 |
| Perla Verde 31 State Com | Lea County, NM | 25,677 BBLs | 41,375 MCF | Nov 2025 |
| Prickly Pear 6 Federal | Lea County, NM | 963 BBLs | 1,361 MCF | Nov 2025 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Quail Federal | Lea County, NM | 927 BBLs | 1,066 MCF | Nov 2025 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Tiger 11 Federal | Lea County, NM | 511 BBLs | 243 MCF | Nov 2025 |
| Tusk Federal | Lea County, NM | 3,551 BBLs | 3,566 MCF | Nov 2025 |
| West Pearl | Lea County, NM | 5,048 BBLs | 4,958 MCF | Nov 2025 |
These are the closest 20 companies operating near the Black Pearl 1 Federal property.