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 - Aug 2025 |
| Total Oil Production | 1,176,251 BBLs |
| Total Gas Production | 1,303,660 MCF |
| Recent Oil Production | 2,692 BBLs in Jul 2025 |
| Recent Gas Production | 7,909 MCF in Jul 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Black Pearl 1 Federal
ShaleAssessment™
$172,850 *
MarketMultiple™
$361,066 **
* 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 | 9,776 BBLs | 5,229 MCF | Aug 2025 |
| Eagle 2 State | Lea County, NM | 3,929 BBLs | 8,354 MCF | Jul 2025 |
| Eagle Claw 5 8 Federal Com | Lea County, NM | 19,926 BBLs | 47,719 MCF | Jul 2025 |
| Eagle Claw Federal | Lea County, NM | 3,521 BBLs | 5,343 MCF | Jul 2025 |
| Lea 7 Federal Com | Lea County, NM | 4,048 BBLs | 19,139 MCF | Jul 2025 |
| Lea Ap State | Lea County, NM | 15 BBLs | 0 MCF | Jul 2025 |
| Lea Federal Unit | Lea County, NM | 947 BBLs | 15,201 MCF | Aug 2025 |
| Mark Federal | Lea County, NM | 605 BBLs | 631 MCF | Jul 2025 |
| Mescalero | Lea County, NM | 4,313 BBLs | 5,247 MCF | Jul 2025 |
| Mobil Lea State | Lea County, NM | 527 BBLs | 24 MCF | Jul 2025 |
| North Lea 3 Federal Com | Lea County, NM | 4,376 BBLs | 3,834 MCF | Jul 2025 |
| Pearl | Lea County, NM | 90 BBLs | 0 MCF | Aug 2025 |
| Perla Verde 31 State Com | Lea County, NM | 24,040 BBLs | 47,000 MCF | Jul 2025 |
| Prickly Pear 6 Federal | Lea County, NM | 969 BBLs | 1,708 MCF | Aug 2025 |
| Pure State | Lea County, NM | 10 BBLs | 0 MCF | Jul 2025 |
| Quail Federal | Lea County, NM | 790 BBLs | 1,623 MCF | Jul 2025 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Tiger 11 Federal | Lea County, NM | 691 BBLs | 381 MCF | Aug 2025 |
| Tusk Federal | Lea County, NM | 1,863 BBLs | 2,052 MCF | Aug 2025 |
| West Pearl | Lea County, NM | 3,752 BBLs | 3,935 MCF | Aug 2025 |
These are the closest 20 companies operating near the Black Pearl 1 Federal property.