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 - May 2026 |
| Total Oil Production | 1,195,273 BBLs |
| Total Gas Production | 1,337,494 MCF |
| Recent Oil Production | 3,515 BBLs in May 2026 |
| Recent Gas Production | 5,381 MCF in May 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Black Pearl 1 Federal
ShaleAssessment™
$152,900 *
MarketMultiple™
$226,548 **
* 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 | 5,983 BBLs | 11,863 MCF | May 2026 |
| Eagle 2 State | Lea County, NM | 4,173 BBLs | 5,558 MCF | May 2026 |
| Eagle Claw 5 8 Federal Com | Lea County, NM | 14,807 BBLs | 33,557 MCF | May 2026 |
| Eagle Claw Federal | Lea County, NM | 2,367 BBLs | 3,096 MCF | May 2026 |
| Lea 7 Federal Com | Lea County, NM | 3,937 BBLs | 20,961 MCF | May 2026 |
| Lea Ap State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Lea Federal Unit | Lea County, NM | 2,007 BBLs | 17,982 MCF | May 2026 |
| Mallon 3 | Lea County, NM | 3,450 BBLs | 3,555 MCF | May 2026 |
| Mark Federal | Lea County, NM | 1,324 BBLs | 994 MCF | May 2026 |
| Mobil Lea State | Lea County, NM | 148 BBLs | 0 MCF | May 2026 |
| North Lea 3 Federal Com | Lea County, NM | 5,344 BBLs | 8,793 MCF | May 2026 |
| Pearl | Lea County, NM | 33 BBLs | 0 MCF | May 2026 |
| Perla Verde 31 State Com | Lea County, NM | 24,145 BBLs | 41,123 MCF | May 2026 |
| Prickly Pear 6 Federal | Lea County, NM | 2,156 BBLs | 2,658 MCF | May 2026 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Quail Federal | Lea County, NM | 1,025 BBLs | 2,081 MCF | May 2026 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Thunderball | Lea County, NM | 27,816 BBLs | 51,593 MCF | May 2026 |
| Tusk Federal | Lea County, NM | 2,609 BBLs | 2,797 MCF | May 2026 |
| West Pearl | Lea County, NM | 4,824 BBLs | 6,346 MCF | May 2026 |
These are the closest 20 companies operating near the Black Pearl 1 Federal property.