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 - Mar 2026 |
| Total Oil Production | 1,188,472 BBLs |
| Total Gas Production | 1,327,128 MCF |
| Recent Oil Production | 3,536 BBLs in Mar 2026 |
| Recent Gas Production | 3,644 MCF in Mar 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Black Pearl 1 Federal
ShaleAssessment™
$156,859 *
MarketMultiple™
$219,307 **
* 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 | 8,319 BBLs | 13,864 MCF | Mar 2026 |
| Eagle 2 State | Lea County, NM | 3,247 BBLs | 4,207 MCF | Mar 2026 |
| Eagle Claw 5 8 Federal Com | Lea County, NM | 12,103 BBLs | 23,936 MCF | Mar 2026 |
| Eagle Claw Federal | Lea County, NM | 1,709 BBLs | 2,628 MCF | Mar 2026 |
| Lea 7 Federal Com | Lea County, NM | 4,419 BBLs | 20,869 MCF | Mar 2026 |
| Lea Ap State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Lea Federal Unit | Lea County, NM | 2,122 BBLs | 15,494 MCF | Mar 2026 |
| Mallon 3 | Lea County, NM | 4,432 BBLs | 4,305 MCF | Mar 2026 |
| Mark Federal | Lea County, NM | 681 BBLs | 629 MCF | Mar 2026 |
| Mobil Lea State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| North Lea 3 Federal Com | Lea County, NM | 4,291 BBLs | 9,091 MCF | Mar 2026 |
| Pearl | Lea County, NM | 102 BBLs | 0 MCF | Mar 2026 |
| Perla Verde 31 State Com | Lea County, NM | 24,596 BBLs | 43,283 MCF | Mar 2026 |
| Prickly Pear 6 Federal | Lea County, NM | 2,781 BBLs | 3,016 MCF | Mar 2026 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Quail Federal | Lea County, NM | 823 BBLs | 1,508 MCF | Mar 2026 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Thunderball | Lea County, NM | 30,573 BBLs | 53,402 MCF | Mar 2026 |
| Tusk Federal | Lea County, NM | 2,989 BBLs | 2,953 MCF | Mar 2026 |
| West Pearl | Lea County, NM | 4,973 BBLs | 6,195 MCF | Mar 2026 |
These are the closest 20 companies operating near the Black Pearl 1 Federal property.