Oil & Gas Property in Lea County, NM
Key data points for Burke State Com
| County | Lea County, NM |
|---|---|
| Operator | MATADOR PRODUCTION COMPANY |
| Production Dates | Nov 2024 - Mar 2026 |
| Total Oil Production | 614,321 BBLs |
| Total Gas Production | 1,816,942 MCF |
| Recent Oil Production | 19,366 BBLs in Mar 2026 |
| Recent Gas Production | 126,509 MCF in Mar 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Burke State Com
ShaleAssessment™
Not Available
MarketMultiple™
$3,695,985 **
* 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 Burke State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Angus State 24 35 16 | Lea County, NM | 2,460 BBLs | 2,399 MCF | Mar 2026 |
| Antelope 5 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2022 |
| Bonaid Federal Com | Lea County, NM | 3,553 BBLs | 4,929 MCF | Mar 2026 |
| Georgetown Federal Com | Lea County, NM | 15,222 BBLs | 47,002 MCF | Mar 2026 |
| Gladiator 3 | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Irvin Wall State Com | Lea County, NM | 7,834 BBLs | 20,843 MCF | Mar 2026 |
| Jeff Hart Federal Com | Lea County, NM | 30,806 BBLs | 166,210 MCF | Mar 2026 |
| Jeff Hart State Com | Lea County, NM | 10,636 BBLs | 28,801 MCF | Mar 2026 |
| Kestrel 1 12 Federal | Lea County, NM | 10,449 BBLs | 24,702 MCF | Apr 2026 |
| Lepakast State Com | Lea County, NM | 304 BBLs | 647 MCF | Mar 2026 |
| Maltese 5 8 Federal Com | Lea County, NM | 30,898 BBLs | 75,968 MCF | Apr 2026 |
| Mortarboard Federal Com | Lea County, NM | 3,311 BBLs | 6,651 MCF | Mar 2026 |
| Ouray Federal Com | Lea County, NM | 16,375 BBLs | 75,299 MCF | Mar 2026 |
| Red Bull | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| Red Bull 2 | Lea County, NM | 14,856 BBLs | 18,022 MCF | Mar 2026 |
| Red Bull 30 31 Federal State Com | Lea County, NM | 11,139 BBLs | 16,781 MCF | Mar 2026 |
| Saker 6 7 Federal | Lea County, NM | 78,215 BBLs | 225,039 MCF | Apr 2026 |
| Shearn State Com | Lea County, NM | 670 BBLs | 976 MCF | Mar 2026 |
| Toro 36 B3 | Lea County, NM | 5,815 BBLs | 22,970 MCF | Mar 2026 |
| Woolworth | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
These are the closest 20 companies operating near the Burke State Com property.