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 - Dec 2025 |
| Total Oil Production | 554,794 BBLs |
| Total Gas Production | 1,498,051 MCF |
| Recent Oil Production | 23,506 BBLs in Dec 2025 |
| Recent Gas Production | 130,181 MCF in Dec 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Burke State Com
ShaleAssessment™
Not Available
MarketMultiple™
$5,058,505 **
* 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 | 430 BBLs | 469 MCF | Dec 2025 |
| Antelope 5 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2022 |
| Bonaid Federal Com | Lea County, NM | 3,611 BBLs | 5,471 MCF | Dec 2025 |
| Georgetown Federal Com | Lea County, NM | 13,931 BBLs | 45,021 MCF | Dec 2025 |
| Gladiator 3 | Lea County, NM | 6 BBLs | 15 MCF | Dec 2025 |
| Irvin Wall State Com | Lea County, NM | 8,177 BBLs | 18,908 MCF | Dec 2025 |
| Jeff Hart Federal Com | Lea County, NM | 32,578 BBLs | 192,139 MCF | Dec 2025 |
| Jeff Hart State Com | Lea County, NM | 11,096 BBLs | 30,678 MCF | Dec 2025 |
| Kestrel 1 12 Federal | Lea County, NM | 9,687 BBLs | 20,045 MCF | Dec 2025 |
| Lepakast State Com | Lea County, NM | 745 BBLs | 1,479 MCF | Dec 2025 |
| Maltese 5 8 Federal Com | Lea County, NM | 31,843 BBLs | 20,456 MCF | Dec 2025 |
| Mortarboard Federal Com | Lea County, NM | 4,307 BBLs | 9,364 MCF | Dec 2025 |
| Ouray Federal Com | Lea County, NM | 16,134 BBLs | 38,166 MCF | Dec 2025 |
| Red Bull | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| Red Bull 2 | Lea County, NM | 14,721 BBLs | 17,656 MCF | Dec 2025 |
| Red Bull 30 31 Federal State Com | Lea County, NM | 13,839 BBLs | 17,488 MCF | Dec 2025 |
| Saker 6 7 Federal | Lea County, NM | 70,977 BBLs | 259,793 MCF | Dec 2025 |
| Shearn State Com | Lea County, NM | 283 BBLs | 885 MCF | Dec 2025 |
| Toro 36 B3 | Lea County, NM | 4,261 BBLs | 16,505 MCF | Dec 2025 |
| Woolworth | Lea County, NM | 0 BBLs | 0 MCF | Jul 2021 |
These are the closest 20 companies operating near the Burke State Com property.