Oil & Gas Property in Lea County, NM
Key data points for Butter Cup 3
| County | Lea County, NM |
|---|---|
| Operator | COTERRA ENERGY OPERATING E LLC |
| Production Dates | Apr 2013 - Aug 2025 |
| Total Oil Production | 631,319 BBLs |
| Total Gas Production | 562,579 MCF |
| Recent Oil Production | 1,537 BBLs in Jul 2025 |
| Recent Gas Production | 2,663 MCF in Jul 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Butter Cup 3
ShaleAssessment™
$100,328 *
MarketMultiple™
$217,791 **
* 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 Butter Cup 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 1,878 BBLs | 1,454 MCF | Jul 2025 |
| Airstrip 31 | Lea County, NM | 4,254 BBLs | 3,474 MCF | Jul 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,788 BBLs | 487 MCF | Jul 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Caprock 27 State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Condor State | Lea County, NM | 816 BBLs | 2,135 MCF | Jul 2025 |
| Gold State Com | Lea County, NM | 9,612 BBLs | 30,247 MCF | Aug 2025 |
| King Cobra 2 State | Lea County, NM | 1,767 BBLs | 1,994 MCF | Jul 2025 |
| Kingfisher State Com | Lea County, NM | 1,303 BBLs | 458 MCF | Jul 2025 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Magpie State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Merit 6 Eh State Com | Lea County, NM | 361 BBLs | 187 MCF | Jul 2025 |
| Mongoose Fee | Lea County, NM | 516 BBLs | 425 MCF | Jul 2025 |
| Playa 2 State | Lea County, NM | 457 BBLs | 514 MCF | Aug 2025 |
| Raptor West 3 State | Lea County, NM | 1,769 BBLs | 1,966 MCF | Aug 2025 |
| Satellite State Com | Lea County, NM | 118,292 BBLs | 166,047 MCF | Aug 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 374 BBLs | 657 MCF | Aug 2025 |
| Tres Primos 3 State | Lea County, NM | 1,568 BBLs | 196 MCF | Jul 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,310 BBLs | 1,299 MCF | Jul 2025 |
These are the closest 20 companies operating near the Butter Cup 3 property.