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 - May 2025 |
| Total Oil Production | 628,197 BBLs |
| Total Gas Production | 554,776 MCF |
| Recent Oil Production | 1,974 BBLs in May 2025 |
| Recent Gas Production | 2,986 MCF in May 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Butter Cup 3
ShaleAssessment™
$104,592 *
MarketMultiple™
$251,726 **
* 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 | 1,157 BBLs | 878 MCF | May 2025 |
| Airstrip 31 | Lea County, NM | 8,812 BBLs | 7,529 MCF | May 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,700 BBLs | 757 MCF | May 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Caprock 27 State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Condor State | Lea County, NM | 759 BBLs | 2,066 MCF | May 2025 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Gold State Com | Lea County, NM | 14,153 BBLs | 29,482 MCF | May 2025 |
| King Cobra 2 State | Lea County, NM | 1,828 BBLs | 2,002 MCF | May 2025 |
| Kingfisher State Com | Lea County, NM | 753 BBLs | 305 MCF | May 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 | 953 BBLs | 461 MCF | May 2025 |
| Playa 2 State | Lea County, NM | 713 BBLs | 651 MCF | May 2025 |
| Raptor West 3 State | Lea County, NM | 2,270 BBLs | 2,339 MCF | May 2025 |
| Satellite State Com | Lea County, NM | 126,448 BBLs | 156,790 MCF | May 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 464 BBLs | 496 MCF | May 2025 |
| Tres Primos 3 State | Lea County, NM | 1,240 BBLs | 484 MCF | May 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,326 BBLs | 1,212 MCF | May 2025 |
These are the closest 20 companies operating near the Butter Cup 3 property.