Chem State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Chem State Oil & Gas Property

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Property Summary

Key data points for Chem State

CountyLea County, NM
Production DatesJan 1993 - Dec 2020
Total Oil Production289,498 BBLs
Total Gas Production751,552 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property10

Our Valuation Estimates for Chem State

ShaleAssessment™

$41,045 *

MarketMultiple™

Not Available

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Chem State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Chem State
from Jan 1993 to Dec 2020

Wells on Chem State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-00336CHEM STATE 002CONOCOPHILLIPS COMPANYPlugged (Not Released)Lea County, NM33.047718-103.699059
30-025-08012CHEM STATE 001CAMBRIAN MANAGEMENT LTDPlugged (Not Released)Lea County, NM33.051720-103.716301
30-025-22747CHEM STATE 003CAMBRIAN MANAGEMENT LTDPluggedLea County, NM33.048416-103.724922
30-025-23075CHEM STATE 004CAMBRIAN MANAGEMENT LTDPlugged (Not Released)Lea County, NM33.044125-103.716278
30-025-23273CHEM STATE 005CONOCOPHILLIPS COMPANYPlugged (Not Released)Lea County, NM33.044113-103.707657
30-025-26710CHEM STATE 007CAMBRIAN MANAGEMENT LTDPluggedLea County, NM33.040466-103.699066
30-025-27977CHEM STATE 006CONOCOPHILLIPS COMPANYPlugged (Not Released)Lea County, NM33.047749-103.711983
30-025-31680CHEM STATE 008PHILLIPS PETROLEUM COCancelledLea County, NM33.041842-103.718868
30-025-31681CHEM STATE 009PHILLIPS PETROLEUM COPluggedLea County, NM33.046730-103.716286
30-025-31682CHEM STATE 010PHILLIPS PETROLEUM COCancelledLea County, NM33.042255-103.729196

Leases included in Chem State

Lease #Lease NameOperatorCounty
28869CHEM STATECAMBRIAN MANAGEMENT LTDLea County, NM
333866CHEM STATECONOCOPHILLIPS COMPANYLea County, NM
9081CHEM STATEPHILLIPS PETROLEUM COLea County, NM

Operators Associated With Chem State

Nearby Properties

These are the closest 20 properties to the Chem State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Boar State ComLea County, NM4,452 BBLs2,098 MCFSep 2025
Boxer 3 Federal ComChaves County, NM127 BBLs1,380 MCFOct 2025
Enterprise 11Chaves County, NM790 BBLs4,069 MCFOct 2025
Good Hands 15 StateLea County, NM0 BBLs0 MCFDec 2022
Hercules Federal ComChaves County, NM0 BBLs0 MCFJul 2025
Incredible Hulk 26 State ComLea County, NM10 BBLs0 MCFSep 2025
Lea R State NCT-ALea County, NM0 BBLs0 MCFJan 2016
Nereid 1 FederalChaves County, NM418 BBLs672 MCFOct 2025
New Mexico As StateLea County, NM0 BBLs33 MCFSep 2025
Ninja BMN State ComChaves County, NM310 BBLs1,621 MCFOct 2025
North Anderson RanchLea County, NM0 BBLs0 MCFSep 2024
Perseus 10 Federal ComChaves County, NM550 BBLs4,773 MCFOct 2025
PlumaLea County, NM0 BBLs346 MCFSep 2025
StateLea County, NM114 BBLs0 MCFNov 2025
StateLea County, NM108 BBLs0 MCFAug 2025
Taurus StateChaves County, NM0 BBLs0 MCFApr 2025
Tulk VV StateLea County, NM0 BBLs0 MCFMar 2024
Wasp 2 StateChaves County, NM908 BBLs4,411 MCFOct 2025
Wrinkle 13 Federal ComChaves County, NM0 BBLs0 MCFMar 2018
Yorktown 12 FeeChaves County, NM182 BBLs557 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Chem State property.

Company Name
Amax Oil & Gas Inc.
Bam Permian Operating, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
COG Operating LLC
Crownquest Operating, LLC
El Paso Production Oil & Gas Co.
EOG Resources Inc
EOG Y Resources Inc
Extex Operating Company
Foundation Energy Management, LLC
Harvard Petroleum Company, LLC
Mack Energy Corporation
Onshore Royalties LLC
Penroc Oil Corp.
Rubicon Oil & Gas, LLC
Stearns
Texaco Exploration & Prod Inc
V-F Petroleum Inc.