Oil & Gas Property in Lea County, NM
Key data points for Chincoteague
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Dec 2016 - Aug 2025 |
| Total Oil Production | 3,968,325 BBLs |
| Total Gas Production | 14,094,354 MCF |
| Recent Oil Production | 16,818 BBLs in Jul 2025 |
| Recent Gas Production | 72,408 MCF in Jul 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for Chincoteague
ShaleAssessment™
$263,297 *
MarketMultiple™
$1,667,895 **
* 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 Chincoteague property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azores Federal | Lea County, NM | 94,326 BBLs | 381,909 MCF | Aug 2025 |
| Chincoteague 8 32 Federal State Com | Lea County, NM | 320,548 BBLs | 1,861,961 MCF | Aug 2025 |
| Co Grizzly 3 | Lea County, NM | 114,211 BBLs | 430,671 MCF | Jul 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 24,624 BBLs | 142,392 MCF | Jul 2025 |
| Corvo Federal | Lea County, NM | 1,158 BBLs | 1,081 MCF | Aug 2025 |
| Cotton Draw | Lea County, NM | 451,701 BBLs | 3,054,472 MCF | Aug 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| E F Ray B NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| Lippizzan 4 Federal | Lea County, NM | 2,744 BBLs | 9,327 MCF | Aug 2025 |
| Mustang 8 17 Federal | Lea County, NM | 44,379 BBLs | 155,080 MCF | Aug 2025 |
| Mustang 8 29 Federal Com | Lea County, NM | 6,917 BBLs | 19,541 MCF | Aug 2025 |
| Outrider | Lea County, NM | 184,676 BBLs | 595,569 MCF | Jul 2025 |
| Outrider 28 Federal Com | Lea County, NM | 209,896 BBLs | 572,840 MCF | Jul 2025 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 63 BBLs | 0 MCF | Jul 2025 |
| Paint 33 Federal | Lea County, NM | 4,461 BBLs | 6,576 MCF | Aug 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 71,027 BBLs | 597,622 MCF | Aug 2025 |
| Redhead 31 Federal | Lea County, NM | 509 BBLs | 2,509 MCF | Aug 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 4,005 BBLs | 210,430 MCF | Aug 2025 |
| Trionyx 6 Federal | Lea County, NM | 4,115 BBLs | 29,064 MCF | Aug 2025 |
These are the closest 20 companies operating near the Chincoteague property.