Oil & Gas Property in Lea County, NM
Key data points for Chincoteague
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY, L.P. |
| Production Dates | Dec 2016 - Mar 2026 |
| Total Oil Production | 4,099,042 BBLs |
| Total Gas Production | 14,643,234 MCF |
| Recent Oil Production | 16,995 BBLs in Mar 2026 |
| Recent Gas Production | 81,565 MCF in Mar 2026 |
| Wells on Property | 11 |
Our Valuation Estimates for Chincoteague
ShaleAssessment™
$235,212 *
MarketMultiple™
$2,440,199 **
* 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 | 88,001 BBLs | 366,167 MCF | Apr 2026 |
| Chincoteague 8 32 Federal | Lea County, NM | 132,550 BBLs | 922,138 MCF | Mar 2026 |
| Co Grizzly 3 | Lea County, NM | 90,247 BBLs | 381,404 MCF | Mar 2026 |
| Co VIper 4 33 Federal | Lea County, NM | 13,490 BBLs | 77,835 MCF | Mar 2026 |
| Corvo Federal | Lea County, NM | 1,564 BBLs | 3,314 MCF | Apr 2026 |
| Cotton Draw | Lea County, NM | 288,939 BBLs | 2,003,185 MCF | Apr 2026 |
| 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 | 3,260 BBLs | 11,914 MCF | Mar 2026 |
| Mustang 8 17 Federal | Lea County, NM | 19,759 BBLs | 75,834 MCF | Mar 2026 |
| Mustang 8 29 Federal Com | Lea County, NM | 6,453 BBLs | 20,457 MCF | Mar 2026 |
| Outrider | Lea County, NM | 102,979 BBLs | 442,839 MCF | Mar 2026 |
| Outrider 28 Federal Com | Lea County, NM | 116,793 BBLs | 536,974 MCF | Mar 2026 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 21 BBLs | 0 MCF | Mar 2026 |
| Paint 33 Federal | Lea County, NM | 5,041 BBLs | 7,436 MCF | Mar 2026 |
| Paint 4 33 Federal Com | Lea County, NM | 46,983 BBLs | 451,305 MCF | Mar 2026 |
| Redhead 31 Federal | Lea County, NM | 3,008 BBLs | 5,441 MCF | Apr 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 0 BBLs | 108 MCF | Mar 2026 |
| Trionyx 6 Federal | Lea County, NM | 3,933 BBLs | 22,612 MCF | Mar 2026 |
These are the closest 20 companies operating near the Chincoteague property.