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 - Jun 2026 |
| Total Oil Production | 4,132,802 BBLs |
| Total Gas Production | 14,867,253 MCF |
| Recent Oil Production | 8,438 BBLs in Jun 2026 |
| Recent Gas Production | 63,956 MCF in Jun 2026 |
| Wells on Property | 11 |
Our Valuation Estimates for Chincoteague
ShaleAssessment™
$225,192 *
MarketMultiple™
$2,439,617 **
* 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 | 49,613 BBLs | 224,607 MCF | Jul 2026 |
| Chincoteague 8 32 Federal | Lea County, NM | 104,643 BBLs | 796,040 MCF | Jun 2026 |
| Co Grizzly 3 | Lea County, NM | 72,310 BBLs | 297,718 MCF | Jun 2026 |
| Co VIper 4 33 Federal | Lea County, NM | 10,820 BBLs | 58,545 MCF | Jun 2026 |
| Corvo Federal | Lea County, NM | 1,716 BBLs | 4,397 MCF | Jul 2026 |
| Cotton Draw | Lea County, NM | 275,428 BBLs | 2,454,421 MCF | Jul 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 | 1,964 BBLs | 10,634 MCF | Jun 2026 |
| Mustang 8 17 Federal | Lea County, NM | 16,524 BBLs | 64,149 MCF | Jun 2026 |
| Mustang 8 29 Federal Com | Lea County, NM | 3,899 BBLs | 10,358 MCF | Jun 2026 |
| Outrider | Lea County, NM | 80,053 BBLs | 354,396 MCF | Jun 2026 |
| Outrider 28 Federal Com | Lea County, NM | 96,224 BBLs | 454,186 MCF | Jun 2026 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 61 BBLs | 0 MCF | Jun 2026 |
| Paint 33 Federal | Lea County, NM | 5,782 BBLs | 10,212 MCF | Jun 2026 |
| Paint 4 33 Federal Com | Lea County, NM | 45,560 BBLs | 446,227 MCF | Jun 2026 |
| Redhead 31 Federal | Lea County, NM | 1,318 BBLs | 2,226 MCF | Jul 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 3,946 BBLs | 141,555 MCF | Jun 2026 |
| Trionyx 6 Federal | Lea County, NM | 2,574 BBLs | 20,811 MCF | Jun 2026 |
These are the closest 20 companies operating near the Chincoteague property.