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 - Jun 2025 |
| Total Oil Production | 3,932,818 BBLs |
| Total Gas Production | 13,944,113 MCF |
| Recent Oil Production | 13,154 BBLs in Jun 2025 |
| Recent Gas Production | 67,847 MCF in Jun 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for Chincoteague
ShaleAssessment™
$271,870 *
MarketMultiple™
$1,796,603 **
* 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 | 99,702 BBLs | 394,727 MCF | Jul 2025 |
| Chincoteague 8 32 Federal State Com | Lea County, NM | 481,784 BBLs | 2,432,084 MCF | Jun 2025 |
| Co Grizzly 3 | Lea County, NM | 78,349 BBLs | 318,038 MCF | Jun 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 16,276 BBLs | 96,177 MCF | Jun 2025 |
| Corvo Federal | Lea County, NM | 917 BBLs | 1,117 MCF | Jul 2025 |
| Cotton Draw | Lea County, NM | 228,039 BBLs | 2,237,526 MCF | Jul 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 | 1,239 BBLs | 4,936 MCF | Jun 2025 |
| Mustang 8 17 Federal | Lea County, NM | 64,670 BBLs | 230,051 MCF | Jun 2025 |
| Mustang 8 29 Federal Com | Lea County, NM | 5,069 BBLs | 16,848 MCF | Jun 2025 |
| Outrider | Lea County, NM | 180,966 BBLs | 570,477 MCF | Jun 2025 |
| Outrider 28 Federal Com | Lea County, NM | 219,148 BBLs | 586,933 MCF | Jun 2025 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 73 BBLs | 0 MCF | Jun 2025 |
| Paint 33 Federal | Lea County, NM | 2,891 BBLs | 4,719 MCF | Jun 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 76,122 BBLs | 614,182 MCF | Jun 2025 |
| Redhead 31 Federal | Lea County, NM | 459 BBLs | 2,505 MCF | Jul 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,865 BBLs | 232,796 MCF | Jun 2025 |
| Trionyx 6 Federal | Lea County, NM | 3,428 BBLs | 23,334 MCF | Jun 2025 |
These are the closest 20 companies operating near the Chincoteague property.