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 - May 2025 |
| Total Oil Production | 3,919,664 BBLs |
| Total Gas Production | 13,876,266 MCF |
| Recent Oil Production | 11,738 BBLs in May 2025 |
| Recent Gas Production | 65,860 MCF in May 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for Chincoteague
ShaleAssessment™
$275,997 *
MarketMultiple™
$2,153,225 **
* 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 | 105,357 BBLs | 398,992 MCF | May 2025 |
| Chincoteague 8 32 Federal State Com | Lea County, NM | 692,711 BBLs | 3,061,206 MCF | May 2025 |
| Co Grizzly 3 | Lea County, NM | 118,045 BBLs | 428,212 MCF | May 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 24,165 BBLs | 136,292 MCF | May 2025 |
| Corvo Federal | Lea County, NM | 1,787 BBLs | 3,278 MCF | May 2025 |
| Cotton Draw | Lea County, NM | 257,450 BBLs | 2,539,001 MCF | May 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 | 1,262 BBLs | 3,909 MCF | May 2025 |
| Mustang 8 17 Federal | Lea County, NM | 98,938 BBLs | 309,983 MCF | May 2025 |
| Mustang 8 29 Federal Com | Lea County, NM | 5,651 BBLs | 16,606 MCF | May 2025 |
| Outrider | Lea County, NM | 193,782 BBLs | 600,800 MCF | May 2025 |
| Outrider 28 Federal Com | Lea County, NM | 265,516 BBLs | 687,407 MCF | May 2025 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 43 BBLs | 0 MCF | May 2025 |
| Paint 33 Federal | Lea County, NM | 3,349 BBLs | 4,810 MCF | May 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 73,293 BBLs | 627,579 MCF | May 2025 |
| Redhead 31 Federal | Lea County, NM | 574 BBLs | 2,869 MCF | May 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 4,812 BBLs | 223,429 MCF | May 2025 |
| Trionyx 6 Federal | Lea County, NM | 3,250 BBLs | 23,015 MCF | May 2025 |
These are the closest 20 companies operating near the Chincoteague property.