Oil & Gas Property in Lea County, NM
Key data points for Corvo Federal
| County | Lea County, NM |
|---|---|
| Operator | COG PRODUCTION LLC |
| Production Dates | Dec 2014 - Aug 2025 |
| Total Oil Production | 678,947 BBLs |
| Total Gas Production | 2,225,426 MCF |
| Recent Oil Production | 1,163 BBLs in Aug 2025 |
| Recent Gas Production | 1,079 MCF in Aug 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Corvo Federal
ShaleAssessment™
$80,762 *
MarketMultiple™
$209,034 **
* 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 Corvo Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azores Federal | Lea County, NM | 91,309 BBLs | 372,465 MCF | Aug 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 18,689 BBLs | 77,833 MCF | Aug 2025 |
| Co VIper 4 33 Federal | Lea County, NM | 19,999 BBLs | 117,760 MCF | Aug 2025 |
| Cotton Draw | Lea County, NM | 551,990 BBLs | 3,903,116 MCF | Sep 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 465,201 BBLs | 2,050,324 MCF | Aug 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Exxon A Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| King Tut Federal | Lea County, NM | 3,074 BBLs | 17,899 MCF | Aug 2025 |
| Lippizzan 4 Federal | Lea County, NM | 3,479 BBLs | 12,008 MCF | Aug 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 81,329 BBLs | 522,173 MCF | Aug 2025 |
| Outrider | Lea County, NM | 163,668 BBLs | 547,336 MCF | Aug 2025 |
| Outrider 27 Federal Com | Lea County, NM | 105,292 BBLs | 330,860 MCF | Aug 2025 |
| Outrider 28 Federal Com | Lea County, NM | 184,962 BBLs | 549,558 MCF | Aug 2025 |
| Paint 33 Federal | Lea County, NM | 5,243 BBLs | 7,962 MCF | Aug 2025 |
| Paint 4 33 Federal Com | Lea County, NM | 68,745 BBLs | 610,475 MCF | Aug 2025 |
| Rebel 20 Federal | Lea County, NM | 13,740 BBLs | 21,728 MCF | Aug 2025 |
| Redhead 31 Federal | Lea County, NM | 491 BBLs | 2,238 MCF | Aug 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,355 BBLs | 233,884 MCF | Aug 2025 |
| Windward Federal | Lea County, NM | 13,242 BBLs | 413,416 MCF | Aug 2025 |
These are the closest 20 companies operating near the Corvo Federal property.