Oil & Gas Property in Lea County, NM
Key data points for Cotton Draw 1
| Counties | Eddy County, NM Lea County, NM |
|---|---|
| Production Dates | Apr 2012 - Nov 2025 |
| Total Oil Production | 819,890 BBLs |
| Total Gas Production | 3,077,199 MCF |
| Recent Oil Production | 1,370 BBLs in Nov 2025 |
| Recent Gas Production | 1,770 MCF in Nov 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for Cotton Draw 1
ShaleAssessment™
$95,281 *
MarketMultiple™
$221,773 **
* 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 Cotton Draw 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Armstrong 26 23 | Eddy County, NM | 19,837 BBLs | 106,071 MCF | Nov 2025 |
| Armstrong 26 35 W | Eddy County, NM | 16,412 BBLs | 103,202 MCF | Nov 2025 |
| Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Big Sinks Draw 25 | Eddy County, NM | 1,961 BBLs | 4,927 MCF | Nov 2025 |
| Chincoteague | Lea County, NM | 17,961 BBLs | 74,214 MCF | Nov 2025 |
| Chincoteague 8 32 Federal | Lea County, NM | 189,016 BBLs | 1,242,708 MCF | Nov 2025 |
| Cotton Draw | Lea County, NM | 326,357 BBLs | 2,597,942 MCF | Nov 2025 |
| Cotton Draw | Eddy County, NM | 80 BBLs | 238 MCF | Nov 2025 |
| Exmoor 10 34 Federal Com | Eddy County, NM | 72,107 BBLs | 809,337 MCF | Nov 2025 |
| Lusitano 27 | Eddy County, NM | 23,477 BBLs | 162,581 MCF | Nov 2025 |
| Morgan 25 13 Federal Com | Eddy County, NM | 847,728 BBLs | 4,264,468 MCF | Nov 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 61,840 BBLs | 285,268 MCF | Nov 2025 |
| Mule 23 11 Federal Com | Eddy County, NM | 91,218 BBLs | 613,040 MCF | Nov 2025 |
| Mustang 8 17 Federal | Lea County, NM | 24,586 BBLs | 93,201 MCF | Nov 2025 |
| Poker Lake | Eddy County, NM | 471,832 BBLs | 2,821,360 MCF | Nov 2025 |
| Poker Lake Unit CVX JV BS 0 | Eddy County, NM | 3,926 BBLs | 7,057 MCF | Nov 2025 |
| Shire 22 15 Federal Com | Eddy County, NM | 23,720 BBLs | 86,482 MCF | Nov 2025 |
| Shire 22 Federal | Eddy County, NM | 3,981 BBLs | 7,493 MCF | Nov 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 2,388 BBLs | 107,486 MCF | Nov 2025 |
| Trionyx 6 Federal | Lea County, NM | 2,461 BBLs | 15,584 MCF | Nov 2025 |
These are the closest 20 companies operating near the Cotton Draw 1 property.