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 - Sep 2025 |
| Total Oil Production | 815,850 BBLs |
| Total Gas Production | 3,070,219 MCF |
| Recent Oil Production | 3,026 BBLs in Sep 2025 |
| Recent Gas Production | 6,888 MCF in Sep 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for Cotton Draw 1
ShaleAssessment™
$98,277 *
MarketMultiple™
$202,051 **
* 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 | 24,225 BBLs | 153,384 MCF | Sep 2025 |
| Armstrong 26 35 W | Eddy County, NM | 20,975 BBLs | 141,574 MCF | Sep 2025 |
| Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Big Sinks Draw 25 | Eddy County, NM | 279 BBLs | 877 MCF | Sep 2025 |
| Chincoteague | Lea County, NM | 16,915 BBLs | 67,092 MCF | Sep 2025 |
| Chincoteague 8 32 Federal | Lea County, NM | 242,445 BBLs | 1,513,611 MCF | Sep 2025 |
| Cotton Draw | Lea County, NM | 398,305 BBLs | 3,048,964 MCF | Oct 2025 |
| Cotton Draw | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Exmoor 10 34 Federal Com | Eddy County, NM | 76,322 BBLs | 861,864 MCF | Sep 2025 |
| Lusitano 27 | Eddy County, NM | 25,137 BBLs | 144,433 MCF | Sep 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 58,272 BBLs | 269,313 MCF | Sep 2025 |
| Mule 23 11 Federal Com | Eddy County, NM | 82,773 BBLs | 622,225 MCF | Sep 2025 |
| Mustang 8 17 Federal | Lea County, NM | 29,485 BBLs | 105,787 MCF | Sep 2025 |
| Mustang 8 29 Federal Com | Lea County, NM | 6,964 BBLs | 21,057 MCF | Sep 2025 |
| Poker Lake | Eddy County, NM | 437,396 BBLs | 3,111,462 MCF | Sep 2025 |
| Poker Lake Unit CVX JV BS 0 | Eddy County, NM | 1,778 BBLs | 2,900 MCF | Sep 2025 |
| Redhead 31 Federal | Lea County, NM | 526 BBLs | 2,494 MCF | Oct 2025 |
| Shire 22 15 Federal Com | Eddy County, NM | 30,923 BBLs | 152,688 MCF | Sep 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,049 BBLs | 215,600 MCF | Sep 2025 |
| Trionyx 6 Federal | Lea County, NM | 5,144 BBLs | 35,370 MCF | Sep 2025 |
These are the closest 20 companies operating near the Cotton Draw 1 property.