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 - May 2025 |
Total Oil Production | 807,910 BBLs |
Total Gas Production | 3,052,921 MCF |
Recent Oil Production | 826 BBLs in May 2025 |
Recent Gas Production | 1,568 MCF in May 2025 |
Wells on Property | 10 |
Our Valuation Estimates for Cotton Draw 1
ShaleAssessment™
$104,024 *
MarketMultiple™
$278,622 **
* 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 | 33,862 BBLs | 178,150 MCF | May 2025 |
Armstrong 26 35 W | Eddy County, NM | 19,170 BBLs | 134,526 MCF | May 2025 |
Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
Big Sinks Draw 25 | Eddy County, NM | 2,827 BBLs | 11,205 MCF | May 2025 |
Chincoteague | Lea County, NM | 11,738 BBLs | 65,860 MCF | May 2025 |
Chincoteague 8 32 Federal State Com | Lea County, NM | 692,711 BBLs | 3,061,206 MCF | May 2025 |
Cotton Draw | Lea County, NM | 257,450 BBLs | 2,539,001 MCF | May 2025 |
Cotton Draw | Eddy County, NM | 1,894 BBLs | 6,152 MCF | May 2025 |
Exmoor 10 34 Federal Com | Eddy County, NM | 105,287 BBLs | 1,022,179 MCF | May 2025 |
Lusitano 27 | Eddy County, NM | 21,514 BBLs | 115,804 MCF | May 2025 |
Mule 11 23 Federal Com | Eddy County, NM | 107,207 BBLs | 388,445 MCF | May 2025 |
Mule 23 11 Federal Com | Eddy County, NM | 152,473 BBLs | 1,014,864 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 |
Poker Lake | Eddy County, NM | 437,186 BBLs | 2,888,272 MCF | May 2025 |
Poker Lake Unit CVX JV BS 0 | Eddy County, NM | 92 BBLs | 4,850 MCF | May 2025 |
Redhead 31 Federal | Lea County, NM | 574 BBLs | 2,869 MCF | May 2025 |
Shire 22 15 Federal Com | Eddy County, NM | 30,737 BBLs | 148,891 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 Cotton Draw 1 property.