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 2026 |
| Total Oil Production | 826,711 BBLs |
| Total Gas Production | 3,088,626 MCF |
| Recent Oil Production | 1,629 BBLs in May 2026 |
| Recent Gas Production | 1,590 MCF in May 2026 |
| Wells on Property | 10 |
Our Valuation Estimates for Cotton Draw 1
ShaleAssessment™
$87,976 *
MarketMultiple™
$211,257 **
* 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 | 30,595 BBLs | 160,355 MCF | May 2026 |
| Armstrong 26 35 W | Eddy County, NM | 20,955 BBLs | 124,457 MCF | May 2026 |
| Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Big Sinks Draw 25 | Eddy County, NM | 3,523 BBLs | 6,431 MCF | May 2026 |
| Chincoteague | Lea County, NM | 8,013 BBLs | 70,376 MCF | May 2026 |
| Chincoteague 8 32 Federal | Lea County, NM | 81,839 BBLs | 728,743 MCF | May 2026 |
| Cotton Draw | Eddy County, NM | 8 BBLs | 3,057 MCF | May 2026 |
| Cotton Draw | Lea County, NM | 276,652 BBLs | 2,501,313 MCF | May 2026 |
| Exmoor 10 34 Federal Com | Eddy County, NM | 320,399 BBLs | 2,100,176 MCF | May 2026 |
| Lusitano 27 | Eddy County, NM | 14,913 BBLs | 88,349 MCF | May 2026 |
| Morgan 25 13 Federal Com | Eddy County, NM | 238,276 BBLs | 1,888,878 MCF | May 2026 |
| Mule 11 23 Federal Com | Eddy County, NM | 42,168 BBLs | 270,307 MCF | May 2026 |
| Mule 23 11 Federal Com | Eddy County, NM | 89,646 BBLs | 680,459 MCF | May 2026 |
| Mustang 8 17 Federal | Lea County, NM | 13,543 BBLs | 63,887 MCF | May 2026 |
| Poker Lake | Eddy County, NM | 487,144 BBLs | 3,709,325 MCF | May 2026 |
| Redhead 31 Federal | Lea County, NM | 1,601 BBLs | 2,706 MCF | May 2026 |
| Shire 22 15 Federal Com | Eddy County, NM | 22,799 BBLs | 116,386 MCF | May 2026 |
| Shire 22 Federal | Eddy County, NM | 1,650 BBLs | 4,599 MCF | May 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,114 BBLs | 198,546 MCF | May 2026 |
| Trionyx 6 Federal | Lea County, NM | 2,970 BBLs | 20,660 MCF | May 2026 |
These are the closest 20 companies operating near the Cotton Draw 1 property.