Oil & Gas Property in Lea County, NM
Key data points for Covington A Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Dec 2025 |
| Total Oil Production | 4,233,397 BBLs |
| Total Gas Production | 6,770,752 MCF |
| Recent Oil Production | 2,018 BBLs in Dec 2025 |
| Recent Gas Production | 2,148 MCF in Dec 2025 |
| Wells on Property | 51 |
Our Valuation Estimates for Covington A Federal
ShaleAssessment™
$173,567 *
MarketMultiple™
$235,124 **
* 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 Covington A Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Avogato 3 | Lea County, NM | 47,377 BBLs | 215,783 MCF | Dec 2025 |
| Bighorn 30 State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Bootleg Ridge | Lea County, NM | 0 BBLs | 0 MCF | Feb 2000 |
| Calmon 30 State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Checkerboard 2 | Lea County, NM | 129 BBLs | 757 MCF | Dec 2025 |
| Checkers 24 Federal | Lea County, NM | 105 BBLs | 1,423 MCF | Dec 2025 |
| Coriander 1 | Lea County, NM | 172,912 BBLs | 298,105 MCF | Dec 2025 |
| Jackalope 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Llama Mall 26 35 Federal | Lea County, NM | 95,928 BBLs | 376,833 MCF | Dec 2025 |
| Merchant Livestock 19 22 33 State Com | Lea County, NM | 611 BBLs | 652 MCF | Dec 2025 |
| Mule Deer 36 State | Lea County, NM | 134 BBLs | 824 MCF | Dec 2025 |
| Prize Federal | Lea County, NM | 38 BBLs | 62 MCF | Dec 2025 |
| Red Tank | Lea County, NM | 1,447 BBLs | 1,927 MCF | Dec 2025 |
| Red Tank 24 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Red Tank 3 | Lea County, NM | 8,942 BBLs | 49,681 MCF | Dec 2025 |
| Redchecker 14 Federal | Lea County, NM | 1 BBLs | 0 MCF | Dec 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Stack Cats 25 36 Federal Com | Lea County, NM | 69,264 BBLs | 296,443 MCF | Dec 2025 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 30,755 BBLs | 342,788 MCF | Dec 2025 |
| Tuna Nut 24 13 Federal Com | Lea County, NM | 272,301 BBLs | 561,254 MCF | Dec 2025 |
These are the closest 20 companies operating near the Covington A Federal property.