Oil & Gas Property in Lea County, NM
Key data points for Covington A Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Apr 2026 |
| Total Oil Production | 4,237,778 BBLs |
| Total Gas Production | 6,771,588 MCF |
| Recent Oil Production | 2,437 BBLs in Mar 2026 |
| Recent Gas Production | 1,590 MCF in Mar 2026 |
| Wells on Property | 51 |
Our Valuation Estimates for Covington A Federal
ShaleAssessment™
$166,876 *
MarketMultiple™
$250,274 **
* 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 | 39,491 BBLs | 324,946 MCF | Apr 2026 |
| 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 | 0 BBLs | 0 MCF | Feb 2026 |
| Checkers 24 Federal | Lea County, NM | 98 BBLs | 608 MCF | Mar 2026 |
| Coriander 1 | Lea County, NM | 171,724 BBLs | 314,650 MCF | Mar 2026 |
| Jackalope 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Llama Mall 26 35 Federal | Lea County, NM | 85,373 BBLs | 257,510 MCF | Apr 2026 |
| Merchant Livestock 19 22 33 State Com | Lea County, NM | 640 BBLs | 735 MCF | Mar 2026 |
| Mule Deer 36 State | Lea County, NM | 22 BBLs | 403 MCF | Apr 2026 |
| Prize Federal | Lea County, NM | 146 BBLs | 179 MCF | Apr 2026 |
| Red Tank | Lea County, NM | 2,218 BBLs | 2,412 MCF | Apr 2026 |
| Red Tank 24 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Red Tank 3 | Lea County, NM | 6,370 BBLs | 59,105 MCF | Apr 2026 |
| Redchecker 14 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Stack Cats 25 36 Federal Com | Lea County, NM | 61,121 BBLs | 194,708 MCF | Apr 2026 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 26,310 BBLs | 200,076 MCF | Apr 2026 |
| Tuna Nut 24 13 Federal Com | Lea County, NM | 162,354 BBLs | 299,300 MCF | Apr 2026 |
These are the closest 20 companies operating near the Covington A Federal property.