Oil & Gas Property in Lea County, NM
Key data points for Covington A Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 4,233,775 BBLs |
| Total Gas Production | 6,769,780 MCF |
| Recent Oil Production | 1,986 BBLs in Feb 2026 |
| Recent Gas Production | 900 MCF in Feb 2026 |
| Wells on Property | 51 |
Our Valuation Estimates for Covington A Federal
ShaleAssessment™
$170,252 *
MarketMultiple™
$231,484 **
* 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 | 40,203 BBLs | 303,249 MCF | Feb 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 | 3 BBLs | 2 MCF | Feb 2026 |
| Checkers 24 Federal | Lea County, NM | 0 BBLs | 1,393 MCF | Feb 2026 |
| Coriander 1 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Jackalope 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Llama Mall 26 35 Federal | Lea County, NM | 75,166 BBLs | 284,054 MCF | Feb 2026 |
| Merchant Livestock 19 22 33 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Mule Deer 36 State | Lea County, NM | 90 BBLs | 535 MCF | Feb 2026 |
| Prize Federal | Lea County, NM | 108 BBLs | 56 MCF | Feb 2026 |
| Red Tank | Lea County, NM | 949 BBLs | 1,353 MCF | Feb 2026 |
| Red Tank 24 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Red Tank 3 | Lea County, NM | 6,197 BBLs | 69,198 MCF | Feb 2026 |
| Redchecker 14 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Stack Cats 25 36 Federal Com | Lea County, NM | 56,713 BBLs | 201,385 MCF | Feb 2026 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 28,696 BBLs | 225,932 MCF | Feb 2026 |
| Tuna Nut 24 13 Federal Com | Lea County, NM | 166,957 BBLs | 334,340 MCF | Feb 2026 |
These are the closest 20 companies operating near the Covington A Federal property.