Oil & Gas Property in Lea County, NM
Key data points for Covington A Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2026 |
| Total Oil Production | 4,238,755 BBLs |
| Total Gas Production | 6,772,809 MCF |
| Recent Oil Production | 1,566 BBLs in Apr 2026 |
| Recent Gas Production | 413 MCF in Apr 2026 |
| Wells on Property | 51 |
Our Valuation Estimates for Covington A Federal
ShaleAssessment™
$165,164 *
MarketMultiple™
$252,367 **
* 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 | 39,521 BBLs | 353,301 MCF | May 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 | 190 BBLs | 588 MCF | May 2026 |
| Coriander 1 | Lea County, NM | 150,342 BBLs | 295,481 MCF | Apr 2026 |
| Jackalope 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Llama Mall 26 35 Federal | Lea County, NM | 78,097 BBLs | 243,650 MCF | May 2026 |
| Merchant Livestock 19 22 33 State Com | Lea County, NM | 150 BBLs | 161 MCF | Apr 2026 |
| Mule Deer 36 State | Lea County, NM | 0 BBLs | 123 MCF | May 2026 |
| Prize Federal | Lea County, NM | 170 BBLs | 48 MCF | May 2026 |
| Red Tank | Lea County, NM | 1,500 BBLs | 421 MCF | May 2026 |
| Red Tank 24 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Red Tank 3 | Lea County, NM | 6,409 BBLs | 72,966 MCF | May 2026 |
| Redchecker 14 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Shell State | Lea County, NM | 6 BBLs | 0 MCF | Apr 2026 |
| Stack Cats 25 36 Federal Com | Lea County, NM | 58,644 BBLs | 186,030 MCF | May 2026 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 30,519 BBLs | 103,004 MCF | May 2026 |
| Tuna Nut 24 13 Federal Com | Lea County, NM | 141,586 BBLs | 288,627 MCF | May 2026 |
These are the closest 20 companies operating near the Covington A Federal property.