Oil & Gas Property in Lea County, NM
Key data points for Covington A Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Sep 2025 |
| Total Oil Production | 4,227,012 BBLs |
| Total Gas Production | 6,764,872 MCF |
| Recent Oil Production | 3,184 BBLs in Sep 2025 |
| Recent Gas Production | 2,606 MCF in Sep 2025 |
| Wells on Property | 51 |
Our Valuation Estimates for Covington A Federal
ShaleAssessment™
$179,791 *
MarketMultiple™
$164,310 **
* 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 | 45,053 BBLs | 271,292 MCF | Sep 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 | 123 BBLs | 629 MCF | Oct 2025 |
| Checkers 24 Federal | Lea County, NM | 161 BBLs | 1,607 MCF | Sep 2025 |
| Coriander | Lea County, NM | 15,873 BBLs | 134,847 MCF | Sep 2025 |
| Coriander 1 | Lea County, NM | 49,435 BBLs | 147,721 MCF | Sep 2025 |
| Jackalope 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Llama Mall 26 35 Federal | Lea County, NM | 100,053 BBLs | 244,641 MCF | Sep 2025 |
| Merchant Livestock 19 22 33 State Com | Lea County, NM | 28 BBLs | 24 MCF | Sep 2025 |
| Mule Deer 36 State | Lea County, NM | 140 BBLs | 930 MCF | Sep 2025 |
| Prize Federal | Lea County, NM | 87 BBLs | 0 MCF | Sep 2025 |
| Red Tank | Lea County, NM | 1,251 BBLs | 1,290 MCF | Oct 2025 |
| Red Tank 24 | Lea County, NM | 0 BBLs | 2,339 MCF | Oct 2025 |
| Red Tank 3 | Lea County, NM | 5,921 BBLs | 22,933 MCF | Sep 2025 |
| Redchecker 14 Federal | Lea County, NM | 71 BBLs | 134 MCF | Oct 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Stack Cats 25 36 Federal Com | Lea County, NM | 73,771 BBLs | 299,162 MCF | Sep 2025 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 42,792 BBLs | 123,920 MCF | Sep 2025 |
These are the closest 20 companies operating near the Covington A Federal property.