Elevate Federal Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Elevate Federal Com

CountyLea County, NM
OperatorFRANKLIN MOUNTAIN ENERGY LLC
Production DatesDec 2023 - Jan 2024
Total Oil Production135,604 BBLs
Total Gas Production121,630 MCF
Recent Oil Production98,345 BBLs in Jan 2024
Recent Gas Production85,491 MCF in Jan 2024
Wells on Property3

Our Valuation Estimates for Elevate Federal Com

ShaleAssessment

Not Available

MarketMultiple

$5,079,568 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Elevate Federal Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Elevate Federal Com
from Dec 2023 to Jan 2024

Wells on Elevate Federal Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-48588ELEVATE FEDERAL COM 601HFranklin Mountain Energy LLCNewLea County, NM32.224043-103.344191
30-025-48589ELEVATE FEDERAL COM 701HFranklin Mountain Energy LLCNewLea County, NM32.224042-103.344304
30-025-48590ELEVATE FEDERAL COM 702HFranklin Mountain Energy LLCNewLea County, NM32.224044-103.344078

Leases included in Elevate Federal Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
330333ELEVATE FEDERAL COMFranklin Mountain Energy LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Elevate Federal Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angus State 24 35 16Lea County, NM4,926 BBLs3,722 MCFFeb 2024
Antelope 5 FederalLea County, NM0 BBLs0 MCFMar 2022
Beowulf 33 State ComLea County, NM4,190 BBLs13,486 MCFJan 2024
Bonaid Federal ComLea County, NM6,601 BBLs10,645 MCFFeb 2024
Brahman State 24 35 15Lea County, NM794 BBLs926 MCFFeb 2024
Breckenridge Federal ComLea County, NM24,517 BBLs77,332 MCFJan 2024
Coonskin FeeLea County, NM37,108 BBLs118,415 MCFFeb 2024
Georgetown Federal ComLea County, NM25,734 BBLs40,479 MCFJan 2024
Gladiator 3Lea County, NM1,564 BBLs3,319 MCFJan 2024
Golden Federal ComLea County, NM18,019 BBLs71,926 MCFJan 2024
Grendel 2 StateLea County, NM808 BBLs4,634 MCFJan 2024
Master Federal ComLea County, NM71,457 BBLs60,149 MCFJan 2024
Ouray Federal ComLea County, NM32,442 BBLs69,650 MCFJan 2024
Pork Pie State ComLea County, NM4,930 BBLs6,289 MCFFeb 2024
Prevail Federal ComLea County, NM102,288 BBLs85,710 MCFJan 2024
Seinfeld MH Federal UnitLea County, NM47,901 BBLs90,513 MCFFeb 2024
Seinfeld Mulva Federal UnitLea County, NM60,571 BBLs79,451 MCFFeb 2024
Triumph Federal ComLea County, NM91,507 BBLs77,985 MCFJan 2024
Viking Helmet State ComLea County, NM8,484 BBLs10,015 MCFFeb 2024
WoolworthLea County, NM0 BBLs0 MCFJul 2022