Oil & Gas Property in Lea County, NM
Key data points for Emerald
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2024 |
| Total Oil Production | 210,402 BBLs |
| Total Gas Production | 2,442,829 MCF |
| Recent Oil Production | 86 BBLs in Feb 2024 |
| Recent Gas Production | 1,041 MCF in Feb 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Emerald
ShaleAssessment™
$12,218 *
MarketMultiple™
$17,739 **
* 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 Emerald property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| BP America | Lea County, NM | 218 BBLs | 683 MCF | Feb 2024 |
| Cain | Lea County, NM | 6 BBLs | 0 MCF | Feb 2024 |
| Diamond | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Herradura | Lea County, NM | 0 BBLs | 0 MCF | Jun 2017 |
| Jade 19 39 29 State Com | Lea County, NM | 397 BBLs | 650 MCF | Feb 2024 |
| L & M 00 | Lea County, NM | 647 BBLs | 2,742 MCF | Feb 2024 |
| McNeil | Lea County, NM | 0 BBLs | 0 MCF | Sep 1996 |
| McNeill | Lea County, NM | 527 BBLs | 1,433 MCF | Feb 2024 |
| Melot | Lea County, NM | 118 BBLs | 1,081 MCF | Feb 2024 |
| Nadine 2 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| Pinot | Lea County, NM | 156 BBLs | 710 MCF | Feb 2024 |
| Redtag | Lea County, NM | 556 BBLs | 3,246 MCF | Feb 2024 |
| Ruby | Lea County, NM | 0 BBLs | 0 MCF | Dec 2019 |
| Sapphire | Lea County, NM | 148 BBLs | 1,115 MCF | Feb 2024 |
| Schubert | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Selman | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Terry | Lea County, NM | 125 BBLs | 280 MCF | Feb 2024 |
| Tiffany | Lea County, NM | 99 BBLs | 826 MCF | Feb 2024 |
| Weltmer | Gaines County, TX | 572 BBLs | 8,755 MCF | Jan 2024 |
| Werta Federal | Lea County, NM | 594 BBLs | 1,310 MCF | Feb 2024 |
These are the closest 20 companies operating near the Emerald property.