Fanning

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Fanning Oil & Gas Property

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Property Summary

Key data points for Fanning

CountyLea County, NM
Production DatesJan 1993 - Jul 2025
Total Oil Production341,411 BBLs
Total Gas Production1,006,646 MCF
Recent Oil Production757 BBLs in Jun 2025
Recent Gas Production1,594 MCF in Jun 2025
Wells on Property6

Our Valuation Estimates for Fanning

ShaleAssessment™

$25,367 *

MarketMultiple™

$98,342 **

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

Based on a decimal interest

Fanning Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Fanning
from Jan 1993 to Jul 2025

Wells on Fanning

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-22312FANNING B 001FAE II Operating LLCActiveLea County, NM32.267166-103.160378
30-025-22364FANNING A 001FAE II Operating LLCActiveLea County, NM32.267170-103.164650
30-025-22536FANNING 006FULFER OIL & CATTLE LLCActiveLea County, NM32.263538-103.160370
30-025-35141FANNING 4 001Empire New Mexico LLCActiveLea County, NM32.251133-103.166023
30-025-35731FANNING 4 002Empire New Mexico LLCActiveLea County, NM32.248875-103.165634
30-025-39879FANNING B 002FAE II Operating LLCActiveLea County, NM32.265354-103.160378

Leases included in Fanning

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
306773FANNINGFULFER OIL & CATTLE LLCLea County, NM
331163FANNING BFAE II Operating LLCLea County, NM
331164FANNING AFAE II Operating LLCLea County, NM
331240FANNING 4Empire New Mexico LLCLea County, NM

Operators Associated With Fanning

Nearby Properties

These are the closest 20 properties to the Fanning property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baylus Cade FederalLea County, NM789 BBLs3,302 MCFJun 2025
C E LamunyonLea County, NM2,031 BBLs15,673 MCFJun 2025
E C HillLea County, NM4 BBLs12 MCFJun 2025
E C Hill BLea County, NM546 BBLs2,094 MCFJun 2025
E C Hill D FederalLea County, NM0 BBLs150 MCFJun 2025
E E Blinebry A Federal NCT-1 ComLea County, NM0 BBLs44 MCFJun 2025
Eva Blinebry BLea County, NM130 BBLs0 MCFJul 2025
Eva E BlinebryLea County, NM0 BBLs0 MCFMay 2025
G G TravisLea County, NM42 BBLs4,646 MCFJun 2025
G H MattixLea County, NM73 BBLs0 MCFJul 2025
HodgeLea County, NM0 BBLs809 MCFJun 2025
Hunt 2Lea County, NM0 BBLs0 MCFMar 2017
LamunyonLea County, NM0 BBLs0 MCFAug 2017
M K StewartLea County, NM0 BBLs0 MCFMay 2025
Myers B FederalLea County, NM14 BBLs2,927 MCFJun 2025
Myers Langlie Mattix UnitLea County, NM1,244 BBLs757 MCFJun 2025
Myers Langlie Mattix Unit 1Lea County, NM46 BBLs21 MCFJun 2025
ReslerLea County, NM0 BBLs381 MCFJun 2025
SaltmountLea County, NM21 BBLs2,268 MCFJun 2025
Teague 2 StateLea County, NM0 BBLs0 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the Fanning property.

Company Name
Arch Petroleum Inc.
BP America Production Company
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Empire New Mexico LLC
Enervest Operating LLC
Fae II Operating LLC
Grizzly Operating LLC
J R Oil, LTD. Co.
John H Hendrix Corp
Latigo Petroleum, Inc.
Oxy USA Inc
Oxy USA WTP Limited Partnership
Plains Petroleum Operating Co.
Pogo Producing Company
Range Operating New Mexico LLC
Raybaw Operating, LLC
Saga Petroleum Limited Liability Co.
Texaco Expl. And Prod. Inc.
Three Forks Resources LLC