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 - Feb 2025
Total Oil Production337,600 BBLs
Total Gas Production998,439 MCF
Recent Oil Production358 BBLs in Feb 2025
Recent Gas Production1,198 MCF in Feb 2025
Wells on Property6

Our Valuation Estimates for Fanning

ShaleAssessment™

$27,129 *

MarketMultiple™

$100,668 **

* 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 Feb 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, NM848 BBLs2,146 MCFFeb 2025
C E LamunyonLea County, NM2,050 BBLs19,348 MCFFeb 2025
E C HillLea County, NM140 BBLs471 MCFFeb 2025
E C Hill BLea County, NM260 BBLs2,633 MCFFeb 2025
E C Hill D FederalLea County, NM0 BBLs183 MCFFeb 2025
E E Blinebry A Federal NCT-1 ComLea County, NM0 BBLs0 MCFDec 2024
Eva Blinebry BLea County, NM140 BBLs0 MCFFeb 2025
Eva E BlinebryLea County, NM0 BBLs0 MCFJan 2025
G G TravisLea County, NM57 BBLs2,591 MCFFeb 2025
G H MattixLea County, NM70 BBLs0 MCFFeb 2025
HodgeLea County, NM0 BBLs659 MCFFeb 2025
Hunt 2Lea County, NM0 BBLs0 MCFMar 2017
LamunyonLea County, NM0 BBLs0 MCFAug 2017
M K StewartLea County, NM13 BBLs2 MCFFeb 2025
Myers B FederalLea County, NM8 BBLs252 MCFFeb 2025
Myers Langlie Mattix UnitLea County, NM697 BBLs457 MCFFeb 2025
Myers Langlie Mattix Unit 1Lea County, NM51 BBLs31 MCFFeb 2025
ReslerLea County, NM0 BBLs0 MCFJan 2025
SaltmountLea County, NM94 BBLs0 MCFFeb 2025
Teague 2 StateLea County, NM0 BBLs0 MCFJan 2025

Companies in the Area

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

Company Name
Arch Petroleum Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Doyle Hartman
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