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 - Aug 2025
Total Oil Production342,472 BBLs
Total Gas Production1,008,972 MCF
Recent Oil Production826 BBLs in Jul 2025
Recent Gas Production1,650 MCF in Jul 2025
Wells on Property6

Our Valuation Estimates for Fanning

ShaleAssessment™

$25,012 *

MarketMultiple™

$97,281 **

* 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 Aug 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, NM566 BBLs3,065 MCFAug 2025
C E LamunyonLea County, NM2,026 BBLs16,143 MCFAug 2025
E C HillLea County, NM0 BBLs0 MCFJun 2025
E C Hill BLea County, NM280 BBLs1,757 MCFAug 2025
E C Hill D FederalLea County, NM0 BBLs126 MCFAug 2025
E E Blinebry A Federal NCT-1 ComLea County, NM0 BBLs83 MCFJul 2025
Eva Blinebry BLea County, NM121 BBLs0 MCFAug 2025
Eva E BlinebryLea County, NM0 BBLs0 MCFMay 2025
G G TravisLea County, NM49 BBLs4,694 MCFAug 2025
G H MattixLea County, NM86 BBLs0 MCFAug 2025
HodgeLea County, NM0 BBLs711 MCFAug 2025
Hunt 2Lea County, NM0 BBLs0 MCFMar 2017
LamunyonLea County, NM0 BBLs0 MCFAug 2017
M K StewartLea County, NM0 BBLs0 MCFAug 2025
Myers B FederalLea County, NM1 BBLs2,979 MCFAug 2025
Myers Langlie Mattix UnitLea County, NM1,244 BBLs686 MCFAug 2025
Myers Langlie Mattix Unit 1Lea County, NM58 BBLs15 MCFAug 2025
ReslerLea County, NM0 BBLs758 MCFAug 2025
SaltmountLea County, NM83 BBLs1,994 MCFAug 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