Oil & Gas Property in Lea County, NM
Key data points for Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2025 |
| Total Oil Production | 338,690 BBLs |
| Total Gas Production | 3,847,670 MCF |
| Recent Oil Production | 927 BBLs in Feb 2025 |
| Recent Gas Production | 1,576 MCF in Feb 2025 |
| Wells on Property | 19 |
Our Valuation Estimates for Federal
ShaleAssessment™
$18,282 *
MarketMultiple™
$31,532 **
* 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 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Coyote 10 Federal | Lea County, NM | 186 BBLs | 86 MCF | Feb 2025 |
| Eagle 2 State | Lea County, NM | 3,755 BBLs | 5,847 MCF | Feb 2025 |
| Hudson Federal | Lea County, NM | 336 BBLs | 499 MCF | Feb 2025 |
| Laguna 23 Federal Com | Lea County, NM | 1,568 BBLs | 4,316 MCF | Feb 2025 |
| Laurie D Federal | Lea County, NM | 10 BBLs | 11 MCF | Feb 2025 |
| Lea Federal Unit | Lea County, NM | 1,785 BBLs | 19,185 MCF | Feb 2025 |
| Lea Unit | Lea County, NM | 46,164 BBLs | 138,717 MCF | Feb 2025 |
| Lynch 23 Federal Com | Lea County, NM | 2,964 BBLs | 13,114 MCF | Feb 2025 |
| Marathon Road 1 | Lea County, NM | 5,009 BBLs | 16,180 MCF | Feb 2025 |
| Mark Federal | Lea County, NM | 1,085 BBLs | 827 MCF | Feb 2025 |
| Mobil Lea State | Lea County, NM | 500 BBLs | 12 MCF | Feb 2025 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea | Lea County, NM | 5,974 BBLs | 7,085 MCF | Feb 2025 |
| North Lea 3 Federal Com | Lea County, NM | 3,789 BBLs | 4,023 MCF | Feb 2025 |
| Paloma 21 Federal Com | Lea County, NM | 5,334 BBLs | 9,320 MCF | Feb 2025 |
| Perry 22 Federal Com | Lea County, NM | 1,611 BBLs | 4,829 MCF | Feb 2025 |
| Quail 16 State | Lea County, NM | 6,447 BBLs | 8,980 MCF | Feb 2025 |
| Quail Federal | Lea County, NM | 692 BBLs | 2,074 MCF | Feb 2025 |
| Tiger 11 Federal | Lea County, NM | 374 BBLs | 103 MCF | Feb 2025 |
| Truman Federal | Lea County, NM | 141 BBLs | 1,838 MCF | Feb 2025 |
These are the closest 20 companies operating near the Federal property.