Federal

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Federal

CountyLea County, NM
Production DatesJan 1993 - Oct 2025
Total Oil Production342,622 BBLs
Total Gas Production2,245,281 MCF
Recent Oil Production88 BBLs in Aug 2025
Recent Gas Production174 MCF in Aug 2025
Wells on Property7

Our Valuation Estimates for Federal

ShaleAssessment™

$6,308 *

MarketMultiple™

$10,596 **

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

Based on a decimal interest

Federal Production Graph

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

Wells on Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-07991FEDERAL 012Extex Operating CompanyTemporary Abandonment (Expired)Lea County, NM32.545876-103.091438
30-025-33182FEDERAL 24 001CHEVRON U S A INCPluggedLea County, NM32.553043-103.108513
30-025-33779FEDERAL 24 002CHEVRON U S A INCPluggedLea County, NM32.556702-103.104263
30-025-34103FEDERAL 24 003SOUTHWEST ROYALTIES INCActiveLea County, NM32.552570-103.099999
30-025-34104FEDERAL 24 004CHESAPEAKE OPERATING, INC.PluggedLea County, NM32.552597-103.095718
30-025-34199FEDERAL 24 005SOUTHWEST ROYALTIES INCActiveLea County, NM32.556728-103.099999
30-025-34200FEDERAL 24 006CHEVRON U S A INCPluggedLea County, NM32.556347-103.095718

Leases included in Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
29551FEDERAL 24CHESAPEAKE OPERATING, INC.Lea County, NM
310536FEDERAL 24CHEVRON U S A INCLea County, NM
330495FEDERALExtex Operating CompanyLea County, NM
331425FEDERAL 24SOUTHWEST ROYALTIES INCLea County, NM

Operators Associated With Federal

Nearby Properties

These are the closest 20 properties to the Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BuglerLea County, NM46 BBLs798 MCFOct 2025
Bull DurhamLea County, NM30 BBLs734 MCFOct 2025
Capps FederalLea County, NM302 BBLs412 MCFOct 2025
CarterLea County, NM196 BBLs455 MCFOct 2025
Conoco FederalLea County, NM14 BBLs93 MCFSep 2025
DK 00Lea County, NM77 BBLs81 MCFOct 2025
Duncan 19Lea County, NM493 BBLs2,280 MCFOct 2025
Joe CamelLea County, NM94 BBLs260 MCFOct 2025
Jones FederalLea County, NM6 BBLs78 MCFOct 2025
KyteLea County, NM0 BBLs0 MCFJan 2020
Linda FederalLea County, NM92 BBLs1,076 MCFOct 2025
Lucky StrikeLea County, NM67 BBLs1,053 MCFOct 2025
M & M 00Lea County, NM104 BBLs1,685 MCFOct 2025
PaydayLea County, NM95 BBLs1,251 MCFOct 2025
Ralph EstateLea County, NM0 BBLs0 MCFJul 2020
SharpsLea County, NM31 BBLs203 MCFOct 2025
T C FederalLea County, NM125 BBLs491 MCFOct 2025
TerryLea County, NM178 BBLs190 MCFOct 2025
USA Bourdon 18Lea County, NM211 BBLs1,507 MCFOct 2025
Wilshire FederalLea County, NM0 BBLs0 MCFApr 2001

Companies in the Area

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

Company Name
Apache Corporation
Burgundy Oil & Gas Of N M Inc
Capataz Operating Inc
Chesapeake Operating, Inc.
Chevron USA Inc
Conoco Inc
ConocoPhillips Company
Extex Operating Company
Falcon Creek Resources, Inc.
Hilcorp Energy Company
John H Hendrix Corp
Mewbourne Oil Company
Penroc Oil Corp.
Petroleum Exploration Company LTD., Limited
Pronghorn Management Corporation
Ray A Pierce
Southwest Royalties, Inc.
Trilogy Operating, Inc.
Xeric Oil & Gas Corporation
Yucca Energy, Inc.