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 - Feb 2026
Total Oil Production342,908 BBLs
Total Gas Production2,246,225 MCF
Recent Oil Production76 BBLs in Feb 2026
Recent Gas Production205 MCF in Feb 2026
Wells on Property7

Our Valuation Estimates for Federal

ShaleAssessment™

$5,969 *

MarketMultiple™

$10,774 **

* 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 Feb 2026

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, NM48 BBLs660 MCFFeb 2026
Bull DurhamLea County, NM37 BBLs775 MCFFeb 2026
CarterLea County, NM156 BBLs466 MCFFeb 2026
Conoco FederalLea County, NM57 BBLs571 MCFFeb 2026
DK 00Lea County, NM109 BBLs355 MCFFeb 2026
Duncan 19Lea County, NM539 BBLs2,191 MCFFeb 2026
Joe CamelLea County, NM0 BBLs94 MCFFeb 2026
Jones FederalLea County, NM41 BBLs583 MCFFeb 2026
KyteLea County, NM0 BBLs0 MCFJan 2020
Linda FederalLea County, NM36 BBLs153 MCFFeb 2026
Lucky StrikeLea County, NM48 BBLs994 MCFFeb 2026
M & M 00Lea County, NM55 BBLs1,587 MCFFeb 2026
PaydayLea County, NM101 BBLs1,975 MCFFeb 2026
Ralph EstateLea County, NM0 BBLs0 MCFJul 2020
SharpsLea County, NM45 BBLs217 MCFFeb 2026
T C FederalLea County, NM352 BBLs1,157 MCFFeb 2026
TCB StateLea County, NM88 BBLs277 MCFFeb 2026
TerryLea County, NM126 BBLs197 MCFFeb 2026
USA Bourdon 18Lea County, NM266 BBLs1,538 MCFFeb 2026
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.