Gateway 2 State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Gateway 2 State

CountyLea County, NM
OperatorCAZA OPERATING, LLC
Production DatesNov 2013 - Jan 2025
Total Oil Production36,252 BBLs
Total Gas Production21,529 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Gateway 2 State

ShaleAssessment™

$2,579 *

MarketMultiple™

$33,389 **

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

Based on a decimal interest

Gateway 2 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gateway 2 State
from Nov 2013 to Jan 2025

Wells on Gateway 2 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41095GATEWAY 2 STATE 001CCAZA OPERATING, LLCCancelledLea County, NM32.695671-103.430161
30-025-41096GATEWAY 2 STATE COM 002HCAZA OPERATING, LLCActiveLea County, NM32.695278-103.434448

Leases included in Gateway 2 State

Lease #Lease NameOperatorCounty
39801GATEWAY 2 STATECAZA OPERATING, LLCLea County, NM
40100GATEWAY 2 STATE COMCAZA OPERATING, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Gateway 2 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alpha State ComLea County, NM87,850 BBLs57,853 MCFFeb 2025
Belgian Blue 28 21 State ComLea County, NM56,884 BBLs43,560 MCFFeb 2025
Blue Box Federal ComLea County, NM6,510 BBLs4,050 MCFFeb 2025
Cable 19 35Lea County, NM0 BBLs0 MCFJan 2025
Eagle State ComLea County, NM15,855 BBLs11,024 MCFFeb 2025
ElkanLea County, NM0 BBLs0 MCFMar 1996
Hibiscus 08 19 35 RN State ComLea County, NM885 BBLs1,440 MCFFeb 2025
Ironhouse 3Lea County, NM0 BBLs0 MCFSep 2024
New Mexico DD StateLea County, NM77 BBLs0 MCFFeb 2025
Norte State ComLea County, NM3,214 BBLs2,471 MCFFeb 2025
Pearl StateLea County, NM0 BBLs0 MCFSep 2012
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
Reeves 26Lea County, NM0 BBLs0 MCFSep 2024
ScharbLea County, NM0 BBLs0 MCFJun 2021
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
South VacuumLea County, NM106 BBLs3 MCFFeb 2025
Sprinkle FederalLea County, NM0 BBLs0 MCFMar 2007
StateLea County, NM0 BBLs0 MCFSep 2001
TMBR 1 StateLea County, NM0 BBLs0 MCFDec 2024
Vacuum StateLea County, NM0 BBLs0 MCFApr 2007

Companies in the Area

These are the closest 20 companies operating near the Gateway 2 State property.

Company Name
Atlas Operating LLC
Baytech Inc
Catena Resources Operating, LLC
Dallas Production
Elk Oil Company
EOG Y Resources Inc
Franklin Mountain Energy 3, LLC
Fred Pool DRLG Inc
G And C Operating, LLC
J & G Enterprise LTD., Co.
Linn Operating LLC
Lynx Petroleum Consultants Inc.
Marathon Oil Permian LLC
Matador Production Company
Maverick Operating, LLC
McElvain Energy Inc
Mewbourne Oil Company
Morexco Inc
SDX Resources, Inc.
Southland Royalty Company