Oil & Gas Property in Lea County, NM
Key data points for Gaucho 2
| County | Lea County, NM |
|---|---|
| Production Dates | Nov 1998 - May 2026 |
| Total Oil Production | 1,898,581 BBLs |
| Total Gas Production | 6,762,199 MCF |
| Recent Oil Production | 2,402 BBLs in May 2026 |
| Recent Gas Production | 15,918 MCF in May 2026 |
| Wells on Property | 8 |
Our Valuation Estimates for Gaucho 2
ShaleAssessment™
$118,138 *
MarketMultiple™
$673,782 **
* 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 Gaucho 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Cabra Nino 14 | Lea County, NM | 38,208 BBLs | 154,578 MCF | May 2026 |
| Chiso | Lea County, NM | 0 BBLs | 0 MCF | Nov 2018 |
| Crazy Goat 8711 14 11 State Com | Lea County, NM | 20,819 BBLs | 134,126 MCF | May 2026 |
| Gaucho Unit | Lea County, NM | 14,986 BBLs | 76,593 MCF | May 2026 |
| Grama 8817 | Lea County, NM | 50,079 BBLs | 100,342 MCF | May 2026 |
| Grama 8817 JV-P Federal Com 002H | Lea County, NM | 3,141 BBLs | 240 MCF | May 2026 |
| Maddox Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2022 |
| Maxus | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Maxus 8026 Federal | Lea County, NM | 30,961 BBLs | 102,882 MCF | May 2026 |
| North Ridge 8040 Federal Com | Lea County, NM | 21,354 BBLs | 53,693 MCF | May 2026 |
| Ojo Chiso | Lea County, NM | 56 BBLs | 450 MCF | May 2026 |
| Perro Loco 22 B | Lea County, NM | 2,455 BBLs | 9,032 MCF | May 2026 |
| Perro Loco 27 22 B | Lea County, NM | 10,375 BBLs | 23,606 MCF | May 2026 |
| Perro Loco 27 B | Lea County, NM | 12,166 BBLs | 26,599 MCF | May 2026 |
| Ring Neck 8817 26 Federal | Lea County, NM | 19,400 BBLs | 49,373 MCF | May 2026 |
| Rio Blanco | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Smalls Federal | Lea County, NM | 10,305 BBLs | 28,418 MCF | May 2026 |
| Speyside 18 Federal | Lea County, NM | 20,933 BBLs | 57,410 MCF | May 2026 |
| Squints Federal Com | Lea County, NM | 5,160 BBLs | 24,783 MCF | May 2026 |
| Tour Bus 23 | Lea County, NM | 65,102 BBLs | 170,447 MCF | May 2026 |
These are the closest 20 companies operating near the Gaucho 2 property.