Gaucho 2

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Gaucho 2

CountyLea County, NM
Production DatesNov 1998 - May 2025
Total Oil Production1,839,135 BBLs
Total Gas Production6,469,510 MCF
Recent Oil Production5,745 BBLs in May 2025
Recent Gas Production27,558 MCF in May 2025
Wells on Property8

Our Valuation Estimates for Gaucho 2

ShaleAssessment™

$140,367 *

MarketMultiple™

$852,528 **

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

Based on a decimal interest

Gaucho 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gaucho 2
from Nov 1998 to May 2025

Wells on Gaucho 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-34266GAUCHO 21 FEDERAL 001DEVON ENERGY PRODUCTION COMPANY, LPActiveLea County, NM32.375389-103.481384
30-025-34576GAUCHO 28 FEDERAL 001DEVON SFS OPERATING INCCancelledLea County, NM32.360885-103.481403
30-025-40626GAUCHO 21 FEDERAL 002HDEVON ENERGY PRODUCTION COMPANY, LPActiveLea County, NM32.370979-103.482315
30-025-42136GAUCHO 21 FEDERAL 003HDEVON ENERGY PRODUCTION COMPANY, LPActiveLea County, NM32.370491-103.478814
30-025-42137GAUCHO 21 FEDERAL 004HDEVON ENERGY PRODUCTION COMPANY, LPActiveLea County, NM32.370490-103.478651
30-025-44177GAUCHO 21 FEDERAL 005HDEVON ENERGY PRODUCTION COMPANY, LPCancelledLea County, NM32.369918-103.475018
30-025-44178GAUCHO 21 FEDERAL 006HDEVON ENERGY PRODUCTION COMPANY, LPActiveLea County, NM32.370826-103.468121
30-025-45238GAUCHO 21 FEDERAL 007HDEVON ENERGY PRODUCTION COMPANY, LPActiveLea County, NM32.370826-103.468218

Leases included in Gaucho 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
24179GAUCHO 28 FEDERALDEVON SFS OPERATING INCLea County, NM
30864GAUCHO 21 FEDERALDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM

Operators Associated With Gaucho 2

Nearby Properties

These are the closest 20 properties to the Gaucho 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cabra Nino 14Lea County, NM28,544 BBLs79,588 MCFMay 2025
ChisoLea County, NM0 BBLs0 MCFNov 2018
Crazy Goat 8711 14 11 State ComLea County, NM49,881 BBLs172,980 MCFMay 2025
Gaucho UnitLea County, NM19,618 BBLs92,747 MCFMay 2025
Grama 8817Lea County, NM99,685 BBLs185,169 MCFMay 2025
Grama 8817 JV-P Federal Com 002HLea County, NM2,179 BBLs179 MCFMay 2025
Maddox FederalLea County, NM0 BBLs0 MCFJun 2022
MaxusLea County, NM0 BBLs0 MCFDec 2022
Maxus 8026 FederalLea County, NM46,171 BBLs105,138 MCFMay 2025
North Ridge 8040 Federal ComLea County, NM18,112 BBLs49,555 MCFMay 2025
Ojo ChisoLea County, NM76 BBLs1,374 MCFMay 2025
Perro Loco 22 BLea County, NM2,087 BBLs4,608 MCFMay 2025
Perro Loco 27 22 BLea County, NM13,183 BBLs29,357 MCFMay 2025
Perro Loco 27 BLea County, NM5,995 BBLs6,324 MCFMay 2025
Ring Neck 8817 26 FederalLea County, NM43,962 BBLs61,038 MCFMay 2025
Rio BlancoLea County, NM0 BBLs876 MCFMay 2025
Smalls FederalLea County, NM13,913 BBLs31,938 MCFMay 2025
Speyside 18 FederalLea County, NM24,686 BBLs73,868 MCFMay 2025
Squints Federal ComLea County, NM9,538 BBLs30,071 MCFMay 2025
Tour Bus 23Lea County, NM2,674 BBLs10,150 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the Gaucho 2 property.

Company Name
Apache Corporation
Avant Operating, LLC
Bold Energy, L.P.
Bta Oil Producers
Bta Oil Producers, LLC
C W Trainer
Chevron USA Inc
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company LP
Devon SFS Operating Inc
Earthstone Operating, LLC
EOG Resources, Inc.
GMT Exploration Company LLC
Kaiser-Francis Oil Company
Marathon Oil Permian LLC
Mewbourne Oil Company
Novo Oil & Gas Northern Delaware, LLC
Permian Resources Operating, LLC
Samson Resources Company

Frac'ing activity on Gaucho 2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-34266Gaucho `21` Federal 1
30-025-40626Gaucho `21` Federal 2H
30-025-42136Gaucho 21 Fed 3H
30-025-42137Gaucho 21 Fed 4H
30-025-44178Gaucho 21 Fed 6H
30-025-45238Gaucho 21 Fed 7H