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 - Dec 2025
Total Oil Production1,878,543 BBLs
Total Gas Production6,650,823 MCF
Recent Oil Production6,192 BBLs in Dec 2025
Recent Gas Production29,649 MCF in Dec 2025
Wells on Property8

Our Valuation Estimates for Gaucho 2

ShaleAssessment™

$125,971 *

MarketMultiple™

$798,067 **

* 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 Dec 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, NM65,802 BBLs207,283 MCFDec 2025
ChisoLea County, NM0 BBLs0 MCFNov 2018
Crazy Goat 8711 14 11 State ComLea County, NM29,069 BBLs129,431 MCFDec 2025
Gaucho UnitLea County, NM17,209 BBLs82,772 MCFDec 2025
Grama 8817Lea County, NM59,592 BBLs113,979 MCFDec 2025
Grama 8817 JV-P Federal Com 002HLea County, NM3,102 BBLs0 MCFDec 2025
Maddox FederalLea County, NM0 BBLs0 MCFJun 2022
MaxusLea County, NM0 BBLs0 MCFJan 2023
Maxus 8026 FederalLea County, NM38,387 BBLs127,825 MCFDec 2025
North Ridge 8040 Federal ComLea County, NM26,663 BBLs56,758 MCFDec 2025
Ojo ChisoLea County, NM90 BBLs1,465 MCFDec 2025
Perro Loco 22 BLea County, NM1,167 BBLs1,356 MCFDec 2025
Perro Loco 27 22 BLea County, NM6,020 BBLs14,659 MCFDec 2025
Perro Loco 27 BLea County, NM7,594 BBLs12,927 MCFDec 2025
Ring Neck 8817 26 FederalLea County, NM25,524 BBLs57,788 MCFDec 2025
Rio BlancoLea County, NM0 BBLs0 MCFAug 2025
Smalls FederalLea County, NM7,878 BBLs32,041 MCFDec 2025
Speyside 18 FederalLea County, NM8,008 BBLs21,003 MCFDec 2025
Squints Federal ComLea County, NM10,150 BBLs43,141 MCFDec 2025
Tour Bus 23Lea County, NM92,553 BBLs186,688 MCFDec 2025

Companies in the Area

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

Company Name
Apache Corporation
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, L.P.
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
Paloma Permian Assetco, 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