Gazelle 3

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Gazelle 3

CountyLea County, NM
OperatorEARTHSTONE OPERATING, LLC
Production DatesOct 1998 - Feb 2025
Total Oil Production749,390 BBLs
Total Gas Production8,315,956 MCF
Recent Oil Production1,935 BBLs in Feb 2025
Recent Gas Production7,808 MCF in Feb 2025
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$27,856 *

MarketMultiple™

$367,931 **

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

Based on a decimal interest

Gazelle 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gazelle 3
from Oct 1998 to Feb 2025

Wells on Gazelle 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-34317GAZELLE 31 FEDERAL 001Earthstone Operating, LLCActiveLea County, NM32.705658-103.699135
30-025-35009GAZELLE 32 STATE 001Earthstone Operating, LLCActiveLea County, NM32.698425-103.691612
30-025-35339GAZELLE 31 FEDERAL 003Earthstone Operating, LLCActiveLea County, NM32.702042-103.695908
30-025-43906GAZELLE 32 STATE COM 2BS 001HEarthstone Operating, LLCActiveLea County, NM32.710632-103.689561
30-025-43907GAZELLE 32 STATE COM 2BS 002HEarthstone Operating, LLCNewLea County, NM32.710633-103.689366
30-025-44197GAZELLE 32 STATE COM 2BS 002YEarthstone Operating, LLCActiveLea County, NM32.710632-103.689691
30-025-45131GAZELLE 32 STATE COM 1BS 003HEarthstone Operating, LLCActiveLea County, NM32.710879-103.689692
30-025-46271GAZELLE 32 STATE COM 1BS 004HEarthstone Operating, LLCActiveLea County, NM32.710880-103.689562

Leases included in Gazelle 3

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
332557GAZELLE 31 FEDERALEarthstone Operating, LLCLea County, NM
332558GAZELLE 32 STATEEarthstone Operating, LLCLea County, NM
332559GAZELLE 32 STATE COM 1BSEarthstone Operating, LLCLea County, NM
332560GAZELLE 32 STATE COM 2BSEarthstone Operating, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Gazelle 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlantic 32 StateLea County, NM28 BBLs0 MCFFeb 2025
Bel Air 5 8 2BS Federal ComLea County, NM5,997 BBLs4,773 MCFFeb 2025
Bel Air 5 8 Federal ComLea County, NM19,117 BBLs19,610 MCFFeb 2025
Bondurant FederalLea County, NM480 BBLs568 MCFFeb 2025
CochiseLea County, NM4 BBLs0 MCFFeb 2025
Corvette 4 33Lea County, NM16,555 BBLs38,101 MCFFeb 2025
Crazy Wolf 1 2 B2Lea County, NM2,202 BBLs3,407 MCFFeb 2025
Delorean 9 10Lea County, NM76,621 BBLs64,264 MCFFeb 2025
Eland 32 18 33 RN State ComLea County, NM1,382 BBLs2,135 MCFFeb 2025
FederalLea County, NM1,565 BBLs4,079 MCFFeb 2025
FrenchLea County, NM285 BBLs193 MCFFeb 2025
Hudson 29 FederalLea County, NM0 BBLs21,088 MCFFeb 2025
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM102 BBLs20 MCFFeb 2025
Nellis FederalLea County, NM139 BBLs4,658 MCFFeb 2025
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFDec 2023
South Corbin FederalLea County, NM8 BBLs26 MCFFeb 2025
Tijeras StateLea County, NM309 BBLs341 MCFFeb 2025
Uncle SamLea County, NM152 BBLs4,079 MCFFeb 2025

Companies in the Area

These are the closest 20 companies operating near the Gazelle 3 property.

Company Name
Burlington Resources Oil And Gas Co.
Cameron Oil & Gas Inc
Chesapeake Operating, Inc.
Cimarex Energy Co. Of Colorado
COG Operating LLC
Earthstone Operating, LLC
Endeavor Energy Resources, LP
Harvey E Yates Company
Manzano Oil Corporation
Marathon Oil Company
Matador Production Company
Mewbourne Oil Company
Occidental Permian LTD.
Oleum Energy LLC
Oxy USA Inc
P-R-O Management, Inc.
Seely Oil Company
Southland Royalty Company
Special Energy Corporation
Three Forks Resources LLC

Frac'ing activity on Gazelle 3

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-43906Gazelle 32 State Com 2BS 1H
30-025-44197Gazelle 32 State Com 2BS 002Y