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 - Dec 2025
Total Oil Production769,240 BBLs
Total Gas Production8,405,471 MCF
Recent Oil Production1,497 BBLs in Dec 2025
Recent Gas Production9,553 MCF in Dec 2025
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$23,331 *

MarketMultiple™

$256,744 **

* 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 Dec 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
Alpha Wolf 36 Federal ComLea County, NM81,056 BBLs115,901 MCFDec 2025
Atlantic 32 StateLea County, NM0 BBLs0 MCFOct 2025
Bel Air 5 8 2BS Federal ComLea County, NM7,377 BBLs11,478 MCFDec 2025
Bel Air 5 8 Federal ComLea County, NM10,493 BBLs19,882 MCFDec 2025
Bondurant 1 12 Federal ComLea County, NM54,352 BBLs53,820 MCFDec 2025
Bondurant FederalLea County, NM278 BBLs341 MCFDec 2025
CochiseLea County, NM18 BBLs0 MCFDec 2025
Corvette 4 33Lea County, NM8,072 BBLs25,814 MCFDec 2025
Crazy Wolf 1 2 B2Lea County, NM2,375 BBLs3,203 MCFDec 2025
Eland 32 18 33 RN State ComLea County, NM1,973 BBLs2,946 MCFDec 2025
FederalLea County, NM2,744 BBLs5,452 MCFDec 2025
FrenchLea County, NM259 BBLs272 MCFDec 2025
Hudson 29 FederalLea County, NM23 BBLs14,199 MCFDec 2025
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM265 BBLs47 MCFDec 2025
Nellis FederalLea County, NM99 BBLs5,150 MCFDec 2025
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFApr 2024
South Corbin FederalLea County, NM97 BBLs176 MCFDec 2025
Uncle SamLea County, NM32 BBLs5,748 MCFDec 2025

Companies in the Area

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

Company Name
Cameron Oil & Gas Inc
Chesapeake Operating, Inc.
Cimarex Energy Co. Of Colorado
COG Operating LLC
Earthstone Operating, LLC
Endeavor Energy Resources, LP
EOG Resources, Inc.
Fasken Oil And Ranch, LTD.
Harvey E Yates Company
J. M. Huber Corp.
Kaiser-Francis Oil Company
Lindenmuth & Associates Inc
Mack Energy Corporation
Marshall & Winston, Inc.
Matador Production Company
P-R-O Management, Inc.
Ray Westall
Raybaw Operating, LLC
Special Energy Corp.
Spur Energy Partners 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