Gazelle 3

Oil & Gas Property in Lea County, NM

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Property Summary

Key data points for Gazelle 3

CountyLea County, NM
OperatorEARTHSTONE OPERATING, LLC
Production DatesOct 1998 - Jun 2026
Total Oil Production779,507 BBLs
Total Gas Production8,443,667 MCF
Recent Oil Production1,355 BBLs in Jun 2026
Recent Gas Production3,845 MCF in Jun 2026
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment

$22,188 *

MarketMultiple

$255,074 **

* 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 Jun 2026

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, NM34,752 BBLs64,570 MCFJun 2026
Atlantic 32 StateLea County, NM58 BBLs0 MCFJun 2026
Bel Air 5 8 2BS Federal ComLea County, NM4,065 BBLs9,439 MCFJun 2026
Bel Air 5 8 Federal ComLea County, NM10,588 BBLs19,838 MCFJun 2026
Bondurant 1 12 Federal ComLea County, NM14,201 BBLs16,514 MCFJun 2026
Bondurant FederalLea County, NM312 BBLs330 MCFJun 2026
Corvette 4 33Lea County, NM10,086 BBLs31,036 MCFJun 2026
Crazy Wolf 1 2 B2Lea County, NM517 BBLs430 MCFJun 2026
Eland 32 18 33 RN State ComLea County, NM1,780 BBLs2,772 MCFJun 2026
Emerald Federal ComLea County, NM138,506 BBLs91,926 MCFJun 2026
FederalLea County, NM3,492 BBLs6,717 MCFJul 2026
FrenchLea County, NM204 BBLs263 MCFJun 2026
Hudson 29 FederalLea County, NM0 BBLs0 MCFJul 2026
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM285 BBLs29 MCFJun 2026
Nellis FederalLea County, NM48 BBLs4,493 MCFJun 2026
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFJun 2023
South Corbin FederalLea County, NM156 BBLs168 MCFJun 2026
Uncle SamLea County, NM33 BBLs5,703 MCFJun 2026

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