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 - Mar 2026
Total Oil Production774,221 BBLs
Total Gas Production8,428,169 MCF
Recent Oil Production1,638 BBLs in Mar 2026
Recent Gas Production7,156 MCF in Mar 2026
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$22,858 *

MarketMultiple™

$234,255 **

* 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 Mar 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, NM53,103 BBLs91,841 MCFMar 2026
Atlantic 32 StateLea County, NM23 BBLs0 MCFMar 2026
Bel Air 5 8 2BS Federal ComLea County, NM4,037 BBLs6,753 MCFMar 2026
Bel Air 5 8 Federal ComLea County, NM7,620 BBLs12,859 MCFMar 2026
Bondurant 1 12 Federal ComLea County, NM31,386 BBLs36,716 MCFMar 2026
Bondurant FederalLea County, NM326 BBLs372 MCFMar 2026
CochiseLea County, NM0 BBLs0 MCFApr 2026
Corvette 4 33 Federal ComLea County, NM11,192 BBLs29,975 MCFMar 2026
Crazy Wolf 1 2 B2Lea County, NM1,327 BBLs1,151 MCFMar 2026
Eland 32 18 33 RN State ComLea County, NM1,902 BBLs2,898 MCFMar 2026
FederalLea County, NM5,003 BBLs9,454 MCFApr 2026
FrenchLea County, NM337 BBLs279 MCFMar 2026
Hudson 29 FederalLea County, NM15 BBLs13,630 MCFApr 2026
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM186 BBLs47 MCFMar 2026
Nellis FederalLea County, NM92 BBLs4,923 MCFMar 2026
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFJun 2023
South Corbin FederalLea County, NM180 BBLs193 MCFMar 2026
Uncle SamLea County, NM102 BBLs6,399 MCFMar 2026

Companies in the Area

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

Company Name
Burlington Resources Oil And Gas Co.
Cimarex Energy Co. Of Colorado
Coterra Energy Operating E LLC
Earthstone Operating, LLC
EOG Resources Inc
Fasken Oil And Ranch, LTD.
Harvey E Yates Company
J R Oil, LTD. Co.
J. M. Huber Corp.
Kaiser-Francis Oil Company
Manzano Oil Corporation
Marathon Oil Company
Matador Production Company
Occidental Permian LTD.
Oxy USA Inc
Ray Westall
Seely Oil Company
Special Energy Corp.
Spur Energy Partners LLC
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