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 2026
Total Oil Production772,583 BBLs
Total Gas Production8,421,062 MCF
Recent Oil Production1,595 BBLs in Feb 2026
Recent Gas Production6,729 MCF in Feb 2026
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$23,031 *

MarketMultiple™

$242,143 **

* 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 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, NM0 BBLs0 MCFJan 2026
Atlantic 32 StateLea County, NM19 BBLs0 MCFFeb 2026
Bel Air 5 8 2BS Federal ComLea County, NM6,050 BBLs8,108 MCFFeb 2026
Bel Air 5 8 Federal ComLea County, NM5,733 BBLs10,320 MCFFeb 2026
Bondurant 1 12 Federal ComLea County, NM33,144 BBLs36,960 MCFFeb 2026
Bondurant FederalLea County, NM350 BBLs392 MCFFeb 2026
CochiseLea County, NM8 BBLs0 MCFFeb 2026
Corvette 4 33Lea County, NM8,013 BBLs26,518 MCFFeb 2026
Crazy Wolf 1 2 B2Lea County, NM189 BBLs10 MCFFeb 2026
Eland 32 18 33 RN State ComLea County, NM1,447 BBLs2,187 MCFFeb 2026
FederalLea County, NM2,941 BBLs6,193 MCFFeb 2026
FrenchLea County, NM230 BBLs171 MCFFeb 2026
Hudson 29 FederalLea County, NM24 BBLs4,975 MCFFeb 2026
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM118 BBLs54 MCFFeb 2026
Nellis FederalLea County, NM0 BBLs0 MCFJan 2026
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFJun 2023
South Corbin FederalLea County, NM159 BBLs132 MCFFeb 2026
Uncle SamLea County, NM51 BBLs3,288 MCFFeb 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