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 - Sep 2025
Total Oil Production763,951 BBLs
Total Gas Production8,378,425 MCF
Recent Oil Production1,513 BBLs in Sep 2025
Recent Gas Production8,141 MCF in Sep 2025
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$25,559 *

MarketMultiple™

$287,015 **

* 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 Sep 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, NM96,601 BBLs96,859 MCFSep 2025
Atlantic 32 StateLea County, NM12 BBLs0 MCFSep 2025
Bel Air 5 8 2BS Federal ComLea County, NM6,245 BBLs10,452 MCFSep 2025
Bel Air 5 8 Federal ComLea County, NM14,506 BBLs24,806 MCFSep 2025
Bondurant 1 12 Federal ComLea County, NM52,661 BBLs26,330 MCFSep 2025
Bondurant FederalLea County, NM256 BBLs370 MCFSep 2025
CochiseLea County, NM6 BBLs0 MCFOct 2025
Corvette 4 33Lea County, NM11,848 BBLs34,036 MCFSep 2025
Crazy Wolf 1 2 B2Lea County, NM1,265 BBLs1,905 MCFSep 2025
Eland 32 18 33 RN State ComLea County, NM1,036 BBLs1,985 MCFSep 2025
FederalLea County, NM2,826 BBLs5,802 MCFOct 2025
FrenchLea County, NM325 BBLs236 MCFOct 2025
Hudson 29 FederalLea County, NM2 BBLs12,785 MCFOct 2025
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM267 BBLs27 MCFSep 2025
Nellis FederalLea County, NM82 BBLs5,174 MCFSep 2025
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFApr 2024
South Corbin FederalLea County, NM42 BBLs107 MCFOct 2025
Uncle SamLea County, NM34 BBLs4,088 MCFSep 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
Coterra Energy Operating E LLC
Earthstone Operating, LLC
Endeavor Energy Resources, LP
Harvey E Yates Company
Manzano Oil Corporation
Marathon Oil Company
Matador Production Company
Mewbourne Oil Company
Oleum Energy LLC
Oxy USA Inc
P-R-O Management, Inc.
Regeneration Energy, Corporation
Seely Oil Company
Southland Royalty Company
Special Energy Corp.
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