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 - May 2026
Total Oil Production778,152 BBLs
Total Gas Production8,439,836 MCF
Recent Oil Production1,376 BBLs in May 2026
Recent Gas Production4,420 MCF in May 2026
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$22,442 *

MarketMultiple™

$235,508 **

* 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 May 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, NM11,390 BBLs30,675 MCFMay 2026
Atlantic 32 StateLea County, NM30 BBLs0 MCFMay 2026
Bel Air 5 8 2BS Federal ComLea County, NM2,214 BBLs7,230 MCFMay 2026
Bel Air 5 8 Federal ComLea County, NM12,129 BBLs20,925 MCFMay 2026
Bondurant 1 12 Federal ComLea County, NM15,154 BBLs15,093 MCFMay 2026
Bondurant FederalLea County, NM271 BBLs311 MCFMay 2026
Corvette 4 33 Federal ComLea County, NM9,822 BBLs29,266 MCFMay 2026
Crazy Wolf 1 2 B2Lea County, NM1,029 BBLs523 MCFMay 2026
Eland 32 18 33 RN State ComLea County, NM1,837 BBLs2,856 MCFMay 2026
Emerald Federal ComLea County, NM34,099 BBLs21,400 MCFMay 2026
FederalLea County, NM4,257 BBLs7,405 MCFMay 2026
FrenchLea County, NM271 BBLs273 MCFMay 2026
Hudson 29 FederalLea County, NM0 BBLs0 MCFApr 2026
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM259 BBLs33 MCFMay 2026
Nellis FederalLea County, NM77 BBLs5,548 MCFMay 2026
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFDec 2023
South Corbin FederalLea County, NM167 BBLs177 MCFMay 2026
Uncle SamLea County, NM44 BBLs410 MCFMay 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