Gem 8705 JV-P

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Gem 8705 JV-P Oil & Gas Property

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Property Summary

Key data points for Gem 8705 JV-P

CountyLea County, NM
Production DatesJan 1993 - Dec 2025
Total Oil Production989,195 BBLs
Total Gas Production2,995,972 MCF
Recent Oil Production959 BBLs in Dec 2025
Recent Gas Production807 MCF in Dec 2025
Wells on Property16

Our Valuation Estimates for Gem 8705 JV-P

ShaleAssessment™

$45,387 *

MarketMultiple™

$97,343 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gem 8705 JV-P Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gem 8705 JV-P
from Jan 1993 to Dec 2025

Wells on Gem 8705 JV-P

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-29916GEM 8705 JV-P 001BTA OIL PRODUCERS, LLCActiveLea County, NM32.607605-103.631874
30-025-30468GEM 8705 JV-P 002BTA OIL PRODUCERS, LLCPlugged (Not Released)Lea County, NM32.607605-103.635071
30-025-30977GEM 8705 JV-P 003BTA OIL PRODUCERS, LLCActiveLea County, NM32.596752-103.631851
30-025-31209GEM 8705 JV-P 004BTA OIL PRODUCERS, LLCActiveLea County, NM32.596336-103.636154
30-025-31271GEM 8705 JV-P 005BTA OIL PRODUCERS, LLCActiveLea County, NM32.596748-103.639954
30-025-31318GEM 8705 JV-P 006HBTA OIL PRODUCERS, LLCActiveLea County, NM32.600380-103.636147
30-025-31319GEM 8705 JV-P 007BTA OIL PRODUCERSCancelledLea County, NM32.603983-103.640425
30-025-34726GEM 8705 JV-P 007BTA OIL PRODUCERS, LLCActiveLea County, NM32.599468-103.641510
30-025-34727GEM 8705 JV-P 008BTA OIL PRODUCERS, LLCPlugged (Not Released)Lea County, NM32.603077-103.641510
30-025-34754GEM 8705 JV-P 009DBTA OIL PRODUCERSCancelledLea County, NM32.606702-103.641496
30-025-34755GEM 8705 JV-P 011BTA OIL PRODUCERSCancelledLea County, NM32.603073-103.637196
30-025-34841GEM 8705 JV-P 009BTA OIL PRODUCERS, LLCActiveLea County, NM32.608509-103.628655
30-025-34858GEM 8705 JV-P 010DBTA OIL PRODUCERSCancelledLea County, NM32.606702-103.641496
30-025-40128GEM 8705 JV-P 012BTA OIL PRODUCERS, LLCCancelledLea County, NM32.603076-103.640426
30-025-40315GEM 8705 JV-P 010BTA OIL PRODUCERS, LLCPluggedLea County, NM32.606705-103.641502
30-025-40316GEM 8705 JV-P 011HBTA OIL PRODUCERS, LLCNewLea County, NM32.603973-103.627579

Leases included in Gem 8705 JV-P

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
2314GEM 8705 JV-PBTA OIL PRODUCERSLea County, NM
305261GEM 8705 JV-PBTA OIL PRODUCERS, LLCLea County, NM

Operators Associated With Gem 8705 JV-P

Nearby Properties

These are the closest 20 properties to the Gem 8705 JV-P property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anaconda 11Lea County, NM0 BBLs0 MCFDec 2022
Anaconda 11 14Lea County, NM6,169 BBLs5,795 MCFDec 2025
Anasazi 9 FederalLea County, NM0 BBLs107 MCFDec 2025
Bandit 15 Federal ComLea County, NM0 BBLs86 MCFDec 2025
Bate FederalLea County, NM0 BBLs0 MCFJun 2007
FederalLea County, NM0 BBLs0 MCFNov 2025
Jade 34 3 1BS Federal ComLea County, NM5,237 BBLs38,780 MCFDec 2025
Jade 34 3 2BSLea County, NM7,375 BBLs11,678 MCFDec 2025
Jade 34 3 Federal ComLea County, NM42,048 BBLs92,949 MCFDec 2025
Jade 34 FederalLea County, NM3 BBLs27 MCFDec 2025
Laguna DeepLea County, NM1,877 BBLs8,384 MCFDec 2025
Laguna Deep Federal UnitLea County, NM143 BBLs252 MCFDec 2025
Lone RangerLea County, NM218 BBLs0 MCFDec 2025
Marshall 1Lea County, NM0 BBLs962 MCFDec 2025
PennzoilLea County, NM371 BBLs1,135 MCFDec 2025
Python 3 FederalLea County, NM0 BBLs0 MCFDec 2022
Smith RanchLea County, NM2 BBLs0 MCFDec 2025
Teas Yates UnitLea County, NM242 BBLs0 MCFDec 2025
Tonto FederalLea County, NM290 BBLs0 MCFDec 2025
West Teas Yates Seven Rivers UnitLea County, NM174 BBLs90 MCFDec 2025

Companies in the Area

These are the closest 20 companies operating near the Gem 8705 JV-P property.

Company Name
Anadarko Petroleum Corporation
BXP Operating, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
COG Operating LLC
Coterra Energy Operating Co.
Dakota Resources, Inc
Devon Energy Operating Co., L.P.
Devon Energy Production Company, L.P.
Earthstone Operating, LLC
Marathon Oil Permian LLC
Merit Energy Company, LLC
Momentum Operating Co., Inc.
Murchison Oil And Gas, LLC
Nearburg Producing Company
Raybaw Operating, LLC
Samson Resources Company
Shackelford Oil Co
Spur Energy Partners LLC

Frac'ing activity on Gem 8705 JV-P

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-348588705 JV-P Gem 10
30-025-40315Gem, 8705 JV-P, #10
30-025-403168705 JV-P Gem 11H