Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Jul 2025 |
Total Oil Production | 985,029 BBLs |
Total Gas Production | 2,992,140 MCF |
Recent Oil Production | 823 BBLs in Jun 2025 |
Recent Gas Production | 323 MCF in Jun 2025 |
Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$48,693 *
MarketMultiple™
$127,070 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Gem 8705 JV-P property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Anaconda 11 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Anaconda 11 14 | Lea County, NM | 6,452 BBLs | 5,794 MCF | Jun 2025 |
Anasazi 9 Federal | Lea County, NM | 0 BBLs | 46 MCF | Jul 2025 |
Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 103 MCF | Jun 2025 |
Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
Federal | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
Jade 34 3 1BS Federal Com | Lea County, NM | 8,802 BBLs | 48,740 MCF | Jun 2025 |
Jade 34 3 2BS | Lea County, NM | 8,468 BBLs | 13,356 MCF | Jun 2025 |
Jade 34 3 Federal Com | Lea County, NM | 48,978 BBLs | 96,674 MCF | Jun 2025 |
Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
Laguna Deep | Lea County, NM | 483 BBLs | 4,122 MCF | Jun 2025 |
Laguna Deep Federal Unit | Lea County, NM | 89 BBLs | 227 MCF | Jun 2025 |
Lone Ranger | Lea County, NM | 350 BBLs | 0 MCF | Jun 2025 |
Marshall 1 | Lea County, NM | 13 BBLs | 3,399 MCF | Jun 2025 |
Pennzoil | Lea County, NM | 106 BBLs | 638 MCF | Jun 2025 |
Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Smith Ranch | Lea County, NM | 11 BBLs | 0 MCF | Jun 2025 |
Teas Yates Unit | Lea County, NM | 120 BBLs | 0 MCF | Jul 2025 |
Tonto Federal | Lea County, NM | 87 BBLs | 0 MCF | Jun 2025 |
West Teas Yates Seven Rivers Unit | Lea County, NM | 387 BBLs | 144 MCF | Jun 2025 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.