Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Feb 2025 |
Total Oil Production | 980,467 BBLs |
Total Gas Production | 2,988,068 MCF |
Recent Oil Production | 1,015 BBLs in Feb 2025 |
Recent Gas Production | 975 MCF in Feb 2025 |
Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$51,883 *
MarketMultiple™
$117,655 **
* 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 | 7,223 BBLs | 6,572 MCF | Feb 2025 |
Anasazi 9 Federal | Lea County, NM | 0 BBLs | 314 MCF | Feb 2025 |
Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 181 MCF | Feb 2025 |
Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Jade 34 3 1BS Federal Com | Lea County, NM | 13,525 BBLs | 44,510 MCF | Feb 2025 |
Jade 34 3 2BS | Lea County, NM | 11,524 BBLs | 11,417 MCF | Feb 2025 |
Jade 34 3 Federal Com | Lea County, NM | 57,294 BBLs | 83,242 MCF | Feb 2025 |
Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
Laguna Deep | Lea County, NM | 1,354 BBLs | 6,169 MCF | Feb 2025 |
Laguna Deep Federal Unit | Lea County, NM | 146 BBLs | 249 MCF | Feb 2025 |
Lone Ranger | Lea County, NM | 102 BBLs | 0 MCF | Feb 2025 |
Marshall 1 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
Pennzoil | Lea County, NM | 427 BBLs | 1,929 MCF | Feb 2025 |
Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Smith Ranch | Lea County, NM | 1 BBLs | 0 MCF | Feb 2025 |
Teas Yates Unit | Lea County, NM | 151 BBLs | 0 MCF | Feb 2025 |
Tonto Federal | Lea County, NM | 77 BBLs | 0 MCF | Feb 2025 |
West Teas Yates Seven Rivers Unit | Lea County, NM | 465 BBLs | 165 MCF | Feb 2025 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.