Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jun 2026 |
| Total Oil Production | 994,437 BBLs |
| Total Gas Production | 2,999,787 MCF |
| Recent Oil Production | 921 BBLs in Jun 2026 |
| Recent Gas Production | 416 MCF in Jun 2026 |
| Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$42,146 *
MarketMultiple™
$106,524 **
* 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 | 5,447 BBLs | 5,247 MCF | Jun 2026 |
| Anasazi 9 Federal | Lea County, NM | 0 BBLs | 60 MCF | Jun 2026 |
| Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 333 MCF | Jul 2026 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 4,798 BBLs | 35,151 MCF | Jun 2026 |
| Jade 34 3 2BS | Lea County, NM | 6,655 BBLs | 13,710 MCF | Jun 2026 |
| Jade 34 3 Federal Com | Lea County, NM | 31,552 BBLs | 71,708 MCF | Jun 2026 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Laguna Deep | Lea County, NM | 398 BBLs | 1,321 MCF | Jul 2026 |
| Laguna Deep Federal Unit | Lea County, NM | 5 BBLs | 30 MCF | Jun 2026 |
| Lone Ranger | Lea County, NM | 221 BBLs | 33 MCF | Jul 2026 |
| Marshall 1 | Lea County, NM | 0 BBLs | 914 MCF | Jul 2026 |
| New Sheriff 10 Federal Com | Lea County, NM | 245 BBLs | 10,578 MCF | Jul 2026 |
| Pennzoil | Lea County, NM | 47 BBLs | 301 MCF | Jun 2026 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Smith Ranch | Lea County, NM | 354 BBLs | 0 MCF | Jul 2026 |
| Teas Yates Unit | Lea County, NM | 159 BBLs | 0 MCF | Jun 2026 |
| Tonto Federal | Lea County, NM | 241 BBLs | 0 MCF | Jul 2026 |
| West Teas Yates Seven Rivers Unit | Lea County, NM | 373 BBLs | 127 MCF | Jun 2026 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.