Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2026 |
| Total Oil Production | 993,516 BBLs |
| Total Gas Production | 2,999,371 MCF |
| Recent Oil Production | 1,235 BBLs in May 2026 |
| Recent Gas Production | 363 MCF in May 2026 |
| Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$42,694 *
MarketMultiple™
$98,666 **
* 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 | 5,750 BBLs | 5,216 MCF | May 2026 |
| Anasazi 9 Federal | Lea County, NM | 0 BBLs | 62 MCF | May 2026 |
| Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 191 MCF | May 2026 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 2,992 BBLs | 28,093 MCF | May 2026 |
| Jade 34 3 2BS | Lea County, NM | 8,167 BBLs | 17,210 MCF | May 2026 |
| Jade 34 3 Federal Com | Lea County, NM | 33,495 BBLs | 74,680 MCF | May 2026 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| Laguna Deep | Lea County, NM | 1,009 BBLs | 9,499 MCF | May 2026 |
| Laguna Deep Federal Unit | Lea County, NM | 122 BBLs | 200 MCF | May 2026 |
| Lone Ranger | Lea County, NM | 218 BBLs | 5 MCF | May 2026 |
| Marshall 1 | Lea County, NM | 0 BBLs | 995 MCF | May 2026 |
| New Sheriff 10 Federal Com | Lea County, NM | 185 BBLs | 3,741 MCF | May 2026 |
| Pennzoil | Lea County, NM | 84 BBLs | 824 MCF | May 2026 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Smith Ranch | Lea County, NM | 392 BBLs | 0 MCF | May 2026 |
| Teas Yates Unit | Lea County, NM | 162 BBLs | 0 MCF | May 2026 |
| Tonto Federal | Lea County, NM | 267 BBLs | 0 MCF | May 2026 |
| West Teas Yates Seven Rivers Unit | Lea County, NM | 171 BBLs | 75 MCF | May 2026 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.