Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Feb 2024 |
Total Oil Production | 967,841 BBLs |
Total Gas Production | 2,973,593 MCF |
Recent Oil Production | 1,128 BBLs in Jan 2024 |
Recent Gas Production | 1,002 MCF in Jan 2024 |
Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$60,741 *
MarketMultiple™
$178,713 **
* 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 | 11,024 BBLs | 12,393 MCF | Jan 2024 |
Anasazi 9 Federal | Lea County, NM | 0 BBLs | 223 MCF | Feb 2024 |
Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
Jade 34 3 1BS Federal Com | Lea County, NM | 6,404 BBLs | 11,562 MCF | Jan 2024 |
Jade 34 3 2BS | Lea County, NM | 144 BBLs | 458 MCF | Jan 2024 |
Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
Laguna Deep | Lea County, NM | 1,102 BBLs | 4,291 MCF | Feb 2024 |
Laguna Deep Federal Unit | Lea County, NM | 203 BBLs | 527 MCF | Feb 2024 |
Lone Ranger | Lea County, NM | 227 BBLs | 0 MCF | Jan 2024 |
Marshall 1 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
New Sheriff 10 Federal Com | Lea County, NM | 245 BBLs | 8,506 MCF | Feb 2024 |
Pennzoil | Lea County, NM | 484 BBLs | 3,237 MCF | Feb 2024 |
Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Smith Ranch | Lea County, NM | 10 BBLs | 0 MCF | Feb 2024 |
Teas Yates Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
Tonto Federal | Lea County, NM | 285 BBLs | 0 MCF | Jan 2024 |
West Teas Yates Seven Rivers Unit | Lea County, NM | 537 BBLs | 198 MCF | Feb 2024 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.