Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - May 2025 |
Total Oil Production | 983,234 BBLs |
Total Gas Production | 2,990,694 MCF |
Recent Oil Production | 884 BBLs in May 2025 |
Recent Gas Production | 859 MCF in May 2025 |
Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$49,980 *
MarketMultiple™
$131,383 **
* 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 | 7,217 BBLs | 6,520 MCF | May 2025 |
Anasazi 9 Federal | Lea County, NM | 0 BBLs | 338 MCF | May 2025 |
Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 197 MCF | May 2025 |
Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
Jade 34 3 1BS Federal Com | Lea County, NM | 11,480 BBLs | 58,460 MCF | May 2025 |
Jade 34 3 2BS | Lea County, NM | 11,904 BBLs | 22,604 MCF | May 2025 |
Jade 34 3 Federal Com | Lea County, NM | 57,492 BBLs | 115,443 MCF | May 2025 |
Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
Laguna Deep | Lea County, NM | 1,944 BBLs | 7,531 MCF | May 2025 |
Laguna Deep Federal Unit | Lea County, NM | 90 BBLs | 209 MCF | May 2025 |
Lone Ranger | Lea County, NM | 135 BBLs | 0 MCF | May 2025 |
Marshall 1 | Lea County, NM | 4 BBLs | 7,068 MCF | May 2025 |
New Sheriff 10 Federal Com | Lea County, NM | 174 BBLs | 4,080 MCF | May 2025 |
Pennzoil | Lea County, NM | 308 BBLs | 1,230 MCF | May 2025 |
Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Smith Ranch | Lea County, NM | 16 BBLs | 0 MCF | May 2025 |
Teas Yates Unit | Lea County, NM | 143 BBLs | 0 MCF | May 2025 |
Tonto Federal | Lea County, NM | 455 BBLs | 0 MCF | May 2025 |
West Teas Yates Seven Rivers Unit | Lea County, NM | 523 BBLs | 182 MCF | May 2025 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.