Gem 8705 JV-P

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Gem 8705 JV-P Oil & Gas Property

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Property Summary

Key data points for Gem 8705 JV-P

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production981,494 BBLs
Total Gas Production2,989,000 MCF
Recent Oil Production1,027 BBLs in Mar 2025
Recent Gas Production932 MCF in Mar 2025
Wells on Property16

Our Valuation Estimates for Gem 8705 JV-P

ShaleAssessment™

$51,252 *

MarketMultiple™

$120,010 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gem 8705 JV-P Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gem 8705 JV-P
from Jan 1993 to Mar 2025

Wells on Gem 8705 JV-P

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
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Leases included in Gem 8705 JV-P

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
2314GEM 8705 JV-PBTA OIL PRODUCERSLea County, NM
305261GEM 8705 JV-PBTA OIL PRODUCERS, LLCLea County, NM

Operators Associated With Gem 8705 JV-P

Nearby Properties

These are the closest 20 properties to the Gem 8705 JV-P property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anaconda 11Lea County, NM0 BBLs0 MCFDec 2022
Anaconda 11 14Lea County, NM7,631 BBLs7,193 MCFMar 2025
Anasazi 9 FederalLea County, NM0 BBLs303 MCFMar 2025
Bandit 15 Federal ComLea County, NM27 BBLs559 MCFMar 2025
Bate FederalLea County, NM0 BBLs0 MCFJun 2007
Jade 34 3 1BS Federal ComLea County, NM10,668 BBLs43,190 MCFMar 2025
Jade 34 3 2BSLea County, NM12,946 BBLs15,542 MCFMar 2025
Jade 34 3 Federal ComLea County, NM56,315 BBLs88,042 MCFMar 2025
Jade 34 FederalLea County, NM0 BBLs0 MCFJun 2024
Laguna DeepLea County, NM1,540 BBLs7,072 MCFMar 2025
Laguna Deep Federal UnitLea County, NM115 BBLs257 MCFMar 2025
Lone RangerLea County, NM253 BBLs0 MCFMar 2025
Marshall 1Lea County, NM0 BBLs4,442 MCFMar 2025
New Sheriff 10 Federal ComLea County, NM224 BBLs8,179 MCFMar 2025
PennzoilLea County, NM352 BBLs2,094 MCFMar 2025
Python 3 FederalLea County, NM0 BBLs0 MCFDec 2022
Smith RanchLea County, NM9 BBLs0 MCFMar 2025
Teas Yates UnitLea County, NM162 BBLs0 MCFMar 2025
Tonto FederalLea County, NM291 BBLs0 MCFMar 2025
West Teas Yates Seven Rivers UnitLea County, NM442 BBLs173 MCFApr 2025

Companies in the Area

These are the closest 0 companies operating near the Gem 8705 JV-P property.

Company Name