Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 990,998 BBLs |
| Total Gas Production | 2,997,547 MCF |
| Recent Oil Production | 864 BBLs in Feb 2026 |
| Recent Gas Production | 957 MCF in Feb 2026 |
| Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$44,319 *
MarketMultiple™
$97,284 **
* 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 | 5,460 BBLs | 5,093 MCF | Feb 2026 |
| Anasazi 9 Federal | Lea County, NM | 0 BBLs | 38 MCF | Feb 2026 |
| Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 3,494 BBLs | 30,610 MCF | Feb 2026 |
| Jade 34 3 2BS | Lea County, NM | 7,872 BBLs | 14,533 MCF | Feb 2026 |
| Jade 34 3 Federal Com | Lea County, NM | 34,225 BBLs | 74,000 MCF | Feb 2026 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 32 MCF | Feb 2026 |
| Laguna Deep | Lea County, NM | 522 BBLs | 1,110 MCF | Feb 2026 |
| Laguna Deep Federal Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Lone Ranger | Lea County, NM | 251 BBLs | 0 MCF | Feb 2026 |
| Marshall 1 | Lea County, NM | 0 BBLs | 665 MCF | Feb 2026 |
| New Sheriff 10 Federal Com | Lea County, NM | 407 BBLs | 12,131 MCF | Feb 2026 |
| Pennzoil | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Smith Ranch | Lea County, NM | 2 BBLs | 0 MCF | Feb 2026 |
| Teas Yates Unit | Lea County, NM | 165 BBLs | 0 MCF | Feb 2026 |
| Tonto Federal | Lea County, NM | 51 BBLs | 0 MCF | Feb 2026 |
| West Teas Yates Seven Rivers Unit | Lea County, NM | 615 BBLs | 75 MCF | Feb 2026 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.