Gold State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Gold State Com

County,
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesFeb 2024 - Mar 2025
Total Oil Production410,877 BBLs
Total Gas Production501,523 MCF
Recent Oil Production17,860 BBLs in Mar 2025
Recent Gas Production26,277 MCF in Mar 2025
Wells on Property20

Our Valuation Estimates for Gold State Com

ShaleAssessment

Not Available

MarketMultiple

$4,113,134 **

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

Based on a decimal interest

Gold State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gold State Com
from Feb 2024 to Mar 2025

Wells on Gold State Com

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 Gold State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
334169GOLD STATE COMFranklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Gold State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Airstrip 31Lea County, NM8,272 BBLs6,650 MCFMar 2025
Butter Cup 3Lea County, NM2,582 BBLs2,934 MCFMar 2025
Caprock 27 StateLea County, NM0 BBLs0 MCFFeb 2025
Condor StateLea County, NM598 BBLs1,689 MCFMar 2025
East Ek UnitLea County, NM0 BBLs0 MCFJan 2003
Ekay 2Lea County, NM0 BBLs0 MCFNov 2002
Jim Rolfe 22 18 34 RN StateLea County, NM362 BBLs168 MCFMar 2025
King Cobra 2 StateLea County, NM2,178 BBLs2,230 MCFMar 2025
Kingfisher State ComLea County, NM1,381 BBLs512 MCFMar 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Merit 6 Eh State ComLea County, NM682 BBLs77 MCFMar 2025
Mongoose FeeLea County, NM591 BBLs679 MCFMar 2025
Playa 2 StateLea County, NM1,249 BBLs1,652 MCFMar 2025
Raptor West 3 StateLea County, NM2,009 BBLs2,016 MCFMar 2025
Satellite State ComLea County, NM196,057 BBLs180,285 MCFMar 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
TeapotLea County, NM366 BBLs1,308 MCFMar 2025
Tin Cup 36 State ComLea County, NM363 BBLs789 MCFMar 2025
Wild Cobra 1 StateLea County, NM1,375 BBLs1,284 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the Gold State Com property.

Company Name