Gong Worthy State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Gong Worthy State Com

CountyLea County, NM
OperatorMARATHON OIL PERMIAN LLC
Production DatesJun 2024 - May 2025
Total Oil Production221,079 BBLs
Total Gas Production140,780 MCF
Recent Oil Production10,112 BBLs in May 2025
Recent Gas Production5,499 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Gong Worthy State Com

ShaleAssessment

Not Available

MarketMultiple

$2,312,979 **

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

Based on a decimal interest

Gong Worthy 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 Gong Worthy State Com
from Jun 2024 to May 2025

Wells on Gong Worthy State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-52327GONG WORTHY STATE COM 601HMARATHON OIL PERMIAN LLCActiveLea County, NM32.638059-103.492372

Leases included in Gong Worthy State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
334815GONG WORTHY STATE COMMARATHON OIL PERMIAN LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Gong Worthy State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angry Angus 32 State ComLea County, NM0 BBLs0 MCFApr 2025
Charolais 28 21Lea County, NM3,608 BBLs6,919 MCFMay 2025
Cuatro Hijos FeeLea County, NM1,859 BBLs1,052 MCFMay 2025
Espejo Federal ComLea County, NM6,159 BBLs9,388 MCFMay 2025
GovernmentLea County, NM503 BBLs217 MCFMay 2025
Hefeweizen State ComLea County, NM17,429 BBLs20,941 MCFMay 2025
Hereford 29 20Lea County, NM40,140 BBLs30,333 MCFMay 2025
Lea Ap StateLea County, NM0 BBLs0 MCFMay 2024
Lea Aq StateLea County, NM0 BBLs0 MCFMay 2024
PearlLea County, NM109 BBLs0 MCFMay 2025
Perla Negra Federal ComLea County, NM11,210 BBLs10,750 MCFMay 2025
Perla Verde 31 State ComLea County, NM41,014 BBLs72,483 MCFMay 2025
Reddy Gulf StateLea County, NM399 BBLs0 MCFMay 2025
Santa Vaca 19 18 BLea County, NM47,645 BBLs54,754 MCFMay 2025
Super Cobra State ComLea County, NM1,296 BBLs754 MCFMay 2025
SuperiorLea County, NM0 BBLs0 MCFSep 2024
ThunderballLea County, NM48,470 BBLs79,194 MCFMay 2025
Toro 21Lea County, NM0 BBLs0 MCFJul 2023
Tusk FederalLea County, NM2,601 BBLs2,144 MCFMay 2025
West PearlLea County, NM3,141 BBLs3,418 MCFMay 2025

Frac'ing activity on Gong Worthy State Com

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-52327Gong Worthy State Com 601H