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 2026
Total Oil Production315,654 BBLs
Total Gas Production196,821 MCF
Recent Oil Production3,310 BBLs in May 2026
Recent Gas Production1,890 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Gong Worthy State Com

ShaleAssessment

Not Available

MarketMultiple

$863,360 **

* 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 2026

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, NM5,983 BBLs11,863 MCFMay 2026
Charolais 28 21Lea County, NM3,787 BBLs8,528 MCFMay 2026
Cuatro Hijos FeeLea County, NM756 BBLs362 MCFMay 2026
Espejo Federal ComLea County, NM5,675 BBLs12,340 MCFMay 2026
GovernmentLea County, NM464 BBLs137 MCFMay 2026
Hefeweizen State ComLea County, NM13,781 BBLs27,681 MCFMay 2026
Hereford 29 20Lea County, NM32,774 BBLs43,939 MCFMay 2026
Lea Ap StateLea County, NM0 BBLs0 MCFJul 2025
Lea Aq StateLea County, NM0 BBLs0 MCFJul 2025
PearlLea County, NM33 BBLs0 MCFMay 2026
Perla Negra Federal ComLea County, NM9,318 BBLs10,828 MCFMay 2026
Perla Verde 31 State ComLea County, NM24,145 BBLs41,123 MCFMay 2026
Reddy Gulf StateLea County, NM204 BBLs0 MCFMay 2026
Santa Vaca 19 18 BLea County, NM31,329 BBLs54,389 MCFMay 2026
Super Cobra State ComLea County, NM880 BBLs561 MCFMay 2026
SuperiorLea County, NM0 BBLs0 MCFApr 2026
ThunderballLea County, NM27,816 BBLs51,593 MCFMay 2026
Toro 21Lea County, NM0 BBLs0 MCFJun 2025
Tusk FederalLea County, NM2,609 BBLs2,797 MCFMay 2026
West PearlLea County, NM4,824 BBLs6,346 MCFMay 2026

Frac'ing activity on Gong Worthy State Com

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