Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 116 35
| County | Lea County, NM |
|---|---|
| Operator | MARATHON OIL PERMIAN LLC |
| Production Dates | Aug 2023 - May 2026 |
| Total Oil Production | 1,590,901 BBLs |
| Total Gas Production | 3,379,598 MCF |
| Recent Oil Production | 23,433 BBLs in May 2026 |
| Recent Gas Production | 86,598 MCF in May 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$3,053,810 **
* 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 Grama Ridge 116 35 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Chorizo 12 State Com | Lea County, NM | 16,793 BBLs | 108,742 MCF | May 2026 |
| Dolly Varden | Lea County, NM | 75,663 BBLs | 190,188 MCF | May 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 6,687 BBLs | 25,183 MCF | May 2026 |
| Eric Cartman 31 State Com | Lea County, NM | 7,026 BBLs | 17,630 MCF | May 2026 |
| Getty 1 State | Lea County, NM | 10 BBLs | 11 MCF | May 2026 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 22 MCF | May 2026 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 320 MCF | May 2026 |
| Grama Ridge East 34 | Lea County, NM | 12,017 BBLs | 86,292 MCF | May 2026 |
| Gramma 27 State | Lea County, NM | 2,170 BBLs | 9,063 MCF | May 2026 |
| Inland 26 23 B | Lea County, NM | 17,455 BBLs | 92,292 MCF | May 2026 |
| Lychee State Com | Lea County, NM | 5,091 BBLs | 13,024 MCF | May 2026 |
| New Mexico BZ State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2008 |
| New Mexico D | Lea County, NM | 0 BBLs | 645 MCF | May 2026 |
| Slick Mesa 27 State | Lea County, NM | 865 BBLs | 10,501 MCF | May 2026 |
| Squeeze 2 State | Lea County, NM | 9,642 BBLs | 37,050 MCF | May 2026 |
| State | Lea County, NM | 858 BBLs | 460 MCF | May 2026 |
| Steelhead 36 25 B2 | Lea County, NM | 8,413 BBLs | 40,558 MCF | May 2026 |
| Vitalizer State | Lea County, NM | 1,812 BBLs | 5,745 MCF | May 2026 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.