Grama Ridge 116 35

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Grama Ridge 116 35 Oil & Gas Property

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Property Summary

Key data points for Grama Ridge 116 35

CountyLea County, NM
OperatorMARATHON OIL PERMIAN LLC
Production DatesAug 2023 - May 2025
Total Oil Production1,294,797 BBLs
Total Gas Production2,437,593 MCF
Recent Oil Production34,460 BBLs in May 2025
Recent Gas Production105,080 MCF in May 2025
Wells on Property3

Our Valuation Estimates for Grama Ridge 116 35

ShaleAssessment™

Not Available

MarketMultiple™

$5,317,354 **

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

Based on a decimal interest

Grama Ridge 116 35 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Grama Ridge 116 35
from Aug 2023 to May 2025

Wells on Grama Ridge 116 35

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-50618GRAMA RIDGE 116 35 SB STATE COM 201HMARATHON OIL PERMIAN LLCNewLea County, NM32.441698-103.437321
30-025-50619GRAMA RIDGE 116 35 TB STATE COM 302HMARATHON OIL PERMIAN LLCNewLea County, NM32.441653-103.437239
30-025-50620GRAMA RIDGE 116 35 SB STATE COM 203HMARATHON OIL PERMIAN LLCNewLea County, NM32.441608-103.437158

Nearby Properties

These are the closest 20 properties to the Grama Ridge 116 35 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Burgundy 20005 JV-PLea County, NM0 BBLs3,045 MCFMay 2025
Chorizo 12 State ComLea County, NM22,017 BBLs33,701 MCFMay 2025
Dolly VardenLea County, NM149,857 BBLs207,267 MCFMay 2025
Dolly Varden 25 24 BLea County, NM6,014 BBLs16,354 MCFMay 2025
Eric Cartman 31 State ComLea County, NM14,134 BBLs33,557 MCFMay 2025
Getty 1 StateLea County, NM0 BBLs0 MCFApr 2025
Getty 36 State ComLea County, NM0 BBLs1,226 MCFMay 2025
Grama Ridge 23 StateLea County, NM0 BBLs358 MCFMay 2025
Grama Ridge East 34Lea County, NM15,608 BBLs64,931 MCFMay 2025
Gramma 27 StateLea County, NM0 BBLs0 MCFApr 2025
Inland 26 23 BLea County, NM28,710 BBLs117,416 MCFMay 2025
New Mexico BZ StateLea County, NM0 BBLs0 MCFJun 2008
New Mexico DLea County, NM55 BBLs9,603 MCFMay 2025
Ram 3 B3pa State ComLea County, NM1,041 BBLs2,213 MCFMay 2025
Slick Mesa 27 StateLea County, NM903 BBLs9,920 MCFMay 2025
Squeeze 2 StateLea County, NM14,128 BBLs47,065 MCFMay 2025
StateLea County, NM985 BBLs1,841 MCFMay 2025
Steelhead 36 25 B2Lea County, NM13,188 BBLs52,692 MCFMay 2025
Vitalizer StateLea County, NM2,741 BBLs14,921 MCFMay 2025
WilsonLea County, NM0 BBLs789 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the Grama Ridge 116 35 property.

Company Name
3R Operating , LLC
Bta Oil Producers
Bta Oil Producers, LLC
Caza Operating, LLC
Chisholm Energy Operating, LLC
COG Operating LLC
Devon Energy Operating Co., L.P.
Earthstone Operating, LLC
Extex Operating Company
Fulfer Oil & Cattle LLC
Great Western Onshore Inc
Hal J Rasmussen Oper Inc
Jay Management Company LLC
John H Hendrix Corp
Marathon Oil Permian LLC
Marshall & Winston, Inc.
Mewbourne Oil Company
Permian Resources Operating, LLC
Raybaw Operating, LLC
V-F Petroleum Inc.

Frac'ing activity on Grama Ridge 116 35

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-50618Grama Ridge 116 35 SB State Com 201H
30-025-50619Grama Ridge 116 35 TB State Com 302H
30-025-50620Grama Ridge 116 35 SB State Com 203H