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 - Feb 2025 |
| Total Oil Production | 1,195,617 BBLs |
| Total Gas Production | 2,126,461 MCF |
| Recent Oil Production | 25,353 BBLs in Feb 2025 |
| Recent Gas Production | 84,075 MCF in Feb 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$6,749,376 **
* 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 | 2,069 MCF | Feb 2025 |
| Chorizo 12 State Com | Lea County, NM | 22,827 BBLs | 77,269 MCF | Feb 2025 |
| Dolly Varden | Lea County, NM | 37,557 BBLs | 51,599 MCF | Feb 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 4,216 BBLs | 7,784 MCF | Feb 2025 |
| Eric Cartman 31 State Com | Lea County, NM | 16,604 BBLs | 35,067 MCF | Feb 2025 |
| Getty 1 State | Lea County, NM | 13 BBLs | 283 MCF | Feb 2025 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 3,480 MCF | Feb 2025 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 442 MCF | Feb 2025 |
| Grama Ridge East 34 | Lea County, NM | 14,011 BBLs | 50,225 MCF | Feb 2025 |
| Gramma 27 State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Inland 26 23 B | Lea County, NM | 20,943 BBLs | 88,872 MCF | Feb 2025 |
| New Mexico BZ State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2008 |
| New Mexico D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Ram 3 B3pa State Com | Lea County, NM | 1,224 BBLs | 2,735 MCF | Feb 2025 |
| Slick Mesa 27 State | Lea County, NM | 908 BBLs | 9,481 MCF | Feb 2025 |
| Squeeze 2 State | Lea County, NM | 13,485 BBLs | 42,766 MCF | Feb 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Steelhead 36 25 B2 | Lea County, NM | 10,662 BBLs | 28,561 MCF | Feb 2025 |
| Vitalizer State | Lea County, NM | 2,191 BBLs | 7,733 MCF | Feb 2025 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.