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 - Aug 2025 |
| Total Oil Production | 1,373,166 BBLs |
| Total Gas Production | 2,663,233 MCF |
| Recent Oil Production | 26,422 BBLs in Jul 2025 |
| Recent Gas Production | 68,522 MCF in Jul 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$4,531,011 **
* 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 | 184 MCF | Aug 2025 |
| Chorizo 12 State Com | Lea County, NM | 19,791 BBLs | 34,023 MCF | Jul 2025 |
| Dolly Varden | Lea County, NM | 100,340 BBLs | 155,569 MCF | Jul 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 7,026 BBLs | 20,484 MCF | Jul 2025 |
| Eric Cartman 31 State Com | Lea County, NM | 9,725 BBLs | 32,019 MCF | Jul 2025 |
| Getty 1 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 82 MCF | Aug 2025 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 236 MCF | Jul 2025 |
| Grama Ridge East 34 | Lea County, NM | 14,448 BBLs | 69,723 MCF | Jul 2025 |
| Gramma 27 State | Lea County, NM | 1,652 BBLs | 7,292 MCF | Jul 2025 |
| Inland 26 23 B | Lea County, NM | 24,998 BBLs | 118,101 MCF | Jul 2025 |
| Lychee BWS State Com | Lea County, NM | 1,072 BBLs | 1,239 MCF | Aug 2025 |
| Lychee State Com | Lea County, NM | 10,475 BBLs | 15,620 MCF | Aug 2025 |
| New Mexico D | Lea County, NM | 0 BBLs | 245 MCF | Aug 2025 |
| Slick Mesa 27 State | Lea County, NM | 910 BBLs | 11,211 MCF | Aug 2025 |
| Squeeze 2 State | Lea County, NM | 12,492 BBLs | 40,994 MCF | Jul 2025 |
| State | Lea County, NM | 931 BBLs | 1,736 MCF | Aug 2025 |
| Steelhead 36 25 B2 | Lea County, NM | 13,777 BBLs | 34,033 MCF | Jul 2025 |
| Vitalizer State | Lea County, NM | 2,823 BBLs | 17,210 MCF | Jul 2025 |
| Wilson | Lea County, NM | 0 BBLs | 744 MCF | Aug 2025 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.