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 - Oct 2025 |
| Total Oil Production | 1,431,337 BBLs |
| Total Gas Production | 2,840,939 MCF |
| Recent Oil Production | 29,081 BBLs in Sep 2025 |
| Recent Gas Production | 85,840 MCF in Sep 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$3,931,223 **
* 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 | Aug 2025 |
| Chorizo 12 State Com | Lea County, NM | 19,912 BBLs | 79,105 MCF | Sep 2025 |
| Dolly Varden | Lea County, NM | 79,354 BBLs | 120,921 MCF | Sep 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 7,207 BBLs | 22,470 MCF | Sep 2025 |
| Eric Cartman 31 State Com | Lea County, NM | 9,438 BBLs | 25,194 MCF | Sep 2025 |
| Getty 1 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 64 MCF | Sep 2025 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 363 MCF | Sep 2025 |
| Grama Ridge East 34 | Lea County, NM | 13,938 BBLs | 68,166 MCF | Sep 2025 |
| Gramma 27 State | Lea County, NM | 2,335 BBLs | 12,201 MCF | Sep 2025 |
| Inland 26 23 B | Lea County, NM | 21,818 BBLs | 105,567 MCF | Sep 2025 |
| Lychee BWS State Com | Lea County, NM | 3,179 BBLs | 3,947 MCF | Oct 2025 |
| Lychee State Com | Lea County, NM | 14,619 BBLs | 44,588 MCF | Oct 2025 |
| New Mexico D | Lea County, NM | 8 BBLs | 182 MCF | Oct 2025 |
| Slick Mesa 27 State | Lea County, NM | 1,141 BBLs | 12,026 MCF | Sep 2025 |
| Squeeze 2 State | Lea County, NM | 12,729 BBLs | 41,604 MCF | Sep 2025 |
| State | Lea County, NM | 1,017 BBLs | 1,623 MCF | Oct 2025 |
| Steelhead 36 25 B2 | Lea County, NM | 10,354 BBLs | 48,054 MCF | Sep 2025 |
| Vitalizer State | Lea County, NM | 2,327 BBLs | 13,912 MCF | Sep 2025 |
| Wilson | Lea County, NM | 0 BBLs | 879 MCF | Sep 2025 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.