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 - Dec 2025 |
| Total Oil Production | 1,480,562 BBLs |
| Total Gas Production | 3,007,686 MCF |
| Recent Oil Production | 23,549 BBLs in Dec 2025 |
| Recent Gas Production | 79,980 MCF in Dec 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$3,516,509 **
* 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 | 257 MCF | Dec 2025 |
| Chorizo 12 State Com | Lea County, NM | 20,694 BBLs | 87,168 MCF | Dec 2025 |
| Dolly Varden | Lea County, NM | 99,031 BBLs | 174,769 MCF | Dec 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 5,746 BBLs | 20,773 MCF | Dec 2025 |
| Getty 1 State | Lea County, NM | 25 BBLs | 8 MCF | Dec 2025 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 342 MCF | Dec 2025 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 422 MCF | Dec 2025 |
| Grama Ridge East 34 | Lea County, NM | 13,183 BBLs | 76,988 MCF | Dec 2025 |
| Gramma 27 State | Lea County, NM | 2,096 BBLs | 11,997 MCF | Dec 2025 |
| Inland 26 23 B | Lea County, NM | 20,120 BBLs | 94,722 MCF | Dec 2025 |
| Lychee BWS State Com | Lea County, NM | 4,126 BBLs | 3,237 MCF | Dec 2025 |
| Lychee State Com | Lea County, NM | 11,259 BBLs | 79,044 MCF | Dec 2025 |
| Merchant 8700 JV P | Lea County, NM | 0 BBLs | 3,300 MCF | Dec 2025 |
| New Mexico D | Lea County, NM | 8 BBLs | 14,581 MCF | Dec 2025 |
| Slick Mesa 27 State | Lea County, NM | 1,163 BBLs | 11,614 MCF | Dec 2025 |
| Squeeze 2 State | Lea County, NM | 11,686 BBLs | 40,378 MCF | Dec 2025 |
| State | Lea County, NM | 863 BBLs | 1,332 MCF | Dec 2025 |
| Steelhead 36 25 B2 | Lea County, NM | 6,561 BBLs | 34,493 MCF | Dec 2025 |
| Vitalizer State | Lea County, NM | 3,218 BBLs | 11,188 MCF | Dec 2025 |
| Wilson | Lea County, NM | 0 BBLs | 280 MCF | Dec 2025 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.