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 - Apr 2026 |
| Total Oil Production | 1,567,468 BBLs |
| Total Gas Production | 3,293,000 MCF |
| Recent Oil Production | 24,216 BBLs in Mar 2026 |
| Recent Gas Production | 80,188 MCF in Mar 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$3,101,710 **
* 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 | 38 MCF | Apr 2026 |
| Chorizo 12 State Com | Lea County, NM | 21,180 BBLs | 115,060 MCF | Mar 2026 |
| Dolly Varden | Lea County, NM | 84,953 BBLs | 227,501 MCF | Mar 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 6,267 BBLs | 20,636 MCF | Mar 2026 |
| Eric Cartman 31 State Com | Lea County, NM | 5,580 BBLs | 14,931 MCF | Mar 2026 |
| Getty 1 State | Lea County, NM | 20 BBLs | 28 MCF | Mar 2026 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 49 MCF | Apr 2026 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 738 MCF | Mar 2026 |
| Grama Ridge East 34 | Lea County, NM | 12,795 BBLs | 72,763 MCF | Mar 2026 |
| Gramma 27 State | Lea County, NM | 2,262 BBLs | 5,430 MCF | Mar 2026 |
| Inland 26 23 B | Lea County, NM | 18,897 BBLs | 87,283 MCF | Mar 2026 |
| Lychee BWS State Com | Lea County, NM | 2,852 BBLs | 3,489 MCF | Mar 2026 |
| Lychee State Com | Lea County, NM | 12,784 BBLs | 54,508 MCF | Mar 2026 |
| New Mexico D | Lea County, NM | 3 BBLs | 2,649 MCF | Mar 2026 |
| Slick Mesa 27 State | Lea County, NM | 742 BBLs | 9,842 MCF | Apr 2026 |
| Squeeze 2 State | Lea County, NM | 11,206 BBLs | 39,063 MCF | Mar 2026 |
| State | Lea County, NM | 871 BBLs | 1,533 MCF | Apr 2026 |
| Steelhead 36 25 B2 | Lea County, NM | 9,949 BBLs | 50,196 MCF | Mar 2026 |
| Vitalizer State | Lea County, NM | 2,715 BBLs | 8,394 MCF | Mar 2026 |
| Wilson | Lea County, NM | 0 BBLs | 650 MCF | Apr 2026 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.