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 2026 |
| Total Oil Production | 1,519,645 BBLs |
| Total Gas Production | 3,133,396 MCF |
| Recent Oil Production | 19,073 BBLs in Feb 2026 |
| Recent Gas Production | 59,686 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$3,392,492 **
* 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 | Dec 2025 |
| Chorizo 12 State Com | Lea County, NM | 19,757 BBLs | 94,039 MCF | Feb 2026 |
| Dolly Varden | Lea County, NM | 80,098 BBLs | 185,826 MCF | Feb 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 5,603 BBLs | 18,724 MCF | Feb 2026 |
| Eric Cartman 31 State Com | Lea County, NM | 5,189 BBLs | 14,421 MCF | Feb 2026 |
| Getty 1 State | Lea County, NM | 6 BBLs | 39 MCF | Feb 2026 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 46 MCF | Feb 2026 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 671 MCF | Feb 2026 |
| Grama Ridge East 34 | Lea County, NM | 11,619 BBLs | 63,060 MCF | Feb 2026 |
| Gramma 27 State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Inland 26 23 B | Lea County, NM | 18,785 BBLs | 87,347 MCF | Feb 2026 |
| Lychee BWS State Com | Lea County, NM | 2,230 BBLs | 3,187 MCF | Feb 2026 |
| Lychee State Com | Lea County, NM | 5,464 BBLs | 11,261 MCF | Feb 2026 |
| New Mexico D | Lea County, NM | 22 BBLs | 13,750 MCF | Feb 2026 |
| Slick Mesa 27 State | Lea County, NM | 776 BBLs | 10,317 MCF | Feb 2026 |
| Squeeze 2 State | Lea County, NM | 10,149 BBLs | 34,143 MCF | Feb 2026 |
| State | Lea County, NM | 796 BBLs | 1,297 MCF | Feb 2026 |
| Steelhead 36 25 B2 | Lea County, NM | 7,504 BBLs | 36,982 MCF | Feb 2026 |
| Vitalizer State | Lea County, NM | 2,396 BBLs | 8,052 MCF | Feb 2026 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.