Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Nov 2025 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 251,983 MCF |
| Recent Oil Production | 0 BBLs in Nov 2025 |
| Recent Gas Production | 349 MCF in Nov 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,347 *
MarketMultiple™
$1,624 **
* 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 23 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bruce Keplinger 13 State Com | Lea County, NM | 528 BBLs | 544 MCF | Nov 2025 |
| Dee Osborne 19 | Lea County, NM | 18,706 BBLs | 64,948 MCF | Nov 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 7,587 BBLs | 25,389 MCF | Nov 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 29,125 BBLs | 80,052 MCF | Nov 2025 |
| Grama Ridge 116 35 | Lea County, NM | 25,676 BBLs | 86,767 MCF | Nov 2025 |
| Gramma 27 State | Lea County, NM | 2,063 BBLs | 10,820 MCF | Nov 2025 |
| Inland 26 23 B | Lea County, NM | 20,075 BBLs | 98,866 MCF | Nov 2025 |
| Jamalberry | Lea County, NM | 846 BBLs | 1,573 MCF | Nov 2025 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee BWS State Com | Lea County, NM | 3,005 BBLs | 3,262 MCF | Nov 2025 |
| Lychee State Com | Lea County, NM | 12,085 BBLs | 58,989 MCF | Nov 2025 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 2,538 BBLs | 2,523 MCF | Nov 2025 |
| Outland 1 | Lea County, NM | 40,560 BBLs | 145,543 MCF | Nov 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 2,197 BBLs | 2,332 MCF | Nov 2025 |
| Outland State Unit | Lea County, NM | 62,623 BBLs | 173,743 MCF | Nov 2025 |
| Phillips State | Lea County, NM | 0 BBLs | 6,209 MCF | Nov 2025 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 1,958 BBLs | 1,976 MCF | Nov 2025 |
| Wilson | Lea County, NM | 0 BBLs | 822 MCF | Nov 2025 |
| Wilson Deep Unit | Lea County, NM | 15 BBLs | 5,056 MCF | Nov 2025 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.