Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Jun 2025 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 250,366 MCF |
| Recent Oil Production | 0 BBLs in Jun 2025 |
| Recent Gas Production | 361 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,439 *
MarketMultiple™
$1,789 **
* 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 | 950 BBLs | 1,027 MCF | Jun 2025 |
| Dee Osborne 19 | Lea County, NM | 30,965 BBLs | 87,194 MCF | Jun 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 5,217 BBLs | 17,570 MCF | Jun 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 43,196 BBLs | 84,719 MCF | Jun 2025 |
| Grama Ridge 116 35 | Lea County, NM | 26,574 BBLs | 84,787 MCF | Jul 2025 |
| Gramma 27 State | Lea County, NM | 1,355 BBLs | 7,603 MCF | Jun 2025 |
| Inland 26 23 B | Lea County, NM | 22,628 BBLs | 96,646 MCF | Jun 2025 |
| Jamalberry | Lea County, NM | 544 BBLs | 957 MCF | Jun 2025 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee State Com | Lea County, NM | 506 BBLs | 592 MCF | Jun 2025 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 876 BBLs | 447 MCF | Jun 2025 |
| Outland 1 | Lea County, NM | 58,345 BBLs | 150,494 MCF | Jun 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 2,275 BBLs | 1,110 MCF | Jun 2025 |
| Outland State Unit | Lea County, NM | 109,471 BBLs | 230,331 MCF | Jun 2025 |
| Phillips State | Lea County, NM | 0 BBLs | 2,535 MCF | Jun 2025 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 756 BBLs | 569 MCF | Jun 2025 |
| Slick Mesa 27 State | Lea County, NM | 459 BBLs | 3,794 MCF | Jul 2025 |
| Wilson | Lea County, NM | 0 BBLs | 761 MCF | Jul 2025 |
| Wilson Deep Unit | Lea County, NM | 10 BBLs | 5,782 MCF | Jun 2025 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.