Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - May 2026 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 255,204 MCF |
| Recent Oil Production | 0 BBLs in May 2026 |
| Recent Gas Production | 320 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,251 *
MarketMultiple™
$2,869 **
* 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 | 487 BBLs | 938 MCF | May 2026 |
| Dee Osborne 19 | Lea County, NM | 16,214 BBLs | 43,551 MCF | May 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 6,687 BBLs | 25,183 MCF | May 2026 |
| Dovetail 18 7 State Com | Lea County, NM | 6,700 BBLs | 20,306 MCF | May 2026 |
| Grama Ridge 116 35 | Lea County, NM | 23,433 BBLs | 86,598 MCF | May 2026 |
| Gramma 27 State | Lea County, NM | 2,170 BBLs | 9,063 MCF | May 2026 |
| Inland 26 23 B | Lea County, NM | 17,455 BBLs | 92,292 MCF | May 2026 |
| Jamalberry | Lea County, NM | 193 BBLs | 453 MCF | May 2026 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee State Com | Lea County, NM | 5,091 BBLs | 13,024 MCF | May 2026 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 553 BBLs | 357 MCF | May 2026 |
| Outland 1 | Lea County, NM | 32,177 BBLs | 126,181 MCF | May 2026 |
| Outland 14 23 State Com 2BS | Lea County, NM | 2,396 BBLs | 2,022 MCF | May 2026 |
| Outland State Unit | Lea County, NM | 79,345 BBLs | 151,045 MCF | May 2026 |
| Phillips State | Lea County, NM | 3 BBLs | 6,495 MCF | May 2026 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 1,641 BBLs | 2,122 MCF | May 2026 |
| Slick Mesa 27 State | Lea County, NM | 865 BBLs | 10,501 MCF | May 2026 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.