Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Feb 2026 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 253,776 MCF |
| Recent Oil Production | 0 BBLs in Feb 2026 |
| Recent Gas Production | 671 MCF in Feb 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,297 *
MarketMultiple™
$1,502 **
* 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 | 602 BBLs | 643 MCF | Feb 2026 |
| Dee Osborne 19 | Lea County, NM | 13,712 BBLs | 51,108 MCF | Feb 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 5,603 BBLs | 18,724 MCF | Feb 2026 |
| Dovetail 18 7 State Com | Lea County, NM | 15,069 BBLs | 40,454 MCF | Feb 2026 |
| Grama Ridge 116 35 | Lea County, NM | 19,073 BBLs | 59,686 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 |
| Jamalberry | Lea County, NM | 654 BBLs | 1,291 MCF | Feb 2026 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| 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 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 1,558 BBLs | 1,363 MCF | Feb 2026 |
| Outland 1 | Lea County, NM | 31,215 BBLs | 99,164 MCF | Feb 2026 |
| Outland State Unit | Lea County, NM | 34,275 BBLs | 96,094 MCF | Feb 2026 |
| Phillips State | Lea County, NM | 0 BBLs | 1,134 MCF | Feb 2026 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 1,824 BBLs | 2,283 MCF | Feb 2026 |
| Slick Mesa 27 State | Lea County, NM | 776 BBLs | 10,317 MCF | Feb 2026 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Wilson Deep Unit | Lea County, NM | 23 BBLs | 1,835 MCF | Feb 2026 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.