Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
County | Lea County, NM |
---|---|
Production Dates | Jun 2001 - Feb 2025 |
Total Oil Production | 747 BBLs |
Total Gas Production | 248,825 MCF |
Recent Oil Production | 0 BBLs in Feb 2025 |
Recent Gas Production | 442 MCF in Feb 2025 |
Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,511 *
MarketMultiple™
$976 **
* 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 | 500 BBLs | 414 MCF | Feb 2025 |
Dee Osborne 19 | Lea County, NM | 17,106 BBLs | 54,759 MCF | Feb 2025 |
Dolly Varden 25 24 B | Lea County, NM | 4,216 BBLs | 7,784 MCF | Feb 2025 |
Dovetail 18 7 State Com | Lea County, NM | 83,314 BBLs | 97,649 MCF | Feb 2025 |
Grama Ridge 116 35 | Lea County, NM | 25,353 BBLs | 84,075 MCF | Feb 2025 |
Gramma 27 State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Inland 26 23 B | Lea County, NM | 20,943 BBLs | 88,872 MCF | Feb 2025 |
Jamalberry | Lea County, NM | 179 BBLs | 374 MCF | Feb 2025 |
Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
Monk 21 State | Lea County, NM | 2,851 BBLs | 3,442 MCF | Feb 2025 |
Outland 1 | Lea County, NM | 144,948 BBLs | 266,927 MCF | Feb 2025 |
Outland 14 23 State Com 2BS | Lea County, NM | 907 BBLs | 86 MCF | Feb 2025 |
Outland State Unit | Lea County, NM | 19,841 BBLs | 34,335 MCF | Feb 2025 |
Phillips State | Lea County, NM | 2 BBLs | 2,352 MCF | Feb 2025 |
Rebel 16 9 B2oj State Com | Lea County, NM | 1,661 BBLs | 2,685 MCF | Feb 2025 |
Rebel 9 16 B | Lea County, NM | 4,787 BBLs | 6,849 MCF | Feb 2025 |
Slick Mesa 27 State | Lea County, NM | 908 BBLs | 9,481 MCF | Feb 2025 |
Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
Wilson Deep Unit | Lea County, NM | 0 BBLs | 1,996 MCF | Feb 2025 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.