Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Sep 2025 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 251,260 MCF |
| Recent Oil Production | 0 BBLs in Sep 2025 |
| Recent Gas Production | 363 MCF in Sep 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,384 *
MarketMultiple™
$1,893 **
* 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 | 560 BBLs | 763 MCF | Sep 2025 |
| Dee Osborne 19 | Lea County, NM | 24,024 BBLs | 92,242 MCF | Sep 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 7,207 BBLs | 22,470 MCF | Sep 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 38,039 BBLs | 106,643 MCF | Sep 2025 |
| Grama Ridge 116 35 | Lea County, NM | 29,081 BBLs | 85,840 MCF | Oct 2025 |
| Gramma 27 State | Lea County, NM | 2,335 BBLs | 12,201 MCF | Sep 2025 |
| Inland 26 23 B | Lea County, NM | 21,818 BBLs | 105,567 MCF | Sep 2025 |
| Jamalberry | Lea County, NM | 813 BBLs | 1,214 MCF | Oct 2025 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee BWS State Com | Lea County, NM | 3,179 BBLs | 3,947 MCF | Oct 2025 |
| Lychee State Com | Lea County, NM | 14,619 BBLs | 44,588 MCF | Oct 2025 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 3,170 BBLs | 2,738 MCF | Sep 2025 |
| Outland 1 | Lea County, NM | 50,004 BBLs | 148,921 MCF | Sep 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 1,953 BBLs | 1,910 MCF | Sep 2025 |
| Outland State Unit | Lea County, NM | 77,435 BBLs | 209,171 MCF | Sep 2025 |
| Phillips State | Lea County, NM | 0 BBLs | 1,882 MCF | Oct 2025 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 1,505 BBLs | 1,386 MCF | Sep 2025 |
| Wilson | Lea County, NM | 0 BBLs | 879 MCF | Sep 2025 |
| Wilson Deep Unit | Lea County, NM | 4 BBLs | 5,207 MCF | Oct 2025 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.