Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - May 2025 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 250,005 MCF |
| Recent Oil Production | 0 BBLs in May 2025 |
| Recent Gas Production | 358 MCF in May 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,457 *
MarketMultiple™
$1,442 **
* 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 | 720 BBLs | 831 MCF | May 2025 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,045 MCF | May 2025 |
| Dee Osborne 19 | Lea County, NM | 29,921 BBLs | 73,167 MCF | May 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 6,014 BBLs | 16,354 MCF | May 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 69,115 BBLs | 106,391 MCF | May 2025 |
| Grama Ridge 116 35 | Lea County, NM | 34,460 BBLs | 105,080 MCF | May 2025 |
| Gramma 27 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Inland 26 23 B | Lea County, NM | 28,710 BBLs | 117,416 MCF | May 2025 |
| Jamalberry | Lea County, NM | 61 BBLs | 169 MCF | May 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 | 689 BBLs | 793 MCF | May 2025 |
| Outland 1 | Lea County, NM | 75,281 BBLs | 171,353 MCF | May 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 1,968 BBLs | 1,324 MCF | May 2025 |
| Outland State Unit | Lea County, NM | 86,078 BBLs | 165,174 MCF | May 2025 |
| Phillips State | Lea County, NM | 0 BBLs | 5,630 MCF | May 2025 |
| Rebel 9 16 B | Lea County, NM | 5,683 BBLs | 9,201 MCF | May 2025 |
| Slick Mesa 27 State | Lea County, NM | 903 BBLs | 9,920 MCF | May 2025 |
| Wilson | Lea County, NM | 0 BBLs | 789 MCF | May 2025 |
| Wilson Deep Unit | Lea County, NM | 17 BBLs | 5,013 MCF | May 2025 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.