Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Jul 2025 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 250,602 MCF |
| Recent Oil Production | 0 BBLs in Jul 2025 |
| Recent Gas Production | 236 MCF in Jul 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,420 *
MarketMultiple™
$1,961 **
* 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 | 1,075 BBLs | 1,113 MCF | Jul 2025 |
| Dee Osborne 19 | Lea County, NM | 30,633 BBLs | 97,133 MCF | Jul 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 7,026 BBLs | 20,484 MCF | Jul 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 47,376 BBLs | 106,237 MCF | Jul 2025 |
| Grama Ridge 116 35 | Lea County, NM | 26,422 BBLs | 68,522 MCF | Aug 2025 |
| Gramma 27 State | Lea County, NM | 1,652 BBLs | 7,292 MCF | Jul 2025 |
| Inland 26 23 B | Lea County, NM | 24,998 BBLs | 118,101 MCF | Jul 2025 |
| Jamalberry | Lea County, NM | 231 BBLs | 406 MCF | Jul 2025 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee BWS State Com | Lea County, NM | 1,072 BBLs | 1,239 MCF | Aug 2025 |
| Lychee State Com | Lea County, NM | 10,475 BBLs | 15,620 MCF | Aug 2025 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 1,070 BBLs | 1,430 MCF | Jul 2025 |
| Outland 1 | Lea County, NM | 57,963 BBLs | 153,493 MCF | Jul 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 1,417 BBLs | 1,136 MCF | Jul 2025 |
| Outland State Unit | Lea County, NM | 90,330 BBLs | 206,959 MCF | Jul 2025 |
| Phillips State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 830 BBLs | 801 MCF | Jul 2025 |
| Wilson | Lea County, NM | 0 BBLs | 744 MCF | Aug 2025 |
| Wilson Deep Unit | Lea County, NM | 18 BBLs | 5,636 MCF | Jul 2025 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.