Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Mar 2026 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 254,497 MCF |
| Recent Oil Production | 0 BBLs in Mar 2026 |
| Recent Gas Production | 738 MCF in Mar 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,282 *
MarketMultiple™
$2,633 **
* 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 | 1,134 BBLs | 2,078 MCF | Mar 2026 |
| Dee Osborne 19 | Lea County, NM | 19,134 BBLs | 66,715 MCF | Mar 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 6,267 BBLs | 20,636 MCF | Mar 2026 |
| Dovetail 18 7 State Com | Lea County, NM | 10,694 BBLs | 28,673 MCF | Mar 2026 |
| Grama Ridge 116 35 | Lea County, NM | 24,216 BBLs | 80,188 MCF | Apr 2026 |
| Gramma 27 State | Lea County, NM | 2,262 BBLs | 5,430 MCF | Mar 2026 |
| Inland 26 23 B | Lea County, NM | 18,897 BBLs | 87,283 MCF | Mar 2026 |
| Jamalberry | Lea County, NM | 618 BBLs | 1,384 MCF | Mar 2026 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee BWS State Com | Lea County, NM | 2,852 BBLs | 3,489 MCF | Mar 2026 |
| Lychee State Com | Lea County, NM | 12,784 BBLs | 54,508 MCF | Mar 2026 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 2,006 BBLs | 2,127 MCF | Mar 2026 |
| Outland 1 | Lea County, NM | 35,285 BBLs | 116,800 MCF | Mar 2026 |
| Outland State Unit | Lea County, NM | 28,241 BBLs | 68,323 MCF | Mar 2026 |
| Phillips State | Lea County, NM | 0 BBLs | 7,964 MCF | Mar 2026 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 1,972 BBLs | 2,574 MCF | Mar 2026 |
| Slick Mesa 27 State | Lea County, NM | 742 BBLs | 9,842 MCF | Apr 2026 |
| Wilson | Lea County, NM | 0 BBLs | 650 MCF | Apr 2026 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 3,304 MCF | Mar 2026 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.