Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge East 34
| County | Lea County, NM |
|---|---|
| Production Dates | Jul 2018 - May 2025 |
| Total Oil Production | 2,174,665 BBLs |
| Total Gas Production | 5,289,333 MCF |
| Recent Oil Production | 15,608 BBLs in May 2025 |
| Recent Gas Production | 64,931 MCF in May 2025 |
| Wells on Property | 18 |
Our Valuation Estimates for Grama Ridge East 34
ShaleAssessment™
Not Available
MarketMultiple™
$2,043,232 **
* 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 East 34 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,045 MCF | May 2025 |
| Chiles 28 | Lea County, NM | 18,790 BBLs | 30,544 MCF | May 2025 |
| Grama Ridge | Lea County, NM | 2,499 BBLs | 6,060 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 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Inland 26 23 B | Lea County, NM | 28,710 BBLs | 117,416 MCF | May 2025 |
| Ram 3 B2MD State Com | Lea County, NM | 4,993 BBLs | 18,700 MCF | May 2025 |
| Ram 3 B2NC State Com | Lea County, NM | 2,989 BBLs | 7,716 MCF | May 2025 |
| Ram 3 B2ob State Com | Lea County, NM | 3,972 BBLs | 13,475 MCF | May 2025 |
| Ram 3 B2pa State Com | Lea County, NM | 2,132 BBLs | 5,254 MCF | May 2025 |
| Ram 3 B3MD State Com | Lea County, NM | 2,569 BBLs | 6,088 MCF | May 2025 |
| Ram 3 B3NC State Com | Lea County, NM | 2,768 BBLs | 6,213 MCF | May 2025 |
| Ram 3 B3pa State Com | Lea County, NM | 1,041 BBLs | 2,213 MCF | May 2025 |
| Slick Mesa 27 State | Lea County, NM | 903 BBLs | 9,920 MCF | May 2025 |
| Squeeze 2 State | Lea County, NM | 14,128 BBLs | 47,065 MCF | May 2025 |
| State | Lea County, NM | 985 BBLs | 1,841 MCF | May 2025 |
| Steelhead 36 25 B2 | Lea County, NM | 13,188 BBLs | 52,692 MCF | May 2025 |
| Vitalizer State | Lea County, NM | 2,741 BBLs | 14,921 MCF | May 2025 |
| Yeah Yeah Federal Com | Lea County, NM | 44,826 BBLs | 210,779 MCF | May 2025 |
These are the closest 20 companies operating near the Grama Ridge East 34 property.