Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge State Com
| County | Lea County, NM |
|---|---|
| Operator | PRIDE ENERGY COMPANY |
| Production Dates | Feb 2024 - May 2025 |
| Total Oil Production | 992,551 BBLs |
| Total Gas Production | 1,747,151 MCF |
| Recent Oil Production | 32,147 BBLs in May 2025 |
| Recent Gas Production | 157,635 MCF in May 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Grama Ridge State Com
ShaleAssessment™
Not Available
MarketMultiple™
$10,164,582 **
* 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 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Asadero 3 State Com | Lea County, NM | 3,691 BBLs | 3,214 MCF | May 2025 |
| Asadero State Com | Lea County, NM | 430 BBLs | 260 MCF | May 2025 |
| Avocado Bro State | Lea County, NM | 866 BBLs | 949 MCF | May 2025 |
| Cast Away 6 B2BW State Com Unit | Lea County, NM | 484 BBLs | 545 MCF | May 2025 |
| Hunt Apo State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Lookin Good 34 State Com | Lea County, NM | 2,072 BBLs | 4,028 MCF | May 2025 |
| Lost Mine 22302 26 23 Fed Com | Lea County, NM | 62,187 BBLs | 54,443 MCF | May 2025 |
| Mango BRM State | Lea County, NM | 745 BBLs | 1,397 MCF | May 2025 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Outland State Unit | Lea County, NM | 86,078 BBLs | 165,174 MCF | May 2025 |
| Outland Wca State Unit 11 2 | Lea County, NM | 2,002 BBLs | 21,009 MCF | May 2025 |
| Papaya 10 State | Lea County, NM | 1,900 BBLs | 1,196 MCF | May 2025 |
| Ranger 33 State Com | Lea County, NM | 1,909 BBLs | 2,307 MCF | May 2025 |
| Ranger State 33 20 35 RN | Lea County, NM | 676 BBLs | 958 MCF | May 2025 |
| Rebel 9 16 B | Lea County, NM | 5,683 BBLs | 9,201 MCF | May 2025 |
| Sitka Bsi State Com | Lea County, NM | 654 BBLs | 332 MCF | May 2025 |
| Southeast Lea Unit | Lea County, NM | 0 BBLs | 440 MCF | May 2025 |
| Stratocone 32 State | Lea County, NM | 466 BBLs | 2,259 MCF | May 2025 |
| Tangerine BRT State | Lea County, NM | 1,148 BBLs | 1,992 MCF | May 2025 |
| Uncle Ches 21 16 Federal Com | Lea County, NM | 13,745 BBLs | 10,133 MCF | May 2025 |
These are the closest 20 companies operating near the Grama Ridge State Com property.