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 - Feb 2025 |
| Total Oil Production | 879,095 BBLs |
| Total Gas Production | 1,198,756 MCF |
| Recent Oil Production | 54,832 BBLs in Feb 2025 |
| Recent Gas Production | 229,063 MCF in Feb 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Grama Ridge State Com
ShaleAssessment™
Not Available
MarketMultiple™
$10,582,867 **
* 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 | 6,852 BBLs | 2,556 MCF | Feb 2025 |
| Asadero State Com | Lea County, NM | 588 BBLs | 172 MCF | Feb 2025 |
| Cast Away 6 B2BW State Com Unit | Lea County, NM | 1,268 BBLs | 2,380 MCF | Feb 2025 |
| Guava Bru State | Lea County, NM | 349 BBLs | 541 MCF | Feb 2025 |
| Hunt Apo State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| La Trucha 6 B1CV State Com | Lea County, NM | 657 BBLs | 5,106 MCF | Feb 2025 |
| Lookin Good 34 State Com | Lea County, NM | 1,948 BBLs | 4,066 MCF | Feb 2025 |
| Lost Mine 22302 26 23 Fed Com | Lea County, NM | 66,693 BBLs | 53,986 MCF | Feb 2025 |
| Mango BRM State | Lea County, NM | 543 BBLs | 1,050 MCF | Feb 2025 |
| Morpheus 25 36 State Com | Lea County, NM | 10,012 BBLs | 19,109 MCF | Feb 2025 |
| Outland State Unit | Lea County, NM | 19,841 BBLs | 34,335 MCF | Feb 2025 |
| Outland Wca State Unit 11 2 | Lea County, NM | 1,882 BBLs | 23,559 MCF | Feb 2025 |
| Papaya 10 State | Lea County, NM | 1,912 BBLs | 874 MCF | Feb 2025 |
| Ranger 33 State Com | Lea County, NM | 1,989 BBLs | 1,976 MCF | Feb 2025 |
| Ranger State 33 20 35 RN | Lea County, NM | 716 BBLs | 1,117 MCF | Feb 2025 |
| Rebel 9 16 B | Lea County, NM | 4,787 BBLs | 6,849 MCF | Feb 2025 |
| Sitka Bsi State Com | Lea County, NM | 657 BBLs | 312 MCF | Feb 2025 |
| Southeast Lea Unit | Lea County, NM | 191 BBLs | 1,966 MCF | Feb 2025 |
| Tangerine BRT State | Lea County, NM | 380 BBLs | 1,018 MCF | Feb 2025 |
| Uncle Ches 21 16 Federal Com | Lea County, NM | 19,218 BBLs | 16,773 MCF | Feb 2025 |
These are the closest 20 companies operating near the Grama Ridge State Com property.