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 - Sep 2025 |
| Total Oil Production | 1,043,783 BBLs |
| Total Gas Production | 1,926,104 MCF |
| Recent Oil Production | 22,102 BBLs in Sep 2025 |
| Recent Gas Production | 62,641 MCF in Sep 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Grama Ridge State Com
ShaleAssessment™
Not Available
MarketMultiple™
$4,794,338 **
* 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 | 5,692 BBLs | 5,441 MCF | Oct 2025 |
| Asadero State Com | Lea County, NM | 882 BBLs | 543 MCF | Oct 2025 |
| Bobtail 8605 26 23 State Com | Lea County, NM | 60,008 BBLs | 42,371 MCF | Oct 2025 |
| Cast Away 6 B2BW State Com Unit | Lea County, NM | 1,115 BBLs | 1,996 MCF | Sep 2025 |
| Guava Bru State | Lea County, NM | 1,038 BBLs | 504 MCF | Oct 2025 |
| Hunt Apo State | Lea County, NM | 1 BBLs | 0 MCF | Sep 2025 |
| Lookin Good 34 State Com | Lea County, NM | 2,142 BBLs | 4,890 MCF | Sep 2025 |
| Lost Mine 22302 26 23 Fed Com | Lea County, NM | 31,582 BBLs | 33,145 MCF | Oct 2025 |
| Mango BRM State | Lea County, NM | 1,426 BBLs | 1,914 MCF | Sep 2025 |
| Morpheus 25 36 State Com | Lea County, NM | 5,772 BBLs | 14,961 MCF | Sep 2025 |
| Outland Wca State Unit 11 2 | Lea County, NM | 1,977 BBLs | 20,005 MCF | Sep 2025 |
| Papaya 10 State | Lea County, NM | 1,723 BBLs | 1,161 MCF | Oct 2025 |
| Prairie Fire State | Lea County, NM | 0 BBLs | 3,513 MCF | Sep 2025 |
| Ranger 33 State Com | Lea County, NM | 2,177 BBLs | 2,661 MCF | Sep 2025 |
| Ranger State 33 20 35 RN | Lea County, NM | 635 BBLs | 860 MCF | Sep 2025 |
| Sitka Bsi State Com | Lea County, NM | 901 BBLs | 546 MCF | Oct 2025 |
| Southeast Lea Unit | Lea County, NM | 103 BBLs | 2,420 MCF | Sep 2025 |
| Stratocone 32 State | Lea County, NM | 431 BBLs | 1,465 MCF | Oct 2025 |
| Tangerine BRT State | Lea County, NM | 1,692 BBLs | 2,714 MCF | Sep 2025 |
| Uncle Ches 21 16 Federal Com | Lea County, NM | 20,344 BBLs | 19,451 MCF | Sep 2025 |
These are the closest 20 companies operating near the Grama Ridge State Com property.