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 - Jul 2025 | 
| Total Oil Production | 1,021,681 BBLs | 
| Total Gas Production | 1,863,463 MCF | 
| Recent Oil Production | 3,785 BBLs in Jul 2025 | 
| Recent Gas Production | 8,614 MCF in Jul 2025 | 
| Wells on Property | 9 | 
Our Valuation Estimates for Grama Ridge State Com
ShaleAssessment™
Not Available
MarketMultiple™
$7,279,656 **
* 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 | 3,868 BBLs | 744 MCF | Jul 2025 | 
| Asadero State Com | Lea County, NM | 1,015 BBLs | 207 MCF | Jul 2025 | 
| Avocado Bro State | Lea County, NM | 421 BBLs | 515 MCF | Jul 2025 | 
| Cast Away 6 B2BW State Com Unit | Lea County, NM | 1,316 BBLs | 2,401 MCF | Jul 2025 | 
| Hunt Apo State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 | 
| Lookin Good 34 State Com | Lea County, NM | 2,297 BBLs | 4,698 MCF | Aug 2025 | 
| Lost Mine 22302 26 23 Fed Com | Lea County, NM | 16,513 BBLs | 12,805 MCF | Aug 2025 | 
| Mango BRM State | Lea County, NM | 703 BBLs | 1,740 MCF | Jul 2025 | 
| Morpheus 25 36 State Com | Lea County, NM | 8,549 BBLs | 19,347 MCF | Jul 2025 | 
| Outland State Unit | Lea County, NM | 90,330 BBLs | 206,959 MCF | Jul 2025 | 
| Outland Wca State Unit 11 2 | Lea County, NM | 2,042 BBLs | 20,009 MCF | Jul 2025 | 
| Papaya 10 State | Lea County, NM | 1,630 BBLs | 980 MCF | Jul 2025 | 
| Prairie Fire State | Lea County, NM | 0 BBLs | 3,380 MCF | Jul 2025 | 
| Ranger 33 State Com | Lea County, NM | 2,307 BBLs | 2,826 MCF | Jul 2025 | 
| Ranger State 33 20 35 RN | Lea County, NM | 582 BBLs | 913 MCF | Jul 2025 | 
| Rebel 9 16 B | Lea County, NM | 6,027 BBLs | 10,139 MCF | Jul 2025 | 
| Sitka Bsi State Com | Lea County, NM | 210 BBLs | 120 MCF | Aug 2025 | 
| Southeast Lea Unit | Lea County, NM | 95 BBLs | 1,196 MCF | Jul 2025 | 
| Tangerine BRT State | Lea County, NM | 1,432 BBLs | 1,986 MCF | Jul 2025 | 
| Uncle Ches 21 16 Federal Com | Lea County, NM | 22,295 BBLs | 19,642 MCF | Jul 2025 | 
These are the closest 20 companies operating near the Grama Ridge State Com property.