Oil & Gas Property in Lea County, NM
Key data points for Gray Matter Fee
| County | Lea County, NM |
|---|---|
| Operator | BURK ROYALTY CO., LTD. |
| Production Dates | Dec 2022 - May 2026 |
| Total Oil Production | 105,783 BBLs |
| Total Gas Production | 145,188 MCF |
| Recent Oil Production | 1,096 BBLs in May 2026 |
| Recent Gas Production | 2,613 MCF in May 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Gray Matter Fee
ShaleAssessment™
Not Available
MarketMultiple™
$134,866 **
* 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 Gray Matter Fee property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ackbar 30 31 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Babineaux Fee | Lea County, NM | 2,880 BBLs | 10,880 MCF | May 2026 |
| Combo Fee 00 | Lea County, NM | 3,165 BBLs | 10,624 MCF | May 2026 |
| Federal A | Lea County, NM | 0 BBLs | 0 MCF | Jan 2014 |
| Felina Fee | Lea County, NM | 3,836 BBLs | 18,359 MCF | May 2026 |
| Fring Federal | Lea County, NM | 4,074 BBLs | 26,996 MCF | May 2026 |
| Gustavo Fee | Lea County, NM | 7,689 BBLs | 33,117 MCF | May 2026 |
| Heisenberg State Com | Lea County, NM | 7,682 BBLs | 31,948 MCF | May 2026 |
| Hercules 466 | Yoakum County, TX | 2,095 BBLs | 11,103 MCF | Apr 2026 |
| Huell Fee | Lea County, NM | 1,459 BBLs | 3,241 MCF | May 2026 |
| Kendrick B | Yoakum County, TX | 0 BBLs | 0 MCF | Jun 2019 |
| Lawyer Up Fee | Lea County, NM | 1,246 BBLs | 2,061 MCF | May 2026 |
| Lowe | Lea County, NM | 667 BBLs | 6 MCF | May 2026 |
| Roof Pizza Fee | Lea County, NM | 1,672 BBLs | 4,641 MCF | May 2026 |
| Salamanca State | Lea County, NM | 3,273 BBLs | 10,949 MCF | May 2026 |
| Slippin Jimmy Fee | Lea County, NM | 3,531 BBLs | 18,649 MCF | May 2026 |
| Spoonman 455 | Yoakum County, TX | 5,190 BBLs | 46,334 MCF | Apr 2026 |
| V Linam | Lea County, NM | 534 BBLs | 0 MCF | May 2026 |
| Vamonos Fee | Lea County, NM | 2,159 BBLs | 9,019 MCF | May 2026 |
| Winnebago Fee | Lea County, NM | 1,128 BBLs | 2,045 MCF | May 2026 |
These are the closest 20 companies operating near the Gray Matter Fee property.