Gray Matter Fee

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Gray Matter Fee

CountyLea County, NM
OperatorBURK ROYALTY CO., LTD.
Production DatesDec 2022 - Aug 2025
Total Oil Production95,900 BBLs
Total Gas Production124,120 MCF
Recent Oil Production1,427 BBLs in Jul 2025
Recent Gas Production3,201 MCF in Jul 2025
Wells on Property1

Our Valuation Estimates for Gray Matter Fee

ShaleAssessment

Not Available

MarketMultiple

$203,229 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gray Matter Fee Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gray Matter Fee
from Dec 2022 to Aug 2025

Wells on Gray Matter Fee

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-50754GRAY MATTER FEE 002HBURK ROYALTY CO., LTD.NewLea County, NM33.170900-103.101500

Leases included in Gray Matter Fee

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
337162GRAY MATTER FEEBURK ROYALTY CO., LTD.Lea County, NM

Nearby Properties

These are the closest 20 properties to the Gray Matter Fee property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ackbar 30 31Lea County, NM0 BBLs0 MCFJan 2025
Babineaux FeeLea County, NM3,226 BBLs8,461 MCFAug 2025
Combo Fee 00Lea County, NM4,427 BBLs12,640 MCFAug 2025
Federal ALea County, NM0 BBLs0 MCFJan 2014
Felina FeeLea County, NM6,920 BBLs20,479 MCFAug 2025
Fring FederalLea County, NM5,897 BBLs36,742 MCFAug 2025
Gustavo FeeLea County, NM11,497 BBLs43,016 MCFAug 2025
Heisenberg State ComLea County, NM9,693 BBLs35,165 MCFAug 2025
Hercules 466Yoakum County, TX2,719 BBLs14,285 MCFJul 2025
Huell FeeLea County, NM1,513 BBLs2,946 MCFAug 2025
Kendrick BYoakum County, TX0 BBLs0 MCFJun 2019
Lawyer Up FeeLea County, NM1,774 BBLs2,007 MCFAug 2025
LoweLea County, NM345 BBLs4 MCFAug 2025
Roof Pizza FeeLea County, NM2,262 BBLs4,567 MCFAug 2025
Salamanca StateLea County, NM3,928 BBLs11,555 MCFAug 2025
Slippin Jimmy FeeLea County, NM4,671 BBLs27,089 MCFAug 2025
Spoonman 455Yoakum County, TX6,805 BBLs53,360 MCFJul 2025
V LinamLea County, NM402 BBLs0 MCFAug 2025
Vamonos FeeLea County, NM3,004 BBLs11,292 MCFAug 2025
Winnebago FeeLea County, NM1,467 BBLs2,667 MCFAug 2025