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 2025 |
| Total Oil Production | 91,538 BBLs |
| Total Gas Production | 114,518 MCF |
| Recent Oil Production | 1,456 BBLs in May 2025 |
| Recent Gas Production | 2,750 MCF in May 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Gray Matter Fee
ShaleAssessment™
Not Available
MarketMultiple™
$245,159 **
* 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 | 4,507 BBLs | 10,039 MCF | May 2025 |
| Combo Fee 00 | Lea County, NM | 3,715 BBLs | 15,555 MCF | May 2025 |
| Federal A | Lea County, NM | 0 BBLs | 0 MCF | Jan 2014 |
| Felina Fee | Lea County, NM | 5,393 BBLs | 17,899 MCF | May 2025 |
| Fring Federal | Lea County, NM | 5,211 BBLs | 34,044 MCF | May 2025 |
| Great Hambino 466 | Yoakum County, TX | 6,926 BBLs | 39,072 MCF | Apr 2025 |
| Gustavo Fee | Lea County, NM | 11,848 BBLs | 41,041 MCF | May 2025 |
| Heisenberg State Com | Lea County, NM | 10,876 BBLs | 34,753 MCF | May 2025 |
| Hercules 466 | Yoakum County, TX | 2,755 BBLs | 13,358 MCF | Apr 2025 |
| Huell Fee | Lea County, NM | 1,470 BBLs | 3,344 MCF | May 2025 |
| Kendrick B | Yoakum County, TX | 0 BBLs | 0 MCF | Jun 2019 |
| Lawyer Up Fee | Lea County, NM | 2,000 BBLs | 2,103 MCF | May 2025 |
| Lowe | Lea County, NM | 318 BBLs | 4 MCF | May 2025 |
| Roof Pizza Fee | Lea County, NM | 2,587 BBLs | 5,998 MCF | May 2025 |
| Salamanca State | Lea County, NM | 5,204 BBLs | 12,506 MCF | May 2025 |
| Slippin Jimmy Fee | Lea County, NM | 6,257 BBLs | 30,015 MCF | May 2025 |
| Spoonman 455 | Yoakum County, TX | 8,724 BBLs | 60,144 MCF | Apr 2025 |
| Vamonos Fee | Lea County, NM | 3,474 BBLs | 11,329 MCF | May 2025 |
| Winnebago Fee | Lea County, NM | 1,520 BBLs | 1,855 MCF | May 2025 |
These are the closest 20 companies operating near the Gray Matter Fee property.