Great Western

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Great Western Oil & Gas Property

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Property Summary

Key data points for Great Western

CountyLea County, NM
OperatorKEM VENTURES, LP
Production DatesJan 1993 - Jun 2025
Total Oil Production74,268 BBLs
Total Gas Production1,501,651 MCF
Recent Oil Production29 BBLs in Jun 2025
Recent Gas Production29 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Great Western

ShaleAssessment™

$7,971 *

MarketMultiple™

$7,328 **

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

Based on a decimal interest

Great Western Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Great Western
from Jan 1993 to Jun 2025

Wells on Great Western

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-07069GREAT WESTERN FEDERAL 001KEM Ventures, LPActiveLea County, NM33.499821-103.060555
30-025-21445GREAT WESTERN B FEDERAL 001KEM Ventures, LPActiveLea County, NM33.503437-103.082214
30-025-21446GREAT WESTERN C FEDERAL 001KEM Ventures, LPActiveLea County, NM33.514336-103.060532
30-025-36335GREAT WESTERN A FEDERAL 002KEM Ventures, LPActiveLea County, NM33.503445-103.056770

Leases included in Great Western

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
325301GREAT WESTERN A FEDERALKEM Ventures, LPLea County, NM
325302GREAT WESTERN B FEDERALKEM Ventures, LPLea County, NM
325303GREAT WESTERN C FEDERALKEM Ventures, LPLea County, NM
325304GREAT WESTERN FEDERALKEM Ventures, LPLea County, NM

Nearby Properties

These are the closest 20 properties to the Great Western property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AinsworthCochran County, TX0 BBLs0 MCFSep 2023
Allied 93Lea County, NM0 BBLs0 MCFJun 2019
Arco FederalLea County, NM0 BBLs0 MCFAug 1999
Bell B FederalLea County, NM0 BBLs0 MCFJun 2019
BilbreyLea County, NM0 BBLs0 MCFApr 2020
BrownLea County, NM0 BBLs0 MCFSep 2023
BuckshotCochran County, TX124 BBLs0 MCFJun 2025
Cox FederalLea County, NM0 BBLs0 MCFNov 2024
FederalLea County, NM0 BBLs0 MCFMay 2025
Field MabelCochran County, TX0 BBLs0 MCFApr 2025
Gulf FederalLea County, NM2 BBLs6 MCFJun 2025
JCT 18 FederalLea County, NM491 BBLs4 MCFJun 2025
LandrethCochran County, TX337 BBLs0 MCFJun 2025
Mallory-SherrillCochran County, TX0 BBLs0 MCFMar 2023
McDermott FederalLea County, NM28 BBLs121 MCFJun 2025
Sinclair FederalLea County, NM0 BBLs0 MCFJan 2001
State 16Lea County, NM0 BBLs0 MCFJul 2016
U S M 00Lea County, NM0 BBLs0 MCFMay 2025
We Are Very Puzzled Unit 18-14Cochran County, TX0 BBLs0 MCFAug 2018
WilsonCochran County, TX172 BBLs0 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Great Western property.

Company Name
Arco Oil & Gas Company
Bee-Jay Petro, Inc.
Bison Petroleum Corporation
Breck Operating Corp.
Canyon E & P Company
Davcro Inc.
Dugan Production Corp
El Ran, Inc.
Element Petroleum Operating, LLC
Harvard Petroleum Company, LLC
Hunt Cimarron LTD. Partnership
Kem Ventures, LP
Manhattan Petroleum, Inc.
Mobil Producing Texas & New Mexico
Ok Operating Co
Ridgeway Arizona Oil Corp.
SSC, Inc.
United Oil & Minerals, Inc.
Walkabout Operating, LLC
WTG Exploration