Gulf Federal

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Gulf Federal

CountyLea County, NM
Production DatesJan 1993 - May 2025
Total Oil Production38,222 BBLs
Total Gas Production527,373 MCF
Recent Oil Production2 BBLs in May 2025
Recent Gas Production271 MCF in May 2025
Wells on Property5

Our Valuation Estimates for Gulf Federal

ShaleAssessment™

$1,864 *

MarketMultiple™

$3,486 **

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

Based on a decimal interest

Gulf Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gulf Federal
from Jan 1993 to May 2025

Wells on Gulf Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-07071GULF FEDERAL 001KEM Ventures, LPActiveLea County, NM33.499817-103.069214
30-025-07072GULF FEDERAL 002MANHATTAN PETROLEUM INCPluggedLea County, NM33.507076-103.069206
30-025-31468GULF FEDERAL 003DAVCRO INCCancelledLea County, NM33.503440-103.069241
30-025-31469GULF FEDERAL 005KEM Ventures, LPActiveLea County, NM33.503449-103.064880
30-025-31480GULF FEDERAL 004DAVCRO INCCancelledLea County, NM33.510712-103.064880

Leases included in Gulf Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
302290GULF FEDERALMANHATTAN PETROLEUM INCLea County, NM
325305GULF FEDERALKEM Ventures, LPLea County, NM
3421GULF FEDERALDAVCRO INCLea County, NM

Operators Associated With Gulf Federal

Nearby Properties

These are the closest 20 properties to the Gulf Federal 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, TX118 BBLs0 MCFApr 2025
Cox FederalLea County, NM0 BBLs0 MCFNov 2024
FederalLea County, NM28 BBLs0 MCFMay 2025
Field MabelCochran County, TX222 BBLs550 MCFMar 2025
Great WesternLea County, NM27 BBLs1,188 MCFMay 2025
JCT 18 FederalLea County, NM947 BBLs3 MCFMay 2025
LandrethCochran County, TX229 BBLs0 MCFApr 2025
Mallory-SherrillCochran County, TX0 BBLs0 MCFMar 2023
McDermott FederalLea County, NM26 BBLs121 MCFMay 2025
Sinclair FederalLea County, NM0 BBLs0 MCFJan 2001
State 16Lea County, NM0 BBLs0 MCFJul 2016
U S M 00Lea County, NM37 BBLs0 MCFMay 2025
We Are Very Puzzled Unit 18-14Cochran County, TX0 BBLs0 MCFAug 2018
WilsonCochran County, TX97 BBLs0 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Gulf Federal property.

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