Hale State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Hale State

CountyLea County, NM
Production DatesJan 1993 - Feb 2026
Total Oil Production162,165 BBLs
Total Gas Production3,833,889 MCF
Recent Oil Production40 BBLs in Feb 2026
Recent Gas Production3,531 MCF in Feb 2026
Wells on Property7

Our Valuation Estimates for Hale State

ShaleAssessment™

$26,565 *

MarketMultiple™

$25,215 **

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

Based on a decimal interest

Hale State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hale State
from Jan 1993 to Feb 2026

Wells on Hale State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-11404HALE STATE 001North Fork Operating, LPActiveLea County, NM32.162037-103.128388
30-025-11405HALE STATE 002North Fork Operating, LPActiveLea County, NM32.161129-103.130524
30-025-12581HALE STATE 003PRIMAL ENERGY CORPORATIONPluggedLea County, NM32.162037-103.126259
30-025-27550HALE STATE 004North Fork Operating, LPActiveLea County, NM32.160633-103.126579
30-025-27817HALE STATE 005North Fork Operating, LPActiveLea County, NM32.162033-103.132141
30-025-33507HALE STATE 006North Fork Operating, LPActiveLea County, NM32.160358-103.132652
30-025-34089HALE STATE 007North Fork Operating, LPActiveLea County, NM32.162033-103.130844

Leases included in Hale State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
18949HALE STATEPRIMAL ENERGY CORPORATIONLea County, NM
326752HALE STATENorth Fork Operating, LPLea County, NM

Operators Associated With Hale State

Nearby Properties

These are the closest 20 properties to the Hale State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Blocker FederalLea County, NM0 BBLs0 MCFNov 2024
C C Fristoe A Federal NCTLea County, NM138 BBLs1,832 MCFFeb 2026
C C Fristoe B Federal NCTLea County, NM1,571 BBLs12,340 MCFFeb 2026
EatonLea County, NM0 BBLs0 MCFOct 2024
G L Erwin A FederalLea County, NM462 BBLs3,882 MCFFeb 2026
G L Erwin B Federal NCTLea County, NM1,031 BBLs5,305 MCFFeb 2026
George L ErwinLea County, NM0 BBLs0 MCFJul 2024
Hodges BLea County, NM0 BBLs0 MCFMar 2024
Humphrey Queen UnitLea County, NM0 BBLs0 MCFMar 2024
Justis A FederalLea County, NM0 BBLs0 MCFJul 2016
Justis SLea County, NM0 BBLs0 MCFMar 2025
M E HaleLea County, NM59 BBLs684 MCFFeb 2026
New Mexico BLea County, NM152 BBLs496 MCFFeb 2026
Ramsey StateLea County, NM55 BBLs57 MCFFeb 2026
Red CloudLea County, NM0 BBLs0 MCFAug 2019
StateLea County, NM1,251 BBLs13,830 MCFFeb 2026
Stuart Langlie Mattix UnitLea County, NM137 BBLs0 MCFFeb 2026
Trantula 3 FederalLea County, NM0 BBLs0 MCFAug 2020
W A Ramsay NCTLea County, NM2 BBLs50 MCFFeb 2026
Westates FederalLea County, NM0 BBLs84 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Hale State property.

Company Name
Bce-Mach III LLC
Breck Operating Corp.
Chevron USA Inc
Chuza Operating
Contango Resources LLC
Energen Resources Corporation
Exxon Mobil Corporation
Fae II Operating LLC
Fulfer Oil & Cattle LLC
J R Oil, LTD. Co.
Latigo Petroleum, Inc.
Merit Energy Company, LLC
Nadel And Gussman Permian,L.L.C.
North Fork Operating LP
Oxy USA Inc
Poco Resources LLC
Primal Energy Corporation
Sabinal Energy Operating, LLC
Scout Energy Management LLC
Texaco Exploration & Prod Inc