Hale State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Hale State

CountyLea County, NM
OperatorBXP OPERATING, LLC
Production DatesJan 1993 - Jun 2025
Total Oil Production74,995 BBLs
Total Gas Production169,800 MCF
Recent Oil Production20 BBLs in Jun 2025
Recent Gas Production0 MCF in Jun 2025
Wells on Property3

Our Valuation Estimates for Hale State

ShaleAssessment

$3,869 *

MarketMultiple

$422 **

* 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 Jun 2025

Wells on Hale State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-02154HALE STATE 001BXP Operating, LLCActiveLea County, NM32.792160-103.606979
30-025-23426HALE STATE 002BXP Operating, LLCActiveLea County, NM32.795795-103.605901
30-025-39785HALE STATE 004BXP Operating, LLCActiveLea County, NM32.797607-103.604836

Leases included in Hale State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
326822HALE STATEBXP Operating, LLCLea County, NM

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Caprock Yeso Area Cya CLea County, NM1,548 BBLs3,804 MCFJun 2025
Casa StateLea County, NM0 BBLs0 MCFFeb 2021
Central Ek Queen UnitLea County, NM59 BBLs0 MCFJun 2025
CockburnLea County, NM961 BBLs1,665 MCFJul 2025
EilliamsLea County, NM250 BBLs416 MCFJun 2025
JoannieLea County, NM0 BBLs0 MCFFeb 2021
Lea 0Lea County, NM39 BBLs0 MCFJun 2025
Lea KG StateLea County, NM0 BBLs56 MCFJun 2025
Lea Xa StateLea County, NM81 BBLs802 MCFJun 2025
LeamexLea County, NM1,350 BBLs2,204 MCFJun 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Opl Twin Berry StateLea County, NM0 BBLs78 MCFJun 2025
Phillips LeaLea County, NM878 BBLs0 MCFJun 2025
PhilmexLea County, NM388 BBLs1,132 MCFJun 2025
StateLea County, NM4,078 BBLs15,547 MCFJul 2025
State Vacuum UnitLea County, NM736 BBLs0 MCFJul 2025
SunflowerLea County, NM0 BBLs0 MCFJul 2022
West Vacuum UnitLea County, NM3,076 BBLs1,107 MCFJun 2025
Wyatt Aa FederalLea County, NM137 BBLs516 MCFJun 2025
Wyatt PhillipsLea County, NM239 BBLs85 MCFJun 2025