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
OperatorBXP OPERATING, LLC
Production DatesJan 1993 - Nov 2025
Total Oil Production75,895 BBLs
Total Gas Production169,800 MCF
Recent Oil Production196 BBLs in Nov 2025
Recent Gas Production0 MCF in Nov 2025
Wells on Property3

Our Valuation Estimates for Hale State

ShaleAssessment™

$3,557 *

MarketMultiple™

$6,931 **

* 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 Nov 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, NM1,090 BBLs2,283 MCFNov 2025
Casa StateLea County, NM0 BBLs0 MCFFeb 2021
Central Ek Queen UnitLea County, NM165 BBLs0 MCFNov 2025
CockburnLea County, NM1,371 BBLs1,754 MCFNov 2025
EilliamsLea County, NM519 BBLs1,281 MCFNov 2025
JoannieLea County, NM0 BBLs0 MCFFeb 2021
Lea 0Lea County, NM41 BBLs0 MCFNov 2025
Lea KG StateLea County, NM1,233 BBLs3,289 MCFNov 2025
Lea Xa StateLea County, NM187 BBLs760 MCFNov 2025
LeamexLea County, NM1,147 BBLs1,811 MCFNov 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Opl Twin Berry StateLea County, NM0 BBLs0 MCFJul 2025
Phillips LeaLea County, NM678 BBLs0 MCFNov 2025
PhilmexLea County, NM352 BBLs1,061 MCFNov 2025
StateLea County, NM4,336 BBLs12,839 MCFNov 2025
State Vacuum UnitLea County, NM918 BBLs0 MCFNov 2025
SunflowerLea County, NM0 BBLs0 MCFJul 2022
West Vacuum UnitLea County, NM2,429 BBLs803 MCFNov 2025
Wyatt Aa FederalLea County, NM181 BBLs452 MCFNov 2025
Wyatt PhillipsLea County, NM236 BBLs0 MCFNov 2025

Companies in the Area

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

Company Name
Burgundy Oil & Gas Of N M Inc
BXP Operating, LLC
ConocoPhillips Company
Devon Energy Production Company, L.P.
EOG Resources Inc
Extex Operating Company
J R Oil, LTD. Co.
Mack Energy Corporation
Marathon Oil Company
Maverick Permian LLC
Occidental Permian LTD.
Olsen Energy Inc.
Oxy USA Inc
Oxy USA WTP Limited Partnership
Penroc Oil Corp.
Phillips Petroleum Company
Pogo Oil & Gas Operating, Inc
Seely Oil Company
Southwest Royalties, Inc.
XTO Energy Inc.