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 - May 2025
Total Oil Production74,975 BBLs
Total Gas Production169,800 MCF
Recent Oil Production7 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property3

Our Valuation Estimates for Hale State

ShaleAssessment

$3,931 *

MarketMultiple

$1,217 **

* 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 May 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, NM551 BBLs1,134 MCFMay 2025
Casa StateLea County, NM0 BBLs0 MCFFeb 2021
Central Ek Queen UnitLea County, NM112 BBLs0 MCFMay 2025
CockburnLea County, NM726 BBLs1,619 MCFMay 2025
EilliamsLea County, NM454 BBLs662 MCFMay 2025
JoannieLea County, NM0 BBLs0 MCFFeb 2021
Lea 0Lea County, NM43 BBLs0 MCFMay 2025
Lea KG StateLea County, NM920 BBLs1,507 MCFMay 2025
Lea Xa StateLea County, NM279 BBLs1,057 MCFMay 2025
LeamexLea County, NM1,265 BBLs2,419 MCFMay 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Opl Twin Berry StateLea County, NM0 BBLs51 MCFMay 2025
Phillips LeaLea County, NM968 BBLs0 MCFMay 2025
PhilmexLea County, NM454 BBLs1,170 MCFMay 2025
StateLea County, NM3,583 BBLs14,058 MCFMay 2025
State Vacuum UnitLea County, NM967 BBLs0 MCFMay 2025
SunflowerLea County, NM0 BBLs0 MCFJul 2022
West Vacuum UnitLea County, NM3,228 BBLs967 MCFMay 2025
Wyatt Aa FederalLea County, NM160 BBLs537 MCFMay 2025
Wyatt PhillipsLea County, NM196 BBLs54 MCFMay 2025