Oil & Gas Property in Lea County, NM
Key data points for Hearns 27 State
| County | Lea County, NM |
|---|---|
| Operator | EOG RESOURCES INC |
| Production Dates | Jan 2015 - Aug 2025 |
| Total Oil Production | 1,256,475 BBLs |
| Total Gas Production | 2,920,049 MCF |
| Recent Oil Production | 3,542 BBLs in Aug 2025 |
| Recent Gas Production | 39,155 MCF in Aug 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Hearns 27 State
ShaleAssessment™
$316,148 *
MarketMultiple™
$403,334 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Hearns 27 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Apollo State Com | Lea County, NM | 37,211 BBLs | 669,721 MCF | Aug 2025 |
| Bandit 29 State Com | Lea County, NM | 56,400 BBLs | 311,259 MCF | Aug 2025 |
| Blue Krait 23 | Lea County, NM | 47,747 BBLs | 165,282 MCF | Aug 2025 |
| Caravan 28 State Com | Lea County, NM | 52,337 BBLs | 596,323 MCF | Aug 2025 |
| Caravan B | Lea County, NM | 6,160 BBLs | 18,135 MCF | Aug 2025 |
| Convoy 28 State Com | Lea County, NM | 35,823 BBLs | 627,246 MCF | Aug 2025 |
| Convoy Buc State | Lea County, NM | 2,116 BBLs | 2,353 MCF | Aug 2025 |
| Durango 2 State | Lea County, NM | 48,355 BBLs | 364,111 MCF | Aug 2025 |
| Falcon 25 Federal | Lea County, NM | 53,557 BBLs | 360,467 MCF | Aug 2025 |
| Falcon 36 Federal Com | Lea County, NM | 27,141 BBLs | 158,002 MCF | Aug 2025 |
| Frazier 27 State Com | Lea County, NM | 8,131 BBLs | 285,395 MCF | Aug 2025 |
| Frazier 34 State Com | Lea County, NM | 3,693 BBLs | 14,604 MCF | Aug 2025 |
| Hawk 25 Federal | Lea County, NM | 1,463 BBLs | 284 MCF | Aug 2025 |
| Hawk 26 Federal | Lea County, NM | 5,144 BBLs | 25,666 MCF | Aug 2025 |
| Hawk 35 Federal | Lea County, NM | 92,353 BBLs | 1,055,845 MCF | Aug 2025 |
| Hearns 34 State | Lea County, NM | 27,953 BBLs | 137,169 MCF | Aug 2025 |
| Jackson Unit | Lea County, NM | 179,821 BBLs | 2,012,958 MCF | Aug 2025 |
| Madera Ridge 2 | Lea County, NM | 0 BBLs | 0 MCF | May 2020 |
| Monet Federal Com | Lea County, NM | 13,944 BBLs | 53,698 MCF | Aug 2025 |
| Triste Draw | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
These are the closest 20 companies operating near the Hearns 27 State property.