Oil & Gas Property in Lea County, NM
Key data points for Hearns 34 State
| County | Lea County, NM |
|---|---|
| Operator | EOG RESOURCES, INC. |
| Production Dates | Sep 2017 - Jul 2025 |
| Total Oil Production | 7,548,279 BBLs |
| Total Gas Production | 19,603,252 MCF |
| Recent Oil Production | 29,585 BBLs in Jul 2025 |
| Recent Gas Production | 144,588 MCF in Jul 2025 |
| Wells on Property | 17 |
Our Valuation Estimates for Hearns 34 State
ShaleAssessment™
$901,355 *
MarketMultiple™
$4,609,990 **
* 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 34 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antietam 9 Federal | Lea County, NM | 114,747 BBLs | 1,215,160 MCF | Jul 2025 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Aug 2016 |
| Caravan B | Lea County, NM | 7,341 BBLs | 20,623 MCF | Jul 2025 |
| Convoy 28 State Com | Lea County, NM | 41,252 BBLs | 728,421 MCF | Jul 2025 |
| Convoy Buc State | Lea County, NM | 2,137 BBLs | 4,558 MCF | Jul 2025 |
| Dragon 36 State | Lea County, NM | 48,015 BBLs | 315,276 MCF | Jul 2025 |
| Dragon XL 36 24 State Com | Lea County, NM | 24,971 BBLs | 125,515 MCF | Jul 2025 |
| Durango 2 State | Lea County, NM | 62,810 BBLs | 400,421 MCF | Jul 2025 |
| Falcon 25 Federal | Lea County, NM | 58,425 BBLs | 398,927 MCF | Jul 2025 |
| Falcon 36 Federal Com | Lea County, NM | 30,889 BBLs | 168,135 MCF | Jul 2025 |
| Frazier 27 State Com | Lea County, NM | 9,849 BBLs | 368,241 MCF | Jul 2025 |
| Frazier 34 State Com | Lea County, NM | 3,923 BBLs | 14,827 MCF | Jul 2025 |
| Hawk 25 Federal | Lea County, NM | 1,484 BBLs | 242 MCF | Jul 2025 |
| Hawk 26 Federal | Lea County, NM | 6,741 BBLs | 32,716 MCF | Jul 2025 |
| Hawk 35 Federal | Lea County, NM | 104,135 BBLs | 1,124,651 MCF | Jul 2025 |
| Hearns 27 State | Lea County, NM | 3,614 BBLs | 39,200 MCF | Jul 2025 |
| Lacey Swiss 1 Federal Com | Lea County, NM | 38,051 BBLs | 111,294 MCF | Jul 2025 |
| Madera Ridge 2 | Lea County, NM | 0 BBLs | 0 MCF | May 2020 |
| Monet Federal Com | Lea County, NM | 13,702 BBLs | 63,023 MCF | Aug 2025 |
| Triste Draw | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
These are the closest 20 companies operating near the Hearns 34 State property.