Hobbs N State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Hobbs N State Oil & Gas Property

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Property Summary

Key data points for Hobbs N State

CountyLea County, NM
Production DatesJan 1993 - Jun 2025
Total Oil Production114,754 BBLs
Total Gas Production112,680 MCF
Recent Oil Production176 BBLs in Jun 2025
Recent Gas Production1 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$250 *

MarketMultiple™

$21,431 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Hobbs N State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hobbs N State
from Jan 1993 to Jun 2025

Wells on Hobbs N State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-03108HOBBS N STATE 001MorningStar Operating LLCTemporary AbandonmentLea County, NM32.768765-103.487259
30-025-03109HOBBS N STATE 002MorningStar Operating LLCTemporary AbandonmentLea County, NM32.768757-103.483055
30-025-26604HOBBS N STATE 005MorningStar Operating LLCActiveLea County, NM32.764202-103.472244
30-025-26825HOBBS N STATE 006TEXACO EXPLORATION & PRODUCTION INCPluggedLea County, NM32.764210-103.477608

Leases included in Hobbs N State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10966HOBBS N STATETEXACO EXPLORATION & PRODUCTION INCLea County, NM
331871HOBBS N STATEMorningStar Operating LLCLea County, NM

Operators Associated With Hobbs N State

Nearby Properties

These are the closest 20 properties to the Hobbs N State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
B Lee StateLea County, NM772 BBLs2,957 MCFJun 2025
Black Jack StateLea County, NM432 BBLs543 MCFJun 2025
Central Vacuum UnitLea County, NM46,674 BBLs822,925 MCFJun 2025
Dash For CashLea County, NM496 BBLs389 MCFJun 2025
East Vacuum (Gsa) UnitLea County, NM81,730 BBLs992,394 MCFJun 2025
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
HooverLea County, NM1,252 BBLs2,626 MCFJun 2025
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM1,847 BBLs1,826 MCFJun 2025
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM239 BBLs284 MCFJun 2025
New MexicoLea County, NM8,231 BBLs11,401 MCFJul 2025
Ohio StateLea County, NM381 BBLs1,285 MCFJun 2025
Santa FeLea County, NM380 BBLs0 MCFJun 2025
Top Round 16 9 State ComLea County, NM123,208 BBLs60,612 MCFJun 2025
Vacuum Abo UnitLea County, NM7,092 BBLs4,146 MCFJun 2025
Vacuum GlorietaLea County, NM25,956 BBLs13,542 MCFJun 2025
Vacuum Grayburg San Andres UnitLea County, NM35,115 BBLs226,791 MCFJun 2025
Warn State AcLea County, NM1,793 BBLs7,105 MCFJun 2025
Yeso StateLea County, NM0 BBLs0 MCFOct 2022

Companies in the Area

These are the closest 20 companies operating near the Hobbs N State property.

Company Name
Apache Corporation
BXP Operating, LLC
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Cross Timbers Energy, LLC
Diamond S Energy Company
Dyad Petroleum Company
EOG Y Resources Inc
Forest Oil Corporation
Hilcorp Energy Company
Ica Energy Operating, L.L.C.
Linn Operating LLC
Mack Energy Corporation
Marathon Oil Company
McElvain Energy Inc
Mewbourne Oil Company
Morningstar Operating LLC
Raybaw Operating, LLC
Robertson Resources, Inc.
Texaco Expl. And Prod. Inc.

Frac'ing activity on Hobbs N State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-03108Hobbs 'N' State 001
30-025-03109Hobbs `N` State 002