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 2026
Total Oil Production115,690 BBLs
Total Gas Production113,266 MCF
Recent Oil Production197 BBLs in Jun 2026
Recent Gas Production233 MCF in Jun 2026
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$198 *

MarketMultiple™

$7,726 **

* 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 2026

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, NM1,204 BBLs4,763 MCFJun 2026
Barbaro StateLea County, NM453 BBLs645 MCFJun 2026
Black Jack StateLea County, NM1,180 BBLs1,181 MCFJun 2026
Central Vacuum UnitLea County, NM43,782 BBLs1,015,795 MCFJun 2026
Dash For CashLea County, NM1,062 BBLs1,158 MCFJun 2026
Deep JackLea County, NM500 BBLs603 MCFJun 2026
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM1,148 BBLs2,599 MCFJun 2026
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM610 BBLs843 MCFJun 2026
New MexicoLea County, NM8,688 BBLs12,768 MCFJul 2026
Ohio StateLea County, NM461 BBLs1,597 MCFJun 2026
Santa FeLea County, NM523 BBLs0 MCFJun 2026
Terra Enron 13 StateLea County, NM325 BBLs0 MCFJun 2026
Top Round 16 9 State ComLea County, NM33,093 BBLs39,081 MCFJun 2026
Vacuum Abo UnitLea County, NM4,711 BBLs4,270 MCFJun 2026
Vacuum GlorietaLea County, NM25,391 BBLs10,441 MCFJun 2026
Warn State AcLea County, NM3,046 BBLs7,504 MCFJun 2026
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
Cimarex Energy Co Of Colorado
Cross Timbers Energy, LLC
Diamond S Energy Company
EOG Y Resources Inc
Exxon Mobil Corporation
Forest Oil Corporation
Hilcorp Energy Company
Ica Energy Operating, L.L.C.
Linn Operating, LLC
Mack Energy Corporation
Marathon Oil Company
Mewbourne Oil Company
Morningstar Operating LLC
Raybaw Operating, LLC
Robertson Resources, Inc.
Shinnery Oil Company, Inc.
Soxgi LLC
Texaco Exploration & 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