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 - May 2026
Total Oil Production115,493 BBLs
Total Gas Production113,033 MCF
Recent Oil Production149 BBLs in May 2026
Recent Gas Production337 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$200 *

MarketMultiple™

$7,289 **

* 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 May 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, NM1,560 BBLs4,723 MCFMay 2026
Barbaro StateLea County, NM466 BBLs620 MCFMay 2026
Black Jack StateLea County, NM1,014 BBLs1,075 MCFMay 2026
Central Vacuum UnitLea County, NM44,842 BBLs1,043,943 MCFMay 2026
Dash For CashLea County, NM1,115 BBLs1,368 MCFMay 2026
Deep JackLea County, NM514 BBLs635 MCFMay 2026
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM1,311 BBLs2,608 MCFMay 2026
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM909 BBLs1,228 MCFMay 2026
New MexicoLea County, NM8,581 BBLs12,755 MCFMay 2026
Ohio StateLea County, NM605 BBLs1,239 MCFMay 2026
Santa FeLea County, NM498 BBLs0 MCFMay 2026
Top Round 16 9 State ComLea County, NM38,904 BBLs40,634 MCFMay 2026
Vacuum Abo UnitLea County, NM4,500 BBLs3,965 MCFMay 2026
Vacuum GlorietaLea County, NM27,547 BBLs14,605 MCFMay 2026
Vacuum Grayburg San Andres UnitLea County, NM36,716 BBLs282,169 MCFMay 2026
Warn State AcLea County, NM1,986 BBLs7,285 MCFMay 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
Chevron USA Inc
Cimarex Energy Co Of Colorado
Cross Timbers Energy, LLC
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
McElvain Energy Inc
Mewbourne Oil Company
Morningstar Operating LLC
Raybaw Operating, LLC
Robertson Resources, Inc.
Shinnery Oil Company, Inc.
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