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 - Jul 2025
Total Oil Production114,795 BBLs
Total Gas Production112,680 MCF
Recent Oil Production41 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$247 *

MarketMultiple™

$21,411 **

* 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 Jul 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.
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, NM1,935 BBLs5,892 MCFAug 2025
Barbaro StateLea County, NM536 BBLs716 MCFAug 2025
Black Jack StateLea County, NM973 BBLs1,567 MCFAug 2025
Central Vacuum UnitLea County, NM48,688 BBLs886,006 MCFJul 2025
Dash For CashLea County, NM948 BBLs764 MCFAug 2025
Deep JackLea County, NM500 BBLs564 MCFAug 2025
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM2,564 BBLs2,703 MCFAug 2025
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM564 BBLs874 MCFAug 2025
Mid Vac 8 StateLea County, NM362 BBLs213 MCFJul 2025
New MexicoLea County, NM9,019 BBLs13,001 MCFAug 2025
Ohio StateLea County, NM805 BBLs2,007 MCFAug 2025
Santa FeLea County, NM541 BBLs0 MCFJul 2025
Top Round 16 9 State ComLea County, NM107,168 BBLs55,559 MCFJul 2025
Vacuum Abo UnitLea County, NM6,867 BBLs3,402 MCFJul 2025
Vacuum GlorietaLea County, NM30,058 BBLs8,562 MCFJul 2025
Warn State AcLea County, NM1,569 BBLs6,682 MCFJul 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
Cimarex Energy Co. Of Colorado
Cross Timbers Energy, LLC
Diamond S Energy Company
Dyad Petroleum 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.
Texaco Expl. And Prod. Inc.
V-F Petroleum 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