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 2025
Total Oil Production114,578 BBLs
Total Gas Production112,679 MCF
Recent Oil Production169 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$252 *

MarketMultiple™

$21,726 **

* 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 May 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, NM1,442 BBLs4,974 MCFMay 2025
Barbaro StateLea County, NM413 BBLs585 MCFMay 2025
Black Jack StateLea County, NM838 BBLs848 MCFMay 2025
Central Vacuum UnitLea County, NM45,764 BBLs810,205 MCFMay 2025
Dash For CashLea County, NM892 BBLs579 MCFMay 2025
Deep JackLea County, NM428 BBLs325 MCFMay 2025
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM2,438 BBLs1,609 MCFMay 2025
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM436 BBLs600 MCFMay 2025
New MexicoLea County, NM8,602 BBLs9,338 MCFJun 2025
Ohio StateLea County, NM641 BBLs1,808 MCFMay 2025
Santa FeLea County, NM536 BBLs0 MCFMay 2025
Top Round 16 9 State ComLea County, NM111,111 BBLs55,004 MCFMay 2025
Vacuum Abo UnitLea County, NM5,829 BBLs7,331 MCFMay 2025
Vacuum GlorietaLea County, NM25,988 BBLs11,692 MCFMay 2025
Vacuum Grayburg San Andres UnitLea County, NM34,309 BBLs237,523 MCFMay 2025
Warn State AcLea County, NM1,445 BBLs5,206 MCFMay 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
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 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