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 - Dec 2025
Total Oil Production115,330 BBLs
Total Gas Production112,681 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$204 *

MarketMultiple™

$12,547 **

* 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 Dec 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 NameOperatorCounty
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, NM1,095 BBLs3,616 MCFFeb 2026
Barbaro StateLea County, NM312 BBLs350 MCFFeb 2026
Black Jack StateLea County, NM438 BBLs533 MCFFeb 2026
Central Vacuum UnitLea County, NM41,789 BBLs864,034 MCFFeb 2026
Dash For CashLea County, NM73 BBLs388 MCFFeb 2026
Deep JackLea County, NM308 BBLs320 MCFFeb 2026
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM1,388 BBLs1,651 MCFFeb 2026
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM888 BBLs820 MCFFeb 2026
New MexicoLea County, NM7,684 BBLs10,745 MCFMar 2026
Ohio StateLea County, NM285 BBLs1,303 MCFFeb 2026
Santa FeLea County, NM532 BBLs0 MCFFeb 2026
Top Round 16 9 State ComLea County, NM42,820 BBLs39,289 MCFFeb 2026
Vacuum Abo UnitLea County, NM5,486 BBLs9,140 MCFFeb 2026
Vacuum GlorietaLea County, NM21,857 BBLs12,524 MCFFeb 2026
Vacuum Grayburg San Andres UnitLea County, NM33,102 BBLs233,301 MCFFeb 2026
Warn State AcLea County, NM1,684 BBLs5,120 MCFFeb 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
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.
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