Hobbs N State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Hobbs N State

CountyLea County, NM
Production DatesJan 1993 - Jan 2024
Total Oil Production111,937 BBLs
Total Gas Production112,520 MCF
Recent Oil Production159 BBLs in Jan 2024
Recent Gas Production7 MCF in Jan 2024
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment

$324 *

MarketMultiple

$27,593 **

* 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 Jan 2024

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 LLCExpired Temporary AbandonmentLea County, NM32.768765-103.487259
30-025-03109HOBBS N STATE 002MorningStar Operating LLCApproved Temporary 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 INCPlugged, Site ReleasedLea 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, NM2,325 BBLs4,973 MCFJan 2024
Barbaro StateLea County, NM440 BBLs293 MCFJan 2024
Black Jack StateLea County, NM1,115 BBLs1,305 MCFJan 2024
Central Vacuum UnitLea County, NM52,433 BBLs1,140,161 MCFJan 2024
Dash For CashLea County, NM1,348 BBLs863 MCFJan 2024
Deep JackLea County, NM543 BBLs341 MCFJan 2024
East Vacuum (Gsa) UnitLea County, NM0 BBLs0 MCFNov 2023
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
HooverLea County, NM0 BBLs0 MCFNov 2023
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM1,015 BBLs1,016 MCFJan 2024
New MexicoLea County, NM10,019 BBLs12,929 MCFJan 2024
Ohio StateLea County, NM1,188 BBLs1,022 MCFJan 2024
Santa FeLea County, NM0 BBLs0 MCFNov 2023
Vacuum Abo UnitLea County, NM0 BBLs0 MCFNov 2023
Vacuum GlorietaLea County, NM14,568 BBLs3,581 MCFJan 2024
Vacuum Grayburg San Andres UnitLea County, NM35,686 BBLs240,828 MCFJan 2024
Warn State AcLea County, NM1,752 BBLs6,808 MCFJan 2024
Yeso StateLea County, NM0 BBLs0 MCFOct 2022