Oil & Gas Property in Lea County, NM
Key data points for Hobbs
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2026 |
| Total Oil Production | 512,024 BBLs |
| Total Gas Production | 1,390,561 MCF |
| Recent Oil Production | 973 BBLs in May 2026 |
| Recent Gas Production | 464 MCF in May 2026 |
| Wells on Property | 5 |
Our Valuation Estimates for Hobbs
ShaleAssessment™
$38,291 *
MarketMultiple™
$102,610 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Hobbs property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Alaska Cooper | Lea County, NM | 0 BBLs | 30 MCF | May 2026 |
| Anderson | Lea County, NM | 0 BBLs | 0 MCF | May 2003 |
| Barber | Lea County, NM | 5 BBLs | 0 MCF | May 2026 |
| Barber Federal | Lea County, NM | 0 BBLs | 0 MCF | May 2016 |
| Bertha J Barber | Lea County, NM | 0 BBLs | 0 MCF | Apr 2019 |
| Gillully Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| H T Orcutt NCT D Com | Lea County, NM | 0 BBLs | 321 MCF | May 2026 |
| H W Andrews | Lea County, NM | 2,071 BBLs | 1,727 MCF | May 2026 |
| Mexico | Lea County, NM | 0 BBLs | 0 MCF | Mar 2026 |
| New Mexico | Lea County, NM | 158 BBLs | 1,124 MCF | May 2026 |
| Quapaw Com | Lea County, NM | 123 BBLs | 201 MCF | May 2026 |
| R R Bell NCT G Com | Lea County, NM | 0 BBLs | 670 MCF | May 2026 |
| Sanderson | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Shell Ga State | Lea County, NM | 119 BBLs | 112 MCF | May 2026 |
| Skelly F State Com | Lea County, NM | 0 BBLs | 1,324 MCF | May 2026 |
| State Y Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| T Anderson | Lea County, NM | 0 BBLs | 0 MCF | Mar 2023 |
| Theodore Anderson | Lea County, NM | 70 BBLs | 195 MCF | May 2026 |
| W P Byrd | Lea County, NM | 243 BBLs | 1,022 MCF | May 2026 |
| W P Byrd Battery | Lea County, NM | 476 BBLs | 321 MCF | May 2026 |
These are the closest 20 companies operating near the Hobbs property.