Oil & Gas Property in Lea County, NM
Key data points for Igloo 19 24 State Federal Com
| County | Lea County, NM |
|---|---|
| Operator | 3R OPERATING , LLC |
| Production Dates | Dec 2020 - Nov 2025 |
| Total Oil Production | 1,234,815 BBLs |
| Total Gas Production | 2,232,417 MCF |
| Recent Oil Production | 4,622 BBLs in Nov 2025 |
| Recent Gas Production | 18,068 MCF in Nov 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Igloo 19 24 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$1,237,849 **
* 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 Igloo 19 24 State Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aline 9012 JVP | Lea County, NM | 4,404 BBLs | 11,728 MCF | Nov 2025 |
| Appleseed 17 | Lea County, NM | 136 BBLs | 0 MCF | Nov 2025 |
| Avocado Bro State | Lea County, NM | 932 BBLs | 1,248 MCF | Nov 2025 |
| Blue Jay Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Chief 30 State | Lea County, NM | 8,390 BBLs | 24,678 MCF | Nov 2025 |
| Desert Rose 17 8 Federal Com | Lea County, NM | 9,627 BBLs | 11,827 MCF | Nov 2025 |
| Guava Bru State | Lea County, NM | 637 BBLs | 647 MCF | Nov 2025 |
| Hanson | Lea County, NM | 0 BBLs | 0 MCF | Mar 2025 |
| Hanson 26 Federal | Lea County, NM | 2,878 BBLs | 12,667 MCF | Nov 2025 |
| Igloo 19 18 State Federal Com | Lea County, NM | 4,868 BBLs | 11,273 MCF | Nov 2025 |
| Igloo 19 State | Lea County, NM | 2,216 BBLs | 5,599 MCF | Nov 2025 |
| Laguna 23 Federal Com | Lea County, NM | 1,726 BBLs | 10,630 MCF | Nov 2025 |
| Lea South 25 Federal | Lea County, NM | 8,496 BBLs | 11,995 MCF | Nov 2025 |
| Lea Unit | Lea County, NM | 61,998 BBLs | 368,421 MCF | Nov 2025 |
| Lynch | Lea County, NM | 697 BBLs | 5,680 MCF | Nov 2025 |
| Lynch 23 Federal Com | Lea County, NM | 2,903 BBLs | 13,178 MCF | Nov 2025 |
| Ranger State 33 20 35 RN | Lea County, NM | 473 BBLs | 757 MCF | Nov 2025 |
| Stratocone 32 State | Lea County, NM | 1,117 BBLs | 3,138 MCF | Nov 2025 |
| Stratosphere 36 State | Lea County, NM | 4,330 BBLs | 18,774 MCF | Nov 2025 |
| Uncle Ches 21 16 Federal Com | Lea County, NM | 17,267 BBLs | 16,076 MCF | Nov 2025 |
These are the closest 20 companies operating near the Igloo 19 24 State Federal Com property.