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 - Dec 2025 |
| Total Oil Production | 1,239,210 BBLs |
| Total Gas Production | 2,241,860 MCF |
| Recent Oil Production | 4,395 BBLs in Dec 2025 |
| Recent Gas Production | 9,403 MCF in Dec 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Igloo 19 24 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$937,493 **
* 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 | 4,844 BBLs | 11,909 MCF | Dec 2025 |
| Appleseed 17 | Lea County, NM | 133 BBLs | 0 MCF | Dec 2025 |
| Avocado Bro State | Lea County, NM | 1,173 BBLs | 1,402 MCF | Dec 2025 |
| Blue Jay Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Chief 30 State | Lea County, NM | 7,937 BBLs | 22,650 MCF | Dec 2025 |
| Desert Rose 17 8 Federal Com | Lea County, NM | 21,139 BBLs | 25,424 MCF | Dec 2025 |
| Hanson | Lea County, NM | 573 BBLs | 0 MCF | Dec 2025 |
| Hanson 26 Federal | Lea County, NM | 2,558 BBLs | 12,811 MCF | Dec 2025 |
| Igloo 19 18 State Federal Com | Lea County, NM | 5,334 BBLs | 15,124 MCF | Dec 2025 |
| Igloo 19 State | Lea County, NM | 1,905 BBLs | 5,103 MCF | Dec 2025 |
| Laguna 23 2BS Federal Com | Lea County, NM | 2,532 BBLs | 5,709 MCF | Dec 2025 |
| Laguna 23 Federal Com | Lea County, NM | 1,258 BBLs | 8,012 MCF | Dec 2025 |
| Lea South 25 Federal | Lea County, NM | 13,790 BBLs | 19,402 MCF | Dec 2025 |
| Lea Unit | Lea County, NM | 58,909 BBLs | 421,811 MCF | Dec 2025 |
| Lynch | Lea County, NM | 869 BBLs | 5,948 MCF | Dec 2025 |
| Lynch 23 Federal Com | Lea County, NM | 2,881 BBLs | 13,678 MCF | Dec 2025 |
| Ranger State 33 20 35 RN | Lea County, NM | 592 BBLs | 799 MCF | Dec 2025 |
| Stratocone 32 State | Lea County, NM | 1,722 BBLs | 4,473 MCF | Dec 2025 |
| Stratosphere 36 State | Lea County, NM | 3,728 BBLs | 18,400 MCF | Dec 2025 |
| Uncle Ches 21 16 Federal Com | Lea County, NM | 19,909 BBLs | 20,333 MCF | Dec 2025 |
These are the closest 20 companies operating near the Igloo 19 24 State Federal Com property.