Ironhouse 2

Oil & Gas Property in Lea County, NM

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Key data points for Ironhouse 2

Our Valuation Estimates for Ironhouse 2

ShaleAssessment™

$117,420 *

MarketMultiple™

$505,244 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Aggregated production of all wells and leases associated with this property

API #	Well Name	Operator	Status	County	Latitude	Longitude
30-025-40611	IRONHOUSE 20 STATE COM 001	Coterra Energy Operating Co.	Active	Lea County, NM	32.726513	-103.477486
30-025-40748	IRONHOUSE 20 STATE 002H	Coterra Energy Operating Co.	Active	Lea County, NM	32.726513	-103.473190
30-025-41163	IRONHOUSE 24 STATE COM 001H	Coterra Energy Operating Co.	Active	Lea County, NM	32.726517	-103.508064
30-025-41595	IRONHOUSE 24 STATE COM 002H	Coterra Energy Operating Co.	Active	Lea County, NM	32.726639	-103.511818
30-025-41695	IRONHOUSE 24 STATE COM 003H	Coterra Energy Operating Co.	Active	Lea County, NM	32.726624	-103.516068
30-025-41696	IRONHOUSE 24 STATE COM 004H	Coterra Energy Operating Co.	Active	Lea County, NM	32.726608	-103.520363
30-025-43581	IRONHOUSE 28 BS2 STATE COM 004C	MCELVAIN ENERGY, INC	Cancelled	Lea County, NM	32.711944	-103.468858

Lease #	Lease Name	Operator	County
317300	IRONHOUSE 28 BS2 STATE COM	MCELVAIN ENERGY, INC	Lea County, NM
338171	IRONHOUSE 24 STATE COM	Coterra Energy Operating Co.	Lea County, NM
338183	IRONHOUSE 20 STATE	Coterra Energy Operating Co.	Lea County, NM
338184	IRONHOUSE 20 STATE COM	Coterra Energy Operating Co.	Lea County, NM

These are the closest 20 properties to the Ironhouse 2 property.

Property Name	Location	Oil Prod.	Gas Prod.	Prod. Period
Airstrip 31	Lea County, NM	10,668 BBLs	9,619 MCF	Sep 2025
Albatross State Com	Lea County, NM	1,587 BBLs	1,246 MCF	Sep 2025
Belgian Blue 28 21 State Com	Lea County, NM	32,527 BBLs	30,884 MCF	Sep 2025
Black Jack State	Lea County, NM	368 BBLs	461 MCF	Sep 2025
Butter Cup 3	Lea County, NM	1,828 BBLs	2,703 MCF	Sep 2025
Close Encounters State Com	Lea County, NM	2,803 BBLs	1,881 MCF	Sep 2025
Condor State	Lea County, NM	776 BBLs	2,333 MCF	Sep 2025
Hustle State	Lea County, NM	1,057 BBLs	1,197 MCF	Sep 2025
Ironhouse 19 State Com	Lea County, NM	2,193 BBLs	5,984 MCF	Sep 2025
Kingfisher State Com	Lea County, NM	664 BBLs	281 MCF	Sep 2025
Lea Yh State	Lea County, NM	0 BBLs	0 MCF	Nov 2022
Leo State	Lea County, NM	444 BBLs	433 MCF	Sep 2025
Magpie State	Lea County, NM	0 BBLs	0 MCF	Sep 2024
Nighthawk State Com	Lea County, NM	977 BBLs	1,690 MCF	Oct 2025
Peoples 3	Lea County, NM	0 BBLs	0 MCF	Oct 2005
Satellite State Com	Lea County, NM	93,685 BBLs	116,745 MCF	Sep 2025
State	Lea County, NM	0 BBLs	0 MCF	Feb 1998
Tin Cup 36 State Com	Lea County, NM	270 BBLs	629 MCF	Sep 2025
Top Round 16 9 State Com	Lea County, NM	68,674 BBLs	52,990 MCF	Sep 2025
Yeso State	Lea County, NM	0 BBLs	0 MCF	Oct 2022

These are the closest 20 companies operating near the Ironhouse 2 property.

Company Name
Atlas Operating LLC
BXP Operating, LLC
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
Elk Oil Company
Forest Oil Corporation
G And C Operating, LLC
Lario Oil & Gas Company
Linn Operating, LLC
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
Maverick Permian LLC
Mewbourne Oil Company
Oleum Energy LLC
Pbex Operations, LLC
Southland Royalty Company
Tamarack Petroleum Company, Inc.
Western Oil Producers Inc