Oil & Gas Property in Lea County, NM
Key data points for Korczak Federal
| County | Lea County, NM |
|---|---|
| Operator | RAYBAW OPERATING, LLC |
| Production Dates | Apr 2005 - May 2025 |
| Total Oil Production | 196,045 BBLs |
| Total Gas Production | 732,532 MCF |
| Recent Oil Production | 288 BBLs in May 2025 |
| Recent Gas Production | 5,055 MCF in May 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Korczak Federal
ShaleAssessment™
$25,247 *
MarketMultiple™
$52,482 **
* 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 Korczak Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bonanza Federal | Lea County, NM | 9 BBLs | 0 MCF | May 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Diamondback 2 | Lea County, NM | 8,397 BBLs | 13,726 MCF | May 2025 |
| Dorothy McKay | Lea County, NM | 167 BBLs | 235 MCF | May 2025 |
| East Lusk 15 Federal Com | Lea County, NM | 0 BBLs | 41 MCF | May 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Jennings | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Lusk 16 State | Lea County, NM | 222 BBLs | 20 MCF | May 2025 |
| Lusk 22 Federal | Lea County, NM | 54 BBLs | 97 MCF | May 2025 |
| Lusk 23 Federal | Lea County, NM | 175 BBLs | 1,696 MCF | May 2025 |
| Maverick | Lea County, NM | 0 BBLs | 0 MCF | Sep 2017 |
| Mustang Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2001 |
| Norte 13 | Lea County, NM | 0 BBLs | 48 MCF | May 2025 |
| Paladin Federal | Lea County, NM | 525 BBLs | 1,378 MCF | May 2025 |
| Sloan Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2004 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 120,104 BBLs | 96,658 MCF | May 2025 |
| State DR | Lea County, NM | 31 BBLs | 511 MCF | May 2025 |
| Sun McKay Federal | Lea County, NM | 225 BBLs | 402 MCF | May 2025 |
| TJG 3 Federal Com | Lea County, NM | 370 BBLs | 1,867 MCF | May 2025 |
| Tonto Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
These are the closest 20 companies operating near the Korczak Federal property.