Oil & Gas Property in Lea County, NM
Key data points for Ledbetter Gulf State
| County | Lea County, NM |
|---|---|
| Operator | DWIGHT A TIPTON |
| Production Dates | Jan 1993 - Apr 2025 |
| Total Oil Production | 78,020 BBLs |
| Total Gas Production | 78,130 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 3 |
Our Valuation Estimates for Ledbetter Gulf State
ShaleAssessment™
Not Available
MarketMultiple™
$36,593 **
* 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 Ledbetter Gulf State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Angle State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2015 |
| Bridges State | Lea County, NM | 3,788 BBLs | 1,381 MCF | Jul 2025 |
| Casa State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
| Encore 12 State Com | Lea County, NM | 0 BBLs | 559 MCF | Jul 2025 |
| Gallagher | Lea County, NM | 177 BBLs | 0 MCF | Jul 2025 |
| Hale State | Lea County, NM | 58 BBLs | 0 MCF | Jul 2025 |
| Lea 0 | Lea County, NM | 42 BBLs | 0 MCF | Jul 2025 |
| Lea A State | Lea County, NM | 15 BBLs | 0 MCF | Aug 2025 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| McCallister State | Lea County, NM | 1,434 BBLs | 3,864 MCF | Jul 2025 |
| Miller BW State | Lea County, NM | 85 BBLs | 0 MCF | Aug 2025 |
| Mobil State | Lea County, NM | 79 BBLs | 15 MCF | Jul 2025 |
| North Vacuum Abo | Lea County, NM | 19,884 BBLs | 17,200 MCF | Aug 2025 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips Lea | Lea County, NM | 818 BBLs | 0 MCF | Jul 2025 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| State | Lea County, NM | 5 BBLs | 0 MCF | Aug 2025 |
| State Vacuum Unit | Lea County, NM | 705 BBLs | 0 MCF | Aug 2025 |
| Sunflower | Lea County, NM | 0 BBLs | 0 MCF | Jul 2022 |
| West Vacuum Unit | Lea County, NM | 2,845 BBLs | 1,089 MCF | Jul 2025 |
These are the closest 20 companies operating near the Ledbetter Gulf State property.