Leonard State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Leonard State Oil & Gas Property

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Property Summary

Key data points for Leonard State

CountyLea County, NM
OperatorNORTH FORK OPERATING LP
Production DatesMay 2002 - May 2026
Total Oil Production34,299 BBLs
Total Gas Production968,299 MCF
Recent Oil Production24 BBLs in May 2026
Recent Gas Production1,892 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Leonard State

ShaleAssessment™

$6,864 *

MarketMultiple™

$13,722 **

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

Based on a decimal interest

Leonard State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Leonard State
from May 2002 to May 2026

Wells on Leonard State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-35816LEONARD STATE 001North Fork Operating, LPActiveLea County, NM32.469822-103.225327
30-025-35967LEONARD STATE 002North Fork Operating, LPActiveLea County, NM32.469833-103.221054
30-025-35968LEONARD STATE 003North Fork Operating, LPActiveLea County, NM32.470577-103.217850
30-025-35969LEONARD STATE 004North Fork Operating, LPActiveLea County, NM32.469845-103.212509

Leases included in Leonard State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
329990LEONARD STATENorth Fork Operating, LPLea County, NM

Nearby Properties

These are the closest 20 properties to the Leonard State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderLea County, NM0 BBLs0 MCFApr 2024
AlvesLea County, NM0 BBLs0 MCFNov 2020
BrownleeLea County, NM0 BBLs258 MCFMay 2026
C L HardyLea County, NM423 BBLs3,802 MCFMay 2026
Deck EstateLea County, NM126 BBLs1,536 MCFMay 2026
Eunice ComLea County, NM0 BBLs168 MCFMay 2026
Gulf MatternLea County, NM0 BBLs388 MCFMay 2026
H C CollinsLea County, NM0 BBLs1,339 MCFMay 2026
HardyLea County, NM306 BBLs1,541 MCFMay 2026
J G RandleLea County, NM107 BBLs1,671 MCFMay 2026
LockhartLea County, NM45 BBLs1,030 MCFMay 2026
M S BerrymanLea County, NM0 BBLs0 MCFAug 2025
MarshallLea County, NM0 BBLs0 MCFJul 2023
MatternLea County, NM0 BBLs0 MCFOct 2012
New MexicoLea County, NM436 BBLs12,391 MCFMay 2026
Roy RiddelLea County, NM285 BBLs1,248 MCFMay 2026
StateLea County, NM2,312 BBLs27,996 MCFJun 2026
Sunshine StateLea County, NM0 BBLs0 MCFMar 2026
V M HendersonLea County, NM0 BBLs0 MCFFeb 2025
W E LeeLea County, NM96 BBLs1,151 MCFMay 2026

Companies in the Area

These are the closest 20 companies operating near the Leonard State property.

Company Name
Burgundy Oil & Gas Of N M Inc
Cameron Oil & Gas Inc
Chevron Midcontinent, L.P.
Chevron USA Inc
Contango Resources LLC
Empire New Mexico LLC
Forty Acres Energy, LLC
Fulfer Oil & Cattle LLC
Hess Corporation
Hilcorp Energy Company
J R Oil, LTD. Co.
Jr Cone Operating, LLC
Maverick Permian LLC
Me-Tex Oil & Gas, Inc.
Occidental Permian LTD.
Petroleum Exploration Company LTD., Limited
Raybaw Operating, LLC
Southwest Royalties, Inc.
Upland Production Company
Walsh & Watts Inc