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 - Oct 2025
Total Oil Production34,102 BBLs
Total Gas Production955,231 MCF
Recent Oil Production44 BBLs in Aug 2025
Recent Gas Production1,964 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for Leonard State

ShaleAssessment™

$7,453 *

MarketMultiple™

$14,752 **

* 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 Oct 2025

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 BBLs0 MCFJun 2025
C L HardyLea County, NM525 BBLs5,762 MCFOct 2025
Deck EstateLea County, NM143 BBLs1,476 MCFOct 2025
Eunice ComLea County, NM0 BBLs224 MCFSep 2025
Gulf MatternLea County, NM142 BBLs1,194 MCFOct 2025
H C CollinsLea County, NM0 BBLs2,845 MCFSep 2025
HardyLea County, NM389 BBLs3,999 MCFOct 2025
J G RandleLea County, NM100 BBLs2,320 MCFOct 2025
LockhartLea County, NM26 BBLs2,687 MCFOct 2025
M S BerrymanLea County, NM0 BBLs14 MCFAug 2025
MarshallLea County, NM0 BBLs0 MCFJul 2023
MatternLea County, NM0 BBLs0 MCFOct 2012
New MexicoLea County, NM624 BBLs17,537 MCFOct 2025
Roy RiddelLea County, NM97 BBLs1,003 MCFOct 2025
StateLea County, NM1,954 BBLs44,600 MCFOct 2025
Sunshine StateLea County, NM1 BBLs0 MCFSep 2025
V M HendersonLea County, NM0 BBLs0 MCFFeb 2025
W E LeeLea County, NM101 BBLs2,135 MCFSep 2025

Companies in the Area

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

Company Name
Apache Corporation
Burgundy Oil & Gas Of N M Inc
Cameron Oil & Gas Inc
Chevron USA Inc
Conoco Inc
Contango Resources LLC
Empire New Mexico LLC
Fae II Operating LLC
Forty Acres Energy, LLC
Fulfer Oil & Cattle LLC
Hilcorp Energy Company
John H Hendrix Corp
Maverick Permian LLC
Me-Tex Oil & Gas, Inc.
Merit Energy Company, LLC
Occidental Permian LTD.
Petroleum Exploration Company LTD., Limited
Raybaw Operating, LLC
Southwest Royalties, Inc.
Upland Production Company