Oil & Gas Property in Lea County, NM
Key data points for Ling Federal
| County | Lea County, NM |
|---|---|
| Operator | FASKEN OIL AND RANCH, LTD. |
| Production Dates | Jan 1993 - Aug 2025 |
| Total Oil Production | 223,783 BBLs |
| Total Gas Production | 5,829,302 MCF |
| Recent Oil Production | 259 BBLs in Jul 2025 |
| Recent Gas Production | 939 MCF in Jul 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Ling Federal
ShaleAssessment™
$23,646 *
MarketMultiple™
$36,303 **
* 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 Ling Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Chaparral 33 Federal | Lea County, NM | 2,312 BBLs | 4,794 MCF | Jul 2025 |
| Codorniz 28 Federal | Lea County, NM | 0 BBLs | 125 MCF | Jul 2025 |
| Cordoniz 28 Federal Com | Lea County, NM | 2,268 BBLs | 1,912 MCF | Jul 2025 |
| Gem 8705 JV-P | Lea County, NM | 972 BBLs | 1,123 MCF | Aug 2025 |
| Hamon A Federal Com | Lea County, NM | 5,876 BBLs | 22,039 MCF | Aug 2025 |
| Hudson Federal | Lea County, NM | 370 BBLs | 457 MCF | Jul 2025 |
| Jade 34 3 Federal Com | Lea County, NM | 45,758 BBLs | 96,621 MCF | Jul 2025 |
| Laguna Deep | Lea County, NM | 1,932 BBLs | 8,408 MCF | Aug 2025 |
| Laguna Deep Federal Unit | Lea County, NM | 112 BBLs | 136 MCF | Jul 2025 |
| Mallon 2 | Lea County, NM | 0 BBLs | 0 MCF | Mar 2019 |
| Mescalero | Lea County, NM | 215 BBLs | 1,434 MCF | Jul 2025 |
| Pearl 33 Federal | Lea County, NM | 310 BBLs | 131 MCF | Jul 2025 |
| Pennzoil | Lea County, NM | 564 BBLs | 3,724 MCF | Jul 2025 |
| Quail Ridge 3 | Lea County, NM | 481 BBLs | 4,458 MCF | Jul 2025 |
| Red Hawk 32 State | Lea County, NM | 57 BBLs | 49 MCF | Jul 2025 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 214 BBLs | 1,816 MCF | Jul 2025 |
| Sun Pearl Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2025 |
| Verna Rae Federal Com | Lea County, NM | 4,528 BBLs | 3,398 MCF | Jul 2025 |
These are the closest 20 companies operating near the Ling Federal property.