Lockhart B 1

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Lockhart B 1 Oil & Gas Property

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Property Summary

Key data points for Lockhart B 1

CountyLea County, NM
Production DatesJan 1993 - May 2025
Total Oil Production20,732 BBLs
Total Gas Production3,513,685 MCF
Recent Oil Production0 BBLs in May 2025
Recent Gas Production2,623 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Lockhart B 1

ShaleAssessment™

$8,183 *

MarketMultiple™

$7,734 **

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

Based on a decimal interest

Lockhart B 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Lockhart B 1
from Jan 1993 to May 2025

Wells on Lockhart B 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-08722LOCKHART B 1 006CONOCOPHILLIPS COMPANYPluggedLea County, NM32.415379-103.212524
30-025-08725LOCKHART B 1 004SOUTHWEST ROYALTIES INCActiveLea County, NM32.422646-103.217873
30-025-24529LOCKHART B 1 009SOUTHWEST ROYALTIES INCActiveLea County, NM32.419010-103.212524
30-025-34099LOCKHART B 1 010SOUTHWEST ROYALTIES INCActiveLea County, NM32.422646-103.222443

Leases included in Lockhart B 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
31409LOCKHART B 1CONOCOPHILLIPS COMPANYLea County, NM
335642LOCKHART B 1SOUTHWEST ROYALTIES INCLea County, NM

Operators Associated With Lockhart B 1

Nearby Properties

These are the closest 20 properties to the Lockhart B 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arrowhead Grayburg UnitLea County, NM4,567 BBLs6,396 MCFMay 2025
BrownleeLea County, NM0 BBLs37 MCFMay 2025
C J SaundersLea County, NM0 BBLs0 MCFMar 2025
C P Falby A FederalLea County, NM61 BBLs693 MCFMay 2025
C P Falby B FederalLea County, NM106 BBLs661 MCFMay 2025
DownesLea County, NM728 BBLs1,201 MCFMay 2025
GillLea County, NM94 BBLs171 MCFMay 2025
GrizzellLea County, NM736 BBLs8,313 MCFMay 2025
H T MatternLea County, NM569 BBLs5,757 MCFMay 2025
Harry Leonard NCTLea County, NM0 BBLs2,720 MCFMay 2025
J W Grizzel ALea County, NM5 BBLs65 MCFMay 2025
James MattieLea County, NM0 BBLs0 MCFFeb 2025
Joyce PruittLea County, NM360 BBLs1,267 MCFMay 2025
L E GrizzellLea County, NM44 BBLs5,979 MCFMay 2025
L I BakerLea County, NM15 BBLs2,185 MCFMay 2025
Lee Stebbins NCTLea County, NM349 BBLs3,419 MCFMay 2025
Little VLea County, NM105 BBLs1,190 MCFJun 2025
MatternLea County, NM0 BBLs334 MCFJun 2025
PruittLea County, NM0 BBLs0 MCFSep 2019
SimmonsLea County, NM16 BBLs1,004 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the Lockhart B 1 property.

Company Name
Apache Corporation
Bec Corp
BXP Operating, LLC
Chevron USA Inc
ConocoPhillips Company
Contango Resources LLC
Empire New Mexico LLC
Extex Operating Company
Hilcorp Energy Company
John H Hendrix Corp
Lanexco, Inc.
Lindenmuth & Associates Inc
Me-Tex Oil & Gas, Inc.
North Fork Operating LP
Penroc Oil Corp.
Raybaw Operating, LLC
Southwest Royalties Inc
Texaco Expl. And Prod. Inc.
Wiser Oil Co
XTO Energy Inc.