Oil & Gas Property in Lea County, NM
Key data points for Madera 2
| County | Lea County, NM |
|---|---|
| Production Dates | Feb 1994 - Jan 2024 |
| Total Oil Production | 366,782 BBLs |
| Total Gas Production | 1,489,888 MCF |
| Recent Oil Production | 321 BBLs in Jan 2024 |
| Recent Gas Production | 270 MCF in Jan 2024 |
| Wells on Property | 13 |
Our Valuation Estimates for Madera 2
ShaleAssessment™
$9,078 *
MarketMultiple™
$128,378 **
* 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 Madera 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arena Roja 28 33 Federal Com | Lea County, NM | 20,080 BBLs | 33,847 MCF | Jan 2024 |
| Cattlemen Federal Com | Lea County, NM | 103,899 BBLs | 345,711 MCF | Jan 2024 |
| Colossus 18 19 | Lea County, NM | 23,879 BBLs | 38,109 MCF | Feb 2024 |
| El Campeon Fed | Loving County, TX | 213,686 BBLs | 324,888 MCF | Jan 2024 |
| Gaspergou 1 | Loving County, TX | 633 BBLs | 31,580 MCF | Jan 2024 |
| Grevey Com | Lea County, NM | 3,140 BBLs | 3,461 MCF | Jan 2024 |
| Lonesome Dove Federal Com | Lea County, NM | 122,233 BBLs | 351,054 MCF | Jan 2024 |
| Los Vaqueros | Lea County, NM | 21,110 BBLs | 52,072 MCF | Jan 2024 |
| Love Shack Federal Com | Lea County, NM | 32,754 BBLs | 85,247 MCF | Jan 2024 |
| Madera 19 Federal | Lea County, NM | 183 BBLs | 3,072 MCF | Feb 2024 |
| Madera 19 TB Federal | Lea County, NM | 4,612 BBLs | 8,386 MCF | Feb 2024 |
| Madera 19 W | Lea County, NM | 2,924 BBLs | 3,466 MCF | Feb 2024 |
| Madera 3 | Lea County, NM | 0 BBLs | 323 MCF | Feb 2024 |
| Mean Green 2 | Lea County, NM | 33,268 BBLs | 136,753 MCF | Jan 2024 |
| Medicine Man 1 | Loving County, TX | 411 BBLs | 22,129 MCF | Jan 2024 |
| Muskie 23 11 Federal Com | Lea County, NM | 126,874 BBLs | 405,008 MCF | Jan 2024 |
| Ragin Cajun 1 | Lea County, NM | 865 BBLs | 1,479 MCF | Jan 2024 |
| Railsplitter 15 22 Federal Com | Lea County, NM | 85,591 BBLs | 388,466 MCF | Jan 2024 |
| Rattlesnake | Lea County, NM | 195 BBLs | 627 MCF | Jan 2024 |
| Renegade BPG Federal | Lea County, NM | 298 BBLs | 907 MCF | Jan 2024 |
These are the closest 20 companies operating near the Madera 2 property.