Magpie State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Magpie State

CountyLea County, NM
Production DatesJul 2012 - Sep 2024
Total Oil Production34,451 BBLs
Total Gas Production28,757 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Magpie State

ShaleAssessment™

$2,227 *

MarketMultiple™

$17 **

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

Based on a decimal interest

Magpie State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Magpie State
from Jul 2012 to Sep 2024

Wells on Magpie State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-27056MAGPIE STATE 002MACK ENERGY CORPPluggedLea County, NM32.720799-103.524643
30-025-40426MAGPIE STATE 001Franklin Mountain Energy 3, LLCActiveLea County, NM32.720589-103.538612

Leases included in Magpie State

Lease #Lease NameOperatorCounty
333691MAGPIE STATEFranklin Mountain Energy 3, LLCLea County, NM
39055MAGPIE STATEMACK ENERGY CORPLea County, NM

Operators Associated With Magpie State

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Albatross State ComLea County, NM1,692 BBLs1,168 MCFFeb 2025
Butter Cup 3Lea County, NM1,640 BBLs1,533 MCFFeb 2025
Caprock 27 StateLea County, NM36 BBLs5 MCFFeb 2025
Condor StateLea County, NM853 BBLs2,178 MCFFeb 2025
East Ek UnitLea County, NM0 BBLs0 MCFJan 2003
Ekay 2Lea County, NM0 BBLs0 MCFNov 2002
Gold State ComLea County, NM15,433 BBLs18,864 MCFFeb 2025
Iggles State ComLea County, NM1,304 BBLs1,674 MCFFeb 2025
Ironhouse 19 State ComLea County, NM1,945 BBLs2,599 MCFFeb 2025
Ironhouse 2Lea County, NM3,799 BBLs4,830 MCFFeb 2025
Jim Rolfe 22 18 34 RN StateLea County, NM351 BBLs166 MCFFeb 2025
King Cobra 2 StateLea County, NM2,063 BBLs2,073 MCFFeb 2025
Kingfisher State ComLea County, NM1,141 BBLs332 MCFFeb 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Satellite State ComLea County, NM189,782 BBLs166,008 MCFFeb 2025
Sky Dweller 14 State ComLea County, NM0 BBLs0 MCFJan 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
TeapotLea County, NM413 BBLs887 MCFFeb 2025
Tin Cup 36 State ComLea County, NM286 BBLs644 MCFFeb 2025
TontoLea County, NM0 BBLs0 MCFSep 2018

Companies in the Area

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

Company Name
Amtex Energy, Inc.
COG Operating LLC
Devon Energy Production Company LP
Elk Oil Company
Franklin Mountain Energy 3, LLC
G And C Operating, LLC
Harvey E Yates Company
J & G Enterprise LTD., Co.
Kevin O Butler & Assoc Inc
Lario Oil & Gas Company
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
Maverick Permian LLC
McElvain Energy Inc
Nadel And Gussman Permian,L.L.C.
Oleum Energy LLC
Ray Westall
Raybaw Operating, LLC
Western Oil Producers Inc