Oil & Gas Property in Lea County, NM
Key data points for Magpie State
| County | Lea County, NM |
|---|---|
| Production Dates | Jul 2012 - Jan 2024 |
| Total Oil Production | 34,450 BBLs |
| Total Gas Production | 28,756 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for Magpie State
ShaleAssessment™
$2,435 *
MarketMultiple™
$10,111 **
* 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 Magpie State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Albatross State Com | Lea County, NM | 1,095 BBLs | 352 MCF | Feb 2024 |
| Butter Cup 3 | Lea County, NM | 2,078 BBLs | 2,565 MCF | Feb 2024 |
| Caprock 27 State | Lea County, NM | 163 BBLs | 131 MCF | Feb 2024 |
| Condor State | Lea County, NM | 673 BBLs | 690 MCF | Feb 2024 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Iggles State Com | Lea County, NM | 1,564 BBLs | 913 MCF | Feb 2024 |
| Ironhouse 19 State Com | Lea County, NM | 451 BBLs | 2,811 MCF | Feb 2024 |
| Ironhouse 2 | Lea County, NM | 3,964 BBLs | 7,543 MCF | Feb 2024 |
| King Cobra 2 State | Lea County, NM | 2,114 BBLs | 720 MCF | Feb 2024 |
| Kingfisher State Com | Lea County, NM | 477 BBLs | 0 MCF | Feb 2024 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Pickard 20 18 34 RN State | Lea County, NM | 762 BBLs | 1,278 MCF | Feb 2024 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teapot | Lea County, NM | 841 BBLs | 1,921 MCF | Feb 2024 |
| Tin Cup 36 State Com | Lea County, NM | 533 BBLs | 820 MCF | Feb 2024 |
| Tonto | Lea County, NM | 0 BBLs | 0 MCF | Sep 2018 |
| Tres Primos 3 State | Lea County, NM | 1,957 BBLs | 839 MCF | Feb 2024 |
| Wild Cobra 1 State | Lea County, NM | 2,019 BBLs | 1,359 MCF | Feb 2024 |
| Yeso State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
These are the closest 20 companies operating near the Magpie State property.