Oil & Gas Property in Lea County, NM
Key data points for Magpie State
| County | Lea County, NM |
|---|---|
| Production Dates | Jul 2012 - Sep 2024 |
| Total Oil Production | 34,451 BBLs |
| Total Gas Production | 28,757 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for Magpie State
ShaleAssessment™
$2,227 *
MarketMultiple™
$17 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
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 | 1,565 BBLs | 1,131 MCF | May 2025 |
| Butter Cup 3 | Lea County, NM | 1,974 BBLs | 2,986 MCF | May 2025 |
| Caprock 27 State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Close Encounters State Com | Lea County, NM | 6,679 BBLs | 3,929 MCF | May 2025 |
| Condor State | Lea County, NM | 759 BBLs | 2,066 MCF | May 2025 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Et State Com | Lea County, NM | 1,369 BBLs | 201 MCF | May 2025 |
| Gold State Com | Lea County, NM | 14,153 BBLs | 29,482 MCF | May 2025 |
| Iggles State Com | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Ironhouse 19 State Com | Lea County, NM | 2,382 BBLs | 3,850 MCF | May 2025 |
| Ironhouse 2 | Lea County, NM | 4,978 BBLs | 4,473 MCF | May 2025 |
| King Cobra 2 State | Lea County, NM | 1,828 BBLs | 2,002 MCF | May 2025 |
| Kingfisher State Com | Lea County, NM | 753 BBLs | 305 MCF | May 2025 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Satellite State Com | Lea County, NM | 126,448 BBLs | 156,790 MCF | May 2025 |
| Sky Dweller 14 State Com | Lea County, NM | 17,004 BBLs | 10,369 MCF | May 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 464 BBLs | 496 MCF | May 2025 |
| Tonto | Lea County, NM | 0 BBLs | 0 MCF | Sep 2018 |
These are the closest 20 companies operating near the Magpie State property.