Oil & Gas Property in Lea County, NM
Key data points for Merchant 8700 JV P
| County | Lea County, NM |
|---|---|
| Operator | BTA OIL PRODUCERS, LLC |
| Production Dates | Aug 2001 - Dec 2025 |
| Total Oil Production | 5,466 BBLs |
| Total Gas Production | 2,026,420 MCF |
| Recent Oil Production | 0 BBLs in Dec 2025 |
| Recent Gas Production | 3,300 MCF in Dec 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Merchant 8700 JV P
ShaleAssessment™
$11,676 *
MarketMultiple™
$9,472 **
* 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 Merchant 8700 JV P property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bruce Keplinger 13 State Com | Lea County, NM | 492 BBLs | 462 MCF | Dec 2025 |
| Dee Osborne 19 | Lea County, NM | 17,921 BBLs | 66,551 MCF | Dec 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 5,746 BBLs | 20,773 MCF | Dec 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 29,104 BBLs | 85,725 MCF | Dec 2025 |
| Grama Ridge 116 35 | Lea County, NM | 23,549 BBLs | 79,980 MCF | Dec 2025 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 422 MCF | Dec 2025 |
| Gramma 27 State | Lea County, NM | 2,096 BBLs | 11,997 MCF | Dec 2025 |
| Inland 26 23 B | Lea County, NM | 20,120 BBLs | 94,722 MCF | Dec 2025 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee BWS State Com | Lea County, NM | 4,126 BBLs | 3,237 MCF | Dec 2025 |
| Lychee State Com | Lea County, NM | 11,259 BBLs | 79,044 MCF | Dec 2025 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| New Mexico BZ State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2008 |
| North Wilson Deep Unit | Lea County, NM | 32,737 BBLs | 120,807 MCF | Dec 2025 |
| Outland 1 | Lea County, NM | 39,268 BBLs | 146,049 MCF | Dec 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 1,803 BBLs | 1,993 MCF | Dec 2025 |
| Outland State Unit | Lea County, NM | 64,892 BBLs | 191,168 MCF | Dec 2025 |
| Phillips State | Lea County, NM | 0 BBLs | 3,780 MCF | Dec 2025 |
| Wilson | Lea County, NM | 0 BBLs | 280 MCF | Dec 2025 |
| Wilson Deep Unit | Lea County, NM | 10 BBLs | 1,950 MCF | Dec 2025 |
These are the closest 20 companies operating near the Merchant 8700 JV P property.