Oil & Gas Property in Lea County, NM
Key data points for Merchant Gap
| County | Lea County, NM |
|---|---|
| Operator | PERMIAN RESOURCES OPERATING, LLC |
| Production Dates | Apr 2014 - Jul 2025 |
| Total Oil Production | 269,641 BBLs |
| Total Gas Production | 463,937 MCF |
| Recent Oil Production | 500 BBLs in Jul 2025 |
| Recent Gas Production | 3,410 MCF in Jul 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Merchant Gap
ShaleAssessment™
$43,675 *
MarketMultiple™
$94,841 **
* 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 Gap property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antelope 8006 JVP | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
| Donkey Kong 1 Federal Com | Lea County, NM | 19,018 BBLs | 89,413 MCF | Jul 2025 |
| Duck Hunt 1 | Lea County, NM | 17,160 BBLs | 65,504 MCF | Jul 2025 |
| Golden Tee 31 Federal Com | Lea County, NM | 53,577 BBLs | 271,199 MCF | Aug 2025 |
| Maddox Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2022 |
| Maxus | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Maxus 8026 Federal | Lea County, NM | 38,455 BBLs | 100,582 MCF | Aug 2025 |
| Merchant Livestock | Lea County, NM | 1,877 BBLs | 6,762 MCF | Jul 2025 |
| Mortal Kombat 36 State Com | Lea County, NM | 1,032 BBLs | 4,049 MCF | Jul 2025 |
| North Ridge 8040 Federal Com | Lea County, NM | 25,609 BBLs | 49,144 MCF | Aug 2025 |
| Ojo Chiso | Lea County, NM | 82 BBLs | 1,313 MCF | Aug 2025 |
| Pac-Man 36 Federal Com | Lea County, NM | 18,192 BBLs | 59,243 MCF | Jul 2025 |
| Perro Loco 22 B | Lea County, NM | 1,550 BBLs | 3,745 MCF | Jul 2025 |
| Perro Loco 27 22 B | Lea County, NM | 10,781 BBLs | 26,956 MCF | Jul 2025 |
| Perro Loco 27 B | Lea County, NM | 12,787 BBLs | 14,225 MCF | Jul 2025 |
| Pryor State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Ring Neck 8817 26 Federal | Lea County, NM | 38,809 BBLs | 71,164 MCF | Aug 2025 |
| South Ridge 8030 2 11 State | Lea County, NM | 44,559 BBLs | 66,030 MCF | Aug 2025 |
| Squints Federal Com | Lea County, NM | 10,832 BBLs | 34,199 MCF | Aug 2025 |
| Winnebago 30 State Com | Lea County, NM | 148,944 BBLs | 254,921 MCF | Jul 2025 |
These are the closest 20 companies operating near the Merchant Gap property.