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 - Jun 2026 |
| Total Oil Production | 273,811 BBLs |
| Total Gas Production | 482,672 MCF |
| Recent Oil Production | 561 BBLs in Jun 2026 |
| Recent Gas Production | 1,510 MCF in Jun 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Merchant Gap
ShaleAssessment™
$37,843 *
MarketMultiple™
$49,953 **
* 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 |
| Duck Hunt 1 | Lea County, NM | 14,938 BBLs | 96,593 MCF | Jun 2026 |
| Godfather 36 State Com | Lea County, NM | 1,187 BBLs | 15,812 MCF | Jun 2026 |
| Golden Tee 31 Federal Com | Lea County, NM | 35,558 BBLs | 221,811 MCF | Jun 2026 |
| 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 | 30,688 BBLs | 101,786 MCF | Jun 2026 |
| Merchant Livestock | Lea County, NM | 5,337 BBLs | 23,337 MCF | Jun 2026 |
| Mortal Kombat 36 State Com | Lea County, NM | 924 BBLs | 7,721 MCF | Jun 2026 |
| North Ridge 8040 Federal Com | Lea County, NM | 21,939 BBLs | 54,360 MCF | Jun 2026 |
| Ojo Chiso | Lea County, NM | 23 BBLs | 509 MCF | Jun 2026 |
| Pac-Man 36 Federal Com | Lea County, NM | 21,772 BBLs | 123,000 MCF | Jun 2026 |
| Perro Loco 22 B | Lea County, NM | 2,490 BBLs | 10,157 MCF | Jun 2026 |
| Perro Loco 27 22 B | Lea County, NM | 10,770 BBLs | 29,150 MCF | Jun 2026 |
| Perro Loco 27 B | Lea County, NM | 7,808 BBLs | 17,574 MCF | Jun 2026 |
| Pryor State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Ring Neck 8817 26 Federal | Lea County, NM | 17,937 BBLs | 47,463 MCF | Jun 2026 |
| South Ridge 8030 2 11 State | Lea County, NM | 30,037 BBLs | 64,655 MCF | Jun 2026 |
| Squints Federal Com | Lea County, NM | 7,654 BBLs | 26,292 MCF | Jul 2026 |
| Winnebago 30 State Com | Lea County, NM | 47,808 BBLs | 259,760 MCF | Jun 2026 |
These are the closest 20 companies operating near the Merchant Gap property.