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 2025 |
| Total Oil Production | 269,141 BBLs |
| Total Gas Production | 460,527 MCF |
| Recent Oil Production | 704 BBLs in Jun 2025 |
| Recent Gas Production | 3,105 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Merchant Gap
ShaleAssessment™
$44,250 *
MarketMultiple™
$93,213 **
* 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 | 14,259 BBLs | 56,813 MCF | Jun 2025 |
| Godfather 36 State Com | Lea County, NM | 604 BBLs | 6,566 MCF | Jun 2025 |
| Golden Tee 31 Federal Com | Lea County, NM | 50,858 BBLs | 260,437 MCF | Jun 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 | 40,302 BBLs | 99,667 MCF | Jul 2025 |
| Merchant Livestock | Lea County, NM | 1,880 BBLs | 4,333 MCF | Jun 2025 |
| Mortal Kombat 36 State Com | Lea County, NM | 833 BBLs | 5,224 MCF | Jun 2025 |
| North Ridge 8040 Federal Com | Lea County, NM | 15,209 BBLs | 43,028 MCF | Jul 2025 |
| Ojo Chiso | Lea County, NM | 0 BBLs | 850 MCF | Jul 2025 |
| Pac-Man 36 Federal Com | Lea County, NM | 20,204 BBLs | 117,170 MCF | Jun 2025 |
| Perro Loco 22 B | Lea County, NM | 1,409 BBLs | 3,752 MCF | Jun 2025 |
| Perro Loco 27 22 B | Lea County, NM | 12,111 BBLs | 31,165 MCF | Jun 2025 |
| Perro Loco 27 B | Lea County, NM | 10,686 BBLs | 10,780 MCF | Jun 2025 |
| Pryor State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Ring Neck 8817 26 Federal | Lea County, NM | 40,975 BBLs | 66,772 MCF | Jul 2025 |
| South Ridge 8030 2 11 State | Lea County, NM | 12,122 BBLs | 26,186 MCF | Jul 2025 |
| Squints Federal Com | Lea County, NM | 9,145 BBLs | 27,842 MCF | Jun 2025 |
| Winnebago 30 State Com | Lea County, NM | 69,124 BBLs | 145,861 MCF | Jun 2025 |
These are the closest 20 companies operating near the Merchant Gap property.