Oil & Gas Property in Lea County, NM
Key data points for Merchant State Unit
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2014 - Jul 2025 |
| Total Oil Production | 9,807,581 BBLs |
| Total Gas Production | 17,163,428 MCF |
| Recent Oil Production | 49,176 BBLs in Jul 2025 |
| Recent Gas Production | 212,141 MCF in Jul 2025 |
| Wells on Property | 24 |
Our Valuation Estimates for Merchant State Unit
ShaleAssessment™
$48,267 *
MarketMultiple™
$8,095,866 **
* 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 State Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abe State | Lea County, NM | 3,917 BBLs | 5,422 MCF | Aug 2025 |
| Battle | Lea County, NM | 4,800 BBLs | 4,856 MCF | Aug 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 11,522 BBLs | 17,859 MCF | Jul 2025 |
| Date 14 State Com | Lea County, NM | 45,200 BBLs | 180,738 MCF | Jul 2025 |
| DL 4 33 Federal Com | Lea County, NM | 99,529 BBLs | 179,761 MCF | Jul 2025 |
| Grey Hawk State | Lea County, NM | 1,304 BBLs | 1,548 MCF | Aug 2025 |
| Huckleberry State Com | Lea County, NM | 4,903 BBLs | 22,591 MCF | Aug 2025 |
| Juice Bud State Com | Lea County, NM | 4,842 BBLs | 6,299 MCF | Jul 2025 |
| Lobo 26 State | Lea County, NM | 828 BBLs | 1,619 MCF | Aug 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 27,311 BBLs | 78,216 MCF | Aug 2025 |
| Naguss 30 State Com | Lea County, NM | 3,968 BBLs | 3,765 MCF | Jul 2025 |
| Naguss BRN State Com | Lea County, NM | 505 BBLs | 835 MCF | Jul 2025 |
| Nervosa 24 State Com | Lea County, NM | 2,422 BBLs | 4,701 MCF | Jul 2025 |
| Pygmy 27 State | Lea County, NM | 1,187 BBLs | 1,182 MCF | Jul 2025 |
| Raspberry | Lea County, NM | 1,644 BBLs | 3,388 MCF | Jul 2025 |
| Tenderloin Federal Com | Lea County, NM | 26,815 BBLs | 43,884 MCF | Aug 2025 |
| Warbler State | Lea County, NM | 1,626 BBLs | 308 MCF | Jul 2025 |
| West Grama Ridge | Lea County, NM | 670 BBLs | 3,593 MCF | Jul 2025 |
| Witherspoon 23 State | Lea County, NM | 476 BBLs | 1,948 MCF | Jul 2025 |
| Witherspoon 26 23 State | Lea County, NM | 1,860 BBLs | 6,323 MCF | Jul 2025 |
These are the closest 20 companies operating near the Merchant State Unit property.