Oil & Gas Property in Lea County, NM
Key data points for Merchant State Unit
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2014 - Nov 2025 |
| Total Oil Production | 9,990,547 BBLs |
| Total Gas Production | 17,938,998 MCF |
| Recent Oil Production | 44,093 BBLs in Nov 2025 |
| Recent Gas Production | 176,664 MCF in Nov 2025 |
| Wells on Property | 24 |
Our Valuation Estimates for Merchant State Unit
ShaleAssessment™
$43,548 *
MarketMultiple™
$7,128,902 **
* 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 | 2,334 BBLs | 1,370 MCF | Nov 2025 |
| Battle | Lea County, NM | 5,540 BBLs | 6,013 MCF | Nov 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 4,044 BBLs | 5,542 MCF | Nov 2025 |
| Date 14 State Com | Lea County, NM | 37,381 BBLs | 211,828 MCF | Nov 2025 |
| DL 4 33 Federal Com | Lea County, NM | 11,668 BBLs | 0 MCF | Nov 2025 |
| Grey Hawk State | Lea County, NM | 2,498 BBLs | 3,252 MCF | Nov 2025 |
| Huckleberry State Com | Lea County, NM | 9,467 BBLs | 32,874 MCF | Nov 2025 |
| Juice Bud State Com | Lea County, NM | 3,604 BBLs | 3,621 MCF | Nov 2025 |
| Lobo 26 State | Lea County, NM | 794 BBLs | 1,936 MCF | Nov 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 25,397 BBLs | 83,986 MCF | Nov 2025 |
| Naguss 30 State Com | Lea County, NM | 3,057 BBLs | 1,990 MCF | Nov 2025 |
| Naguss BRN State Com | Lea County, NM | 483 BBLs | 799 MCF | Nov 2025 |
| Nervosa 24 State Com | Lea County, NM | 2,273 BBLs | 4,327 MCF | Nov 2025 |
| Pygmy 27 State | Lea County, NM | 1,924 BBLs | 3,541 MCF | Nov 2025 |
| Raspberry | Lea County, NM | 4,753 BBLs | 13,120 MCF | Nov 2025 |
| Tenderloin Federal Com | Lea County, NM | 22,706 BBLs | 43,070 MCF | Nov 2025 |
| Warbler State | Lea County, NM | 1,825 BBLs | 641 MCF | Nov 2025 |
| West Grama Ridge | Lea County, NM | 555 BBLs | 1,056 MCF | Nov 2025 |
| Witherspoon 23 State | Lea County, NM | 350 BBLs | 3,639 MCF | Nov 2025 |
| Witherspoon 26 23 State | Lea County, NM | 1,684 BBLs | 4,834 MCF | Nov 2025 |
These are the closest 20 companies operating near the Merchant State Unit property.