Oil & Gas Property in Lea County, NM
Key data points for Merchant State Unit
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2014 - Dec 2025 |
| Total Oil Production | 10,035,225 BBLs |
| Total Gas Production | 18,125,462 MCF |
| Recent Oil Production | 44,678 BBLs in Dec 2025 |
| Recent Gas Production | 186,464 MCF in Dec 2025 |
| Wells on Property | 24 |
Our Valuation Estimates for Merchant State Unit
ShaleAssessment™
$41,906 *
MarketMultiple™
$6,348,631 **
* 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 | 4,273 BBLs | 2,722 MCF | Dec 2025 |
| Battle | Lea County, NM | 6,408 BBLs | 8,893 MCF | Dec 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 5,062 BBLs | 7,803 MCF | Dec 2025 |
| Date 14 State Com | Lea County, NM | 34,561 BBLs | 225,540 MCF | Dec 2025 |
| DL 4 33 Federal Com | Lea County, NM | 34,109 BBLs | 0 MCF | Dec 2025 |
| Grey Hawk State | Lea County, NM | 2,408 BBLs | 3,326 MCF | Dec 2025 |
| Huckleberry State Com | Lea County, NM | 4,663 BBLs | 17,299 MCF | Dec 2025 |
| Juice Bud State Com | Lea County, NM | 5,079 BBLs | 7,000 MCF | Dec 2025 |
| Lobo 26 State | Lea County, NM | 962 BBLs | 2,288 MCF | Dec 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 25,184 BBLs | 87,165 MCF | Dec 2025 |
| Naguss 30 State Com | Lea County, NM | 3,163 BBLs | 1,675 MCF | Dec 2025 |
| Naguss BRN State Com | Lea County, NM | 434 BBLs | 1,109 MCF | Dec 2025 |
| Nervosa 24 State Com | Lea County, NM | 2,045 BBLs | 3,588 MCF | Dec 2025 |
| Pygmy 27 State | Lea County, NM | 2,550 BBLs | 4,651 MCF | Dec 2025 |
| Raspberry | Lea County, NM | 3,510 BBLs | 12,939 MCF | Dec 2025 |
| Tenderloin Federal Com | Lea County, NM | 23,273 BBLs | 46,503 MCF | Dec 2025 |
| Warbler State | Lea County, NM | 1,863 BBLs | 715 MCF | Dec 2025 |
| West Grama Ridge | Lea County, NM | 607 BBLs | 1,128 MCF | Dec 2025 |
| Witherspoon 23 State | Lea County, NM | 112 BBLs | 3,288 MCF | Dec 2025 |
| Witherspoon 26 23 State | Lea County, NM | 1,796 BBLs | 4,977 MCF | Dec 2025 |
These are the closest 20 companies operating near the Merchant State Unit property.