Merchant State Unit

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Merchant State Unit Oil & Gas Property

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Property Summary

Key data points for Merchant State Unit

County,
Production DatesJun 2014 - Mar 2025
Total Oil Production9,597,423 BBLs
Total Gas Production16,297,333 MCF
Recent Oil Production62,665 BBLs in Mar 2025
Recent Gas Production233,937 MCF in Mar 2025
Wells on Property24

Our Valuation Estimates for Merchant State Unit

ShaleAssessment™

$50,998 *

MarketMultiple™

$10,016,999 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Merchant State Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Merchant State Unit
from Jun 2014 to Mar 2025

Wells on Merchant State Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
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Leases included in Merchant State Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
319603MERCHANT STATE UNITADVANCE ENERGY PARTNERS HAT MESA, LLCLea County, NM
334537MERCHANT STATE UNITMATADOR PRODUCTION COMPANYLea County, NM

Operators Associated With Merchant State Unit

Nearby Properties

These are the closest 20 properties to the Merchant State Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abe StateLea County, NM2,690 BBLs4,023 MCFMar 2025
BattleLea County, NM7,062 BBLs10,585 MCFMar 2025
Crunch Berry 6 Federal ComLea County, NM11,636 BBLs20,647 MCFMar 2025
Date 14 State ComLea County, NM55,864 BBLs156,909 MCFMar 2025
DL 4 33 Federal ComLea County, NM157,017 BBLs239,331 MCFApr 2025
Grey Hawk StateLea County, NM2,886 BBLs4,937 MCFMar 2025
Huckleberry State ComLea County, NM11,749 BBLs39,465 MCFMar 2025
Juice Bud State ComLea County, NM5,414 BBLs4,943 MCFMar 2025
Lobo 26 StateLea County, NM473 BBLs713 MCFMar 2025
Loco Dinero 36 State ComLea County, NM33,440 BBLs84,243 MCFMar 2025
Naguss 30 State ComLea County, NM4,139 BBLs3,098 MCFMar 2025
Naguss BRN State ComLea County, NM508 BBLs647 MCFMar 2025
Nervosa 24 State ComLea County, NM1,466 BBLs1,718 MCFMar 2025
Pygmy 27 StateLea County, NM1,162 BBLs2,640 MCFMar 2025
RaspberryLea County, NM2,231 BBLs8,018 MCFMar 2025
Tenderloin Federal ComLea County, NM25,009 BBLs43,804 MCFMar 2025
Warbler StateLea County, NM682 BBLs191 MCFMar 2025
West Grama RidgeLea County, NM606 BBLs2,380 MCFMar 2025
Witherspoon 23 StateLea County, NM336 BBLs4,315 MCFMar 2025
Witherspoon 26 23 StateLea County, NM1,897 BBLs4,996 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the Merchant State Unit property.

Company Name