Oil & Gas Property in Lea County, NM
Key data points for Merchant State Unit
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2014 - Sep 2025 |
| Total Oil Production | 9,902,430 BBLs |
| Total Gas Production | 17,574,309 MCF |
| Recent Oil Production | 45,806 BBLs in Sep 2025 |
| Recent Gas Production | 200,938 MCF in Sep 2025 |
| Wells on Property | 24 |
Our Valuation Estimates for Merchant State Unit
ShaleAssessment™
$46,228 *
MarketMultiple™
$7,482,159 **
* 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 | 3,911 BBLs | 3,316 MCF | Oct 2025 |
| Battle | Lea County, NM | 5,818 BBLs | 6,582 MCF | Oct 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 1,943 BBLs | 4,081 MCF | Sep 2025 |
| Date 14 State Com | Lea County, NM | 38,939 BBLs | 232,317 MCF | Oct 2025 |
| DL 4 33 Federal Com | Lea County, NM | 68,871 BBLs | 157,109 MCF | Sep 2025 |
| DL 9 16 Federal Com | Lea County, NM | 71,126 BBLs | 206,989 MCF | Sep 2025 |
| Grey Hawk State | Lea County, NM | 2,693 BBLs | 4,072 MCF | Oct 2025 |
| Huckleberry State Com | Lea County, NM | 9,246 BBLs | 30,832 MCF | Oct 2025 |
| Juice Bud State Com | Lea County, NM | 4,846 BBLs | 7,595 MCF | Oct 2025 |
| Lobo 26 State | Lea County, NM | 994 BBLs | 2,010 MCF | Oct 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 25,407 BBLs | 79,714 MCF | Sep 2025 |
| Naguss 30 State Com | Lea County, NM | 3,773 BBLs | 5,059 MCF | Oct 2025 |
| Naguss BRN State Com | Lea County, NM | 465 BBLs | 1,032 MCF | Oct 2025 |
| Nervosa 24 State Com | Lea County, NM | 2,509 BBLs | 4,750 MCF | Oct 2025 |
| Pygmy 27 State | Lea County, NM | 690 BBLs | 1,322 MCF | Oct 2025 |
| Raspberry | Lea County, NM | 6,217 BBLs | 9,655 MCF | Oct 2025 |
| Tenderloin Federal Com | Lea County, NM | 23,821 BBLs | 42,839 MCF | Oct 2025 |
| Warbler State | Lea County, NM | 1,665 BBLs | 321 MCF | Sep 2025 |
| West Grama Ridge | Lea County, NM | 0 BBLs | 26 MCF | Sep 2025 |
| Witherspoon 26 23 State | Lea County, NM | 1,736 BBLs | 4,992 MCF | Sep 2025 |
These are the closest 20 companies operating near the Merchant State Unit property.