Oil & Gas Property in Lea County, NM
Key data points for Merchant State Unit
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2014 - May 2025 |
| Total Oil Production | 9,710,567 BBLs |
| Total Gas Production | 16,746,734 MCF |
| Recent Oil Production | 55,528 BBLs in May 2025 |
| Recent Gas Production | 222,328 MCF in May 2025 |
| Wells on Property | 24 |
Our Valuation Estimates for Merchant State Unit
ShaleAssessment™
$49,818 *
MarketMultiple™
$9,268,654 **
* 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 | 5,517 BBLs | 7,564 MCF | May 2025 |
| Battle | Lea County, NM | 8,502 BBLs | 12,631 MCF | May 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 11,348 BBLs | 20,096 MCF | May 2025 |
| Date 14 State Com | Lea County, NM | 60,872 BBLs | 265,216 MCF | May 2025 |
| DL 4 33 Federal Com | Lea County, NM | 96,398 BBLs | 159,140 MCF | May 2025 |
| Grey Hawk State | Lea County, NM | 2,290 BBLs | 4,218 MCF | May 2025 |
| Huckleberry State Com | Lea County, NM | 10,086 BBLs | 37,070 MCF | May 2025 |
| Juice Bud State Com | Lea County, NM | 5,515 BBLs | 6,046 MCF | May 2025 |
| Lobo 26 State | Lea County, NM | 838 BBLs | 1,266 MCF | May 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 30,083 BBLs | 83,739 MCF | May 2025 |
| Naguss 30 State Com | Lea County, NM | 2,988 BBLs | 4,106 MCF | May 2025 |
| Naguss BRN State Com | Lea County, NM | 741 BBLs | 696 MCF | May 2025 |
| Nervosa 24 State Com | Lea County, NM | 2,420 BBLs | 4,974 MCF | May 2025 |
| Pygmy 27 State | Lea County, NM | 1,038 BBLs | 2,235 MCF | May 2025 |
| Raspberry | Lea County, NM | 2,407 BBLs | 5,592 MCF | May 2025 |
| Tenderloin Federal Com | Lea County, NM | 11,826 BBLs | 24,344 MCF | May 2025 |
| Warbler State | Lea County, NM | 705 BBLs | 248 MCF | May 2025 |
| West Grama Ridge | Lea County, NM | 583 BBLs | 2,314 MCF | May 2025 |
| Witherspoon 23 State | Lea County, NM | 292 BBLs | 4,158 MCF | May 2025 |
| Witherspoon 26 23 State | Lea County, NM | 2,048 BBLs | 6,196 MCF | May 2025 |
These are the closest 20 companies operating near the Merchant State Unit property.