Oil & Gas Property in Lea County, NM
Key data points for Merchant State Unit
County | Lea County, NM |
---|---|
Production Dates | Jun 2014 - Jan 2024 |
Total Oil Production | 8,632,449 BBLs |
Total Gas Production | 13,555,169 MCF |
Recent Oil Production | 808 BBLs in Jan 2024 |
Recent Gas Production | 1,041 MCF in Jan 2024 |
Wells on Property | 24 |
Our Valuation Estimates for Merchant State Unit
ShaleAssessment™
$64,719 *
MarketMultiple™
$7,765,448 **
* 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 | 28 BBLs | 218 MCF | Feb 2024 |
Battle | Lea County, NM | 1,980 BBLs | 4,938 MCF | Feb 2024 |
Crunch Berry 6 Federal Com | Lea County, NM | 14,378 BBLs | 24,585 MCF | Feb 2024 |
Date 14 State Com | Lea County, NM | 14,520 BBLs | 30,414 MCF | Jan 2024 |
DL 4 33 Federal Com | Lea County, NM | 3,078 BBLs | 35,421 MCF | Feb 2024 |
DL 4 33 Loch Ness P1 Federal Com | Lea County, NM | 9,518 BBLs | 51,609 MCF | Feb 2024 |
Grey Hawk State | Lea County, NM | 2,054 BBLs | 2,911 MCF | Feb 2024 |
Huckleberry State Com | Lea County, NM | 4,774 BBLs | 25,805 MCF | Feb 2024 |
Juice Bud State Com | Lea County, NM | 3,115 BBLs | 2,179 MCF | Jan 2024 |
Loco Dinero 36 State Com | Lea County, NM | 39,786 BBLs | 59,746 MCF | Feb 2024 |
Naguss 30 State Com | Lea County, NM | 1,779 BBLs | 1,599 MCF | Jan 2024 |
Naguss BRN State Com | Lea County, NM | 1,326 BBLs | 102 MCF | Jan 2024 |
Nervosa 24 State Com | Lea County, NM | 1,670 BBLs | 1,730 MCF | Jan 2024 |
Persimmon 24 State Com | Lea County, NM | 1,447 BBLs | 30,945 MCF | Jan 2024 |
Pygmy 27 State | Lea County, NM | 1,311 BBLs | 7,948 MCF | Feb 2024 |
Raspberry | Lea County, NM | 360 BBLs | 614 MCF | Feb 2024 |
Tenderloin Federal Com | Lea County, NM | 22,845 BBLs | 27,077 MCF | Feb 2024 |
Warbler State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
West Grama Ridge | Lea County, NM | 833 BBLs | 2,364 MCF | Feb 2024 |
Witherspoon 26 23 State | Lea County, NM | 2,159 BBLs | 9,520 MCF | Feb 2024 |
These are the closest 20 companies operating near the Merchant State Unit property.