Oil & Gas Property in Lea County, NM
Key data points for Merit 32 DM State Com
| County | Lea County, NM |
|---|---|
| Operator | FRANKLIN MOUNTAIN ENERGY 3, LLC |
| Production Dates | Jan 2013 - Feb 2024 |
| Total Oil Production | 112,722 BBLs |
| Total Gas Production | 52,462 MCF |
| Recent Oil Production | 336 BBLs in Feb 2024 |
| Recent Gas Production | 56 MCF in Feb 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Merit 32 DM State Com
ShaleAssessment™
$14,052 *
MarketMultiple™
$41,678 **
* 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 Merit 32 DM State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Airstrip 31 | Lea County, NM | 9,305 BBLs | 8,126 MCF | Feb 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,032 BBLs | 228 MCF | Feb 2024 |
| Albatross State Com | Lea County, NM | 1,095 BBLs | 352 MCF | Feb 2024 |
| Belgian Blue 28 21 State Com | Lea County, NM | 3,693 BBLs | 2,036 MCF | Feb 2024 |
| Butter Cup 3 | Lea County, NM | 2,078 BBLs | 2,565 MCF | Feb 2024 |
| Condor State | Lea County, NM | 673 BBLs | 690 MCF | Feb 2024 |
| Ironhouse 19 State Com | Lea County, NM | 451 BBLs | 2,811 MCF | Feb 2024 |
| Ironhouse 2 | Lea County, NM | 3,964 BBLs | 7,543 MCF | Feb 2024 |
| Ironhouse 3 | Lea County, NM | 327 BBLs | 608 MCF | Feb 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| New Mexico DD State | Lea County, NM | 77 BBLs | 0 MCF | Feb 2024 |
| Nighthawk State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Rambo E2 08 17 State Com | Lea County, NM | 4,649 BBLs | 3,894 MCF | Feb 2024 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 533 BBLs | 820 MCF | Feb 2024 |
| Wild Cobra 1 State | Lea County, NM | 2,019 BBLs | 1,359 MCF | Feb 2024 |
These are the closest 20 companies operating near the Merit 32 DM State Com property.