Merit Federal

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Merit Federal Oil & Gas Property

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Property Summary

Key data points for Merit Federal

CountyLea County, NM
OperatorCOTERRA ENERGY OPERATING CO.
Production DatesFeb 2022 - May 2026
Total Oil Production785,560 BBLs
Total Gas Production1,567,600 MCF
Recent Oil Production6,862 BBLs in May 2026
Recent Gas Production10,506 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Merit Federal

ShaleAssessment™

Not Available

MarketMultiple™

$740,020 **

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

Based on a decimal interest

Merit Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Merit Federal
from Feb 2022 to May 2026

Wells on Merit Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-48619MERIT FEDERAL 602HCoterra Energy Operating Co.NewLea County, NM32.166034-103.320504
30-025-48620MERIT FEDERAL 703HCoterra Energy Operating Co.NewLea County, NM32.166034-103.320391

Leases included in Merit Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
338259MERIT FEDERALCoterra Energy Operating Co.Lea County, NM

Nearby Properties

These are the closest 20 properties to the Merit Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beauty Queen Federal ComLea County, NM6,677 BBLs9,536 MCFMay 2026
Bidder 49 Federal ComLea County, NM5,243 BBLs20,785 MCFMay 2026
Blue Ribbon Federal ComLea County, NM8,755 BBLs8,283 MCFMay 2026
Carnival Federal ComLea County, NM28,591 BBLs109,599 MCFMay 2026
Carnival State ComLea County, NM14,291 BBLs44,128 MCFMay 2026
Clincher Federal ComLea County, NM10,909 BBLs22,257 MCFMay 2026
County Fair Federal ComLea County, NM8,016 BBLs6,990 MCFMay 2026
El Paso Federal ComLea County, NM9,248 BBLs20,617 MCFMay 2026
FMM Federal ComLea County, NM14,287 BBLs84,128 MCFMay 2026
Green Light Federal ComLea County, NM38,352 BBLs180,433 MCFMay 2026
KC7 Federal ComLea County, NM6,750 BBLs28,663 MCFMay 2026
Ken Stewart Federal ComLea County, NM20,289 BBLs46,203 MCFMay 2026
Mission Federal ComLea County, NM8,680 BBLs47,926 MCFMay 2026
Par Three 25 36 06 Federal ComLea County, NM22,145 BBLs69,904 MCFMay 2026
Parade Bwy StateLea County, NM474 BBLs1,283 MCFMay 2026
Parade State ComLea County, NM9,340 BBLs11,415 MCFMay 2026
Proxy Wca State ComLea County, NM878 BBLs3,369 MCFMay 2026
Seinfeld Yada Federal UnitLea County, NM0 BBLs0 MCFApr 2026
Vested Federal ComLea County, NM6,193 BBLs19,901 MCFMay 2026
Western Federal ComLea County, NM7,809 BBLs23,535 MCFMay 2026

Companies in the Area

These are the closest 20 companies operating near the Merit Federal property.

Company Name
3R Operating , LLC
Ameredev New Mexico, LLC
BC & D Operating Inc.
Burlington Resources Oil And Gas Co.
Cameron Oil & Gas Inc
Canyon E & P Company
Chesapeake Operating, Inc.
Civitas Permian Operating, LLC
COG Operating LLC
Convest Energy Corporation
Coterra Energy Operating Co.
Coterra Energy Operating F LLC
Endurance Resources LLC
EOG Resources Inc
Fae II Operating LLC
Herman L. Loeb LLC
Matador Production Company
Oxy USA WTP Limited Partnership
SMC Oil & Gas, Inc.
Texaco Exploration & Prod Inc

Frac'ing activity on Merit Federal

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-48619Merit Federal 602H
30-025-48620Merit Federal 703H