Oil & Gas Property in Lea County, NM
Key data points for Merit Federal
County | Lea County, NM |
---|---|
Operator | FRANKLIN MOUNTAIN ENERGY LLC |
Production Dates | Mar 2022 - Jan 2024 |
Total Oil Production | 566,438 BBLs |
Total Gas Production | 1,000,421 MCF |
Recent Oil Production | 9,576 BBLs in Jan 2024 |
Recent Gas Production | 15,719 MCF in Jan 2024 |
Wells on Property | 2 |
Our Valuation Estimates for Merit Federal
ShaleAssessment™
Not Available
MarketMultiple™
$1,275,965 **
* 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 Federal property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Beauty Queen Federal Com | Lea County, NM | 9,734 BBLs | 13,165 MCF | Jan 2024 |
Bidder 49 Federal Com | Lea County, NM | 8,039 BBLs | 13,582 MCF | Jan 2024 |
Blue Ribbon Federal Com | Lea County, NM | 9,330 BBLs | 9,727 MCF | Jan 2024 |
Carnival Federal Com | Lea County, NM | 51,202 BBLs | 58,562 MCF | Jan 2024 |
Carnival State Com | Lea County, NM | 16,844 BBLs | 14,462 MCF | Jan 2024 |
Clincher Federal Com | Lea County, NM | 16,029 BBLs | 22,739 MCF | Jan 2024 |
County Fair Federal Com | Lea County, NM | 15,615 BBLs | 28,437 MCF | Jan 2024 |
El Paso Federal Com | Lea County, NM | 25,829 BBLs | 46,333 MCF | Jan 2024 |
FMM Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2023 |
Green Light Federal Com | Lea County, NM | 84,122 BBLs | 75,588 MCF | Jan 2024 |
KC7 Federal Com | Lea County, NM | 10,379 BBLs | 17,736 MCF | Jan 2024 |
Mission Federal Com | Lea County, NM | 13,995 BBLs | 28,052 MCF | Jan 2024 |
Par Three 25 36 06 Federal Com | Lea County, NM | 622 BBLs | 1,964 MCF | Jan 2024 |
Parade State Com | Lea County, NM | 13,492 BBLs | 15,497 MCF | Jan 2024 |
Pine Straw 25 36 05 Federal Com | Lea County, NM | 1,951 BBLs | 830 MCF | Jan 2024 |
Seinfeld MH Federal Unit | Lea County, NM | 47,901 BBLs | 90,513 MCF | Jan 2024 |
Seinfeld Mulva Federal Unit | Lea County, NM | 60,571 BBLs | 79,451 MCF | Jan 2024 |
Seinfeld Yada Federal Unit | Lea County, NM | 38,671 BBLs | 66,869 MCF | Jan 2024 |
Vested Federal Com | Lea County, NM | 11,614 BBLs | 28,765 MCF | Jan 2024 |
Western Federal Com | Lea County, NM | 16,814 BBLs | 25,725 MCF | Jan 2024 |
These are the closest 20 companies operating near the Merit Federal property.