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 - Feb 2025 |
| Total Oil Production | 665,471 BBLs |
| Total Gas Production | 1,210,184 MCF |
| Recent Oil Production | 6,241 BBLs in Feb 2025 |
| Recent Gas Production | 11,337 MCF in Feb 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Merit Federal
ShaleAssessment™
Not Available
MarketMultiple™
$1,013,720 **
* 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 | 5,516 BBLs | 8,645 MCF | Feb 2025 |
| Bidder 49 Federal Com | Lea County, NM | 7,742 BBLs | 25,741 MCF | Feb 2025 |
| Blue Ribbon Federal Com | Lea County, NM | 7,680 BBLs | 8,798 MCF | Feb 2025 |
| Carnival Federal Com | Lea County, NM | 49,316 BBLs | 206,006 MCF | Feb 2025 |
| Carnival State Com | Lea County, NM | 17,242 BBLs | 65,384 MCF | Feb 2025 |
| Clincher Federal Com | Lea County, NM | 10,458 BBLs | 20,106 MCF | Feb 2025 |
| County Fair Federal Com | Lea County, NM | 11,110 BBLs | 13,418 MCF | Feb 2025 |
| El Paso Federal Com | Lea County, NM | 3,205 BBLs | 5,072 MCF | Feb 2025 |
| FMM Federal Com | Lea County, NM | 42,295 BBLs | 125,749 MCF | Feb 2025 |
| Green Light Federal Com | Lea County, NM | 66,630 BBLs | 215,592 MCF | Feb 2025 |
| KC7 Federal Com | Lea County, NM | 7,719 BBLs | 25,299 MCF | Feb 2025 |
| Mission Federal Com | Lea County, NM | 8,547 BBLs | 13,285 MCF | Feb 2025 |
| Par Three 25 36 06 Federal Com | Lea County, NM | 36,431 BBLs | 88,046 MCF | Feb 2025 |
| Parade Bwy State | Lea County, NM | 370 BBLs | 88 MCF | Feb 2025 |
| Parade State Com | Lea County, NM | 9,003 BBLs | 12,847 MCF | Feb 2025 |
| Pine Straw 25 36 05 Federal Com | Lea County, NM | 21,042 BBLs | 62,813 MCF | Feb 2025 |
| Seinfeld Yada Federal Unit | Lea County, NM | 60,937 BBLs | 109,833 MCF | Feb 2025 |
| Uncle Richard State Com | Lea County, NM | 7,361 BBLs | 21,746 MCF | Feb 2025 |
| Vested Federal Com | Lea County, NM | 6,873 BBLs | 16,971 MCF | Feb 2025 |
| Western Federal Com | Lea County, NM | 10,832 BBLs | 21,005 MCF | Feb 2025 |
These are the closest 20 companies operating near the Merit Federal property.