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 - Feb 2026
Total Oil Production763,831 BBLs
Total Gas Production1,531,411 MCF
Recent Oil Production6,030 BBLs in Feb 2026
Recent Gas Production5,844 MCF in Feb 2026
Wells on Property2

Our Valuation Estimates for Merit Federal

ShaleAssessment™

Not Available

MarketMultiple™

$678,360 **

* 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 Feb 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, NM4,740 BBLs8,106 MCFFeb 2026
Bidder 49 Federal ComLea County, NM5,493 BBLs16,893 MCFFeb 2026
Blue Ribbon Federal ComLea County, NM7,462 BBLs7,315 MCFFeb 2026
Carnival Federal ComLea County, NM32,341 BBLs155,868 MCFFeb 2026
Carnival State ComLea County, NM14,734 BBLs56,947 MCFFeb 2026
Clincher Federal ComLea County, NM9,184 BBLs16,704 MCFFeb 2026
County Fair Federal ComLea County, NM9,242 BBLs4,164 MCFFeb 2026
El Paso Federal ComLea County, NM9,780 BBLs19,283 MCFFeb 2026
FMM Federal ComLea County, NM21,536 BBLs124,836 MCFFeb 2026
Green Light Federal ComLea County, NM40,599 BBLs191,257 MCFFeb 2026
KC7 Federal ComLea County, NM6,774 BBLs20,221 MCFFeb 2026
Ken Stewart Federal ComLea County, NM26,045 BBLs48,475 MCFFeb 2026
Mission Federal ComLea County, NM7,536 BBLs16,643 MCFFeb 2026
Par Three 25 36 06 Federal ComLea County, NM22,613 BBLs62,353 MCFFeb 2026
Parade Bwy StateLea County, NM410 BBLs576 MCFFeb 2026
Parade State ComLea County, NM8,574 BBLs9,899 MCFFeb 2026
Proxy Wca State ComLea County, NM893 BBLs2,886 MCFFeb 2026
Seinfeld Yada Federal UnitLea County, NM0 BBLs0 MCFJan 2026
Vested Federal ComLea County, NM5,879 BBLs15,685 MCFFeb 2026
Western Federal ComLea County, NM7,959 BBLs21,743 MCFFeb 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.
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
Regent Oil & Gas Company, L.P.
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