Merit

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Merit

CountyLea County, NM
OperatorHILCORP ENERGY COMPANY
Production DatesJun 2001 - Mar 2026
Total Oil Production122,372 BBLs
Total Gas Production1,593,274 MCF
Recent Oil Production127 BBLs in Mar 2026
Recent Gas Production1,665 MCF in Mar 2026
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$15,057 *

MarketMultiple™

$23,559 **

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

Based on a decimal interest

Merit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Merit
from Jun 2001 to Mar 2026

Wells on Merit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-35240MERIT 001HILCORP ENERGY COMPANYActiveLea County, NM32.582138-103.116669
30-025-35448MERIT II 001HILCORP ENERGY COMPANYActiveLea County, NM32.589489-103.117218
30-025-39653MERIT 002HILCORP ENERGY COMPANYActiveLea County, NM32.581532-103.116264
30-025-39654MERIT 003HILCORP ENERGY COMPANYActiveLea County, NM32.580433-103.118164

Leases included in Merit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
336736MERITHILCORP ENERGY COMPANYLea County, NM
336737MERIT IIHILCORP ENERGY COMPANYLea County, NM

Nearby Properties

These are the closest 20 properties to the Merit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arnold ALea County, NM86 BBLs588 MCFMar 2026
BlankenshipLea County, NM36 BBLs358 MCFMar 2026
BuglerLea County, NM45 BBLs662 MCFMar 2026
ChesterfieldLea County, NM111 BBLs1,037 MCFMar 2026
ConeLea County, NM20 BBLs2 MCFMar 2026
CrownLea County, NM11 BBLs117 MCFMar 2026
Dixie QueenLea County, NM130 BBLs1,627 MCFMar 2026
DukesLea County, NM392 BBLs666 MCFMar 2026
Hester 12Lea County, NM629 BBLs4,264 MCFMar 2026
HouseLea County, NM31 BBLs551 MCFMar 2026
HowseLea County, NM25 BBLs157 MCFMar 2026
Joe CamelLea County, NM0 BBLs74 MCFMar 2026
KoolLea County, NM115 BBLs538 MCFMar 2026
L & M 00Lea County, NM236 BBLs1,444 MCFMar 2026
Lucky StrikeLea County, NM56 BBLs980 MCFMar 2026
MagnoliaLea County, NM542 BBLs1,279 MCFMar 2026
MelotLea County, NM379 BBLs1,290 MCFMar 2026
RhinoLea County, NM48 BBLs290 MCFMar 2026
RoitanLea County, NM51 BBLs612 MCFMar 2026
ViceroyLea County, NM32 BBLs961 MCFMar 2026

Companies in the Area

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

Company Name
Apache Corporation
Burgundy Oil & Gas Of N M Inc
Capataz Operating Inc
Chesapeake Operating, Inc.
Chevron USA Inc
Conoco Inc
Extex Operating Company
Falcon Creek Resources, Inc.
Hilcorp Energy Company
J R Oil, LTD. Co.
John H Hendrix Corp
Mewbourne Oil Company
North Fork Operating LP
Penroc Oil Corp.
Pronghorn Management Corporation
Ray A Pierce
Southwest Royalties, Inc.
Tamarack Petroleum Company, Inc.
Trilogy Operating, Inc.
Xeric Oil & Gas Corporation