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 - May 2025
Total Oil Production120,943 BBLs
Total Gas Production1,578,628 MCF
Recent Oil Production149 BBLs in May 2025
Recent Gas Production1,694 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$16,860 *

MarketMultiple™

$36,102 **

* 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 May 2025

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, NM106 BBLs821 MCFMay 2025
BlankenshipLea County, NM0 BBLs220 MCFMay 2025
BuglerLea County, NM48 BBLs699 MCFMay 2025
ChesterfieldLea County, NM0 BBLs0 MCFMar 2025
ConeLea County, NM52 BBLs63 MCFMay 2025
CrownLea County, NM105 BBLs220 MCFMay 2025
Dixie QueenLea County, NM154 BBLs1,689 MCFMay 2025
Hester 12Lea County, NM433 BBLs3,669 MCFMay 2025
HouseLea County, NM40 BBLs409 MCFMay 2025
HowseLea County, NM29 BBLs893 MCFMay 2025
Joe CamelLea County, NM86 BBLs215 MCFMay 2025
KoolLea County, NM142 BBLs534 MCFMay 2025
L & M 00Lea County, NM355 BBLs2,298 MCFMay 2025
Lucky StrikeLea County, NM50 BBLs837 MCFMay 2025
MagnoliaLea County, NM23 BBLs545 MCFMay 2025
McCaslandLea County, NM378 BBLs1,559 MCFMay 2025
MelotLea County, NM86 BBLs1,022 MCFMay 2025
RhinoLea County, NM52 BBLs302 MCFMay 2025
RoitanLea County, NM0 BBLs0 MCFMar 2025
ViceroyLea County, NM35 BBLs951 MCFMay 2025

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
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
Raw Oil & Gas, Inc.
Ray A Pierce
Southwest Royalties Inc
Tamarack Petroleum Company, Inc.
Trilogy Operating, Inc.
Xeric Oil & Gas Corporation