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 - Oct 2025
Total Oil Production121,765 BBLs
Total Gas Production1,586,951 MCF
Recent Oil Production147 BBLs in Aug 2025
Recent Gas Production1,713 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$15,922 *

MarketMultiple™

$28,517 **

* 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 Oct 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, NM76 BBLs671 MCFOct 2025
BlankenshipLea County, NM65 BBLs600 MCFOct 2025
BuglerLea County, NM46 BBLs798 MCFOct 2025
ChesterfieldLea County, NM0 BBLs169 MCFOct 2025
ConeLea County, NM0 BBLs0 MCFOct 2025
CrownLea County, NM0 BBLs20 MCFOct 2025
Dixie QueenLea County, NM164 BBLs2,116 MCFOct 2025
Hester 12Lea County, NM185 BBLs3,328 MCFOct 2025
HouseLea County, NM36 BBLs825 MCFOct 2025
HowseLea County, NM58 BBLs884 MCFOct 2025
Joe CamelLea County, NM94 BBLs260 MCFOct 2025
KoolLea County, NM213 BBLs1,432 MCFOct 2025
L & M 00Lea County, NM356 BBLs2,328 MCFOct 2025
Lucky StrikeLea County, NM67 BBLs1,053 MCFOct 2025
MagnoliaLea County, NM114 BBLs796 MCFOct 2025
McCaslandLea County, NM241 BBLs830 MCFOct 2025
MelotLea County, NM79 BBLs1,167 MCFOct 2025
RhinoLea County, NM60 BBLs345 MCFOct 2025
RoitanLea County, NM89 BBLs648 MCFOct 2025
ViceroyLea County, NM33 BBLs957 MCFOct 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