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 - Jul 2025
Total Oil Production121,252 BBLs
Total Gas Production1,581,937 MCF
Recent Oil Production167 BBLs in Jul 2025
Recent Gas Production1,790 MCF in Jul 2025
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$16,488 *

MarketMultiple™

$30,585 **

* 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 Jul 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, NM86 BBLs699 MCFJul 2025
BlankenshipLea County, NM85 BBLs742 MCFJul 2025
BuglerLea County, NM52 BBLs795 MCFJul 2025
ChesterfieldLea County, NM0 BBLs97 MCFJul 2025
ConeLea County, NM4 BBLs20 MCFJul 2025
CrownLea County, NM61 BBLs165 MCFJul 2025
Dixie QueenLea County, NM159 BBLs2,167 MCFJul 2025
Hester 12Lea County, NM207 BBLs2,800 MCFJul 2025
HouseLea County, NM44 BBLs508 MCFJul 2025
HowseLea County, NM57 BBLs900 MCFJul 2025
Joe CamelLea County, NM84 BBLs263 MCFJul 2025
KoolLea County, NM325 BBLs1,364 MCFJul 2025
L & M 00Lea County, NM350 BBLs2,335 MCFJul 2025
Lucky StrikeLea County, NM55 BBLs924 MCFJul 2025
MagnoliaLea County, NM131 BBLs985 MCFJul 2025
McCaslandLea County, NM297 BBLs1,186 MCFAug 2025
MelotLea County, NM89 BBLs1,231 MCFJul 2025
RhinoLea County, NM66 BBLs355 MCFJul 2025
RoitanLea County, NM95 BBLs401 MCFJul 2025
ViceroyLea County, NM46 BBLs1,011 MCFJul 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
John H Hendrix Corp
Mewbourne Oil Company
North Fork Operating LP
Oxy USA WTP Limited Partnership
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