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 - Dec 2025
Total Oil Production121,914 BBLs
Total Gas Production1,588,178 MCF
Recent Oil Production101 BBLs in Dec 2025
Recent Gas Production568 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$15,531 *

MarketMultiple™

$22,850 **

* 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 Dec 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, NM71 BBLs480 MCFDec 2025
BlankenshipLea County, NM50 BBLs394 MCFDec 2025
BuglerLea County, NM39 BBLs539 MCFDec 2025
ChesterfieldLea County, NM0 BBLs164 MCFDec 2025
ConeLea County, NM0 BBLs46 MCFDec 2025
CrownLea County, NM79 BBLs187 MCFDec 2025
Dixie QueenLea County, NM109 BBLs1,053 MCFDec 2025
Hester 12Lea County, NM96 BBLs1,207 MCFDec 2025
HouseLea County, NM21 BBLs412 MCFDec 2025
HowseLea County, NM47 BBLs180 MCFDec 2025
Joe CamelLea County, NM0 BBLs89 MCFDec 2025
KoolLea County, NM149 BBLs845 MCFDec 2025
L & M 00Lea County, NM220 BBLs1,708 MCFDec 2025
Lucky StrikeLea County, NM2 BBLs140 MCFDec 2025
MagnoliaLea County, NM78 BBLs622 MCFDec 2025
McCaslandLea County, NM327 BBLs1,434 MCFDec 2025
MelotLea County, NM73 BBLs838 MCFDec 2025
RhinoLea County, NM37 BBLs276 MCFDec 2025
RoitanLea County, NM34 BBLs404 MCFDec 2025
ViceroyLea County, NM27 BBLs493 MCFDec 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
Conoco Inc
Extex Operating Company
Falcon Creek Resources, Inc.
Hilcorp Energy Company
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