Oil & Gas Property in Lea County, NM
Key data points for Merit
| County | Lea County, NM |
|---|---|
| Operator | APACHE CORPORATION |
| Production Dates | Jun 2001 - Feb 2024 |
| Total Oil Production | 117,514 BBLs |
| Total Gas Production | 1,553,175 MCF |
| Recent Oil Production | 85 BBLs in Feb 2024 |
| Recent Gas Production | 1,177 MCF in Feb 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Merit
ShaleAssessment™
$19,920 *
MarketMultiple™
$15,854 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Merit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arnold A | Lea County, NM | 40 BBLs | 773 MCF | Feb 2024 |
| Blankenship | Lea County, NM | 20 BBLs | 553 MCF | Feb 2024 |
| Bugler | Lea County, NM | 44 BBLs | 936 MCF | Feb 2024 |
| Bull Durham | Lea County, NM | 27 BBLs | 748 MCF | Feb 2024 |
| Chesterfield | Lea County, NM | 10 BBLs | 639 MCF | Feb 2024 |
| Cone | Lea County, NM | 69 BBLs | 340 MCF | Feb 2024 |
| Dixie Queen | Lea County, NM | 130 BBLs | 1,636 MCF | Feb 2024 |
| Hester 12 | Lea County, NM | 607 BBLs | 4,396 MCF | Feb 2024 |
| House | Lea County, NM | 56 BBLs | 786 MCF | Feb 2024 |
| Howse | Lea County, NM | 108 BBLs | 503 MCF | Feb 2024 |
| Joe Camel | Lea County, NM | 11 BBLs | 217 MCF | Feb 2024 |
| Kool | Lea County, NM | 45 BBLs | 1,039 MCF | Feb 2024 |
| L & M 00 | Lea County, NM | 647 BBLs | 2,742 MCF | Feb 2024 |
| Lucky Strike | Lea County, NM | 44 BBLs | 906 MCF | Feb 2024 |
| Magnolia | Lea County, NM | 182 BBLs | 986 MCF | Feb 2024 |
| McCasland | Lea County, NM | 411 BBLs | 2,289 MCF | Feb 2024 |
| Melot | Lea County, NM | 118 BBLs | 1,081 MCF | Feb 2024 |
| Redtag | Lea County, NM | 556 BBLs | 3,246 MCF | Feb 2024 |
| Rhino | Lea County, NM | 53 BBLs | 482 MCF | Feb 2024 |
| Viceroy | Lea County, NM | 26 BBLs | 1,082 MCF | Feb 2024 |
These are the closest 20 companies operating near the Merit property.