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 - Jun 2026
Total Oil Production123,043 BBLs
Total Gas Production1,598,027 MCF
Recent Oil Production371 BBLs in Jun 2026
Recent Gas Production1,432 MCF in Jun 2026
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$14,574 *

MarketMultiple™

$24,020 **

* 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 Jun 2026

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, NM97 BBLs664 MCFJun 2026
BlankenshipLea County, NM377 BBLs695 MCFJun 2026
BuglerLea County, NM234 BBLs641 MCFJun 2026
ChesterfieldLea County, NM161 BBLs958 MCFJun 2026
ConeLea County, NM49 BBLs18 MCFJun 2026
CrownLea County, NM125 BBLs231 MCFJun 2026
DiamondbackLea County, NM319 BBLs349 MCFJun 2026
Dixie QueenLea County, NM260 BBLs1,512 MCFJun 2026
DukesLea County, NM282 BBLs608 MCFJun 2026
Hester 12Lea County, NM698 BBLs3,934 MCFJun 2026
HouseLea County, NM254 BBLs351 MCFJun 2026
HowseLea County, NM145 BBLs149 MCFJun 2026
Joe CamelLea County, NM47 BBLs58 MCFJun 2026
KoolLea County, NM262 BBLs509 MCFJun 2026
Lucky StrikeLea County, NM252 BBLs769 MCFJun 2026
MagnoliaLea County, NM396 BBLs800 MCFJun 2026
MelotLea County, NM209 BBLs896 MCFJun 2026
RhinoLea County, NM232 BBLs231 MCFJun 2026
RoitanLea County, NM202 BBLs585 MCFJun 2026
ViceroyLea County, NM270 BBLs853 MCFJun 2026

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