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 - Feb 2026
Total Oil Production122,245 BBLs
Total Gas Production1,591,626 MCF
Recent Oil Production164 BBLs in Feb 2026
Recent Gas Production1,727 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$15,216 *

MarketMultiple™

$21,283 **

* 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 Feb 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, NM64 BBLs590 MCFFeb 2026
BlankenshipLea County, NM55 BBLs758 MCFFeb 2026
BuglerLea County, NM48 BBLs660 MCFFeb 2026
ChesterfieldLea County, NM27 BBLs620 MCFFeb 2026
ConeLea County, NM23 BBLs2 MCFFeb 2026
CrownLea County, NM104 BBLs225 MCFFeb 2026
Dixie QueenLea County, NM153 BBLs1,759 MCFFeb 2026
Hester 12Lea County, NM596 BBLs3,749 MCFFeb 2026
HouseLea County, NM37 BBLs566 MCFFeb 2026
HowseLea County, NM43 BBLs306 MCFFeb 2026
Joe CamelLea County, NM0 BBLs94 MCFFeb 2026
KoolLea County, NM155 BBLs1,032 MCFFeb 2026
L & M 00Lea County, NM280 BBLs1,803 MCFFeb 2026
Lucky StrikeLea County, NM48 BBLs994 MCFFeb 2026
MagnoliaLea County, NM84 BBLs429 MCFFeb 2026
McCaslandLea County, NM331 BBLs1,346 MCFFeb 2026
MelotLea County, NM67 BBLs1,051 MCFFeb 2026
RhinoLea County, NM54 BBLs310 MCFFeb 2026
RoitanLea County, NM55 BBLs575 MCFFeb 2026
ViceroyLea County, NM26 BBLs957 MCFFeb 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
Raw Oil & Gas, Inc.
Ray A Pierce
Southwest Royalties, Inc.
Tamarack Petroleum Company, Inc.
Trilogy Operating, Inc.
Xeric Oil & Gas Corporation