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 2025
Total Oil Production121,085 BBLs
Total Gas Production1,580,147 MCF
Recent Oil Production143 BBLs in Jun 2025
Recent Gas Production1,513 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$16,675 *

MarketMultiple™

$32,554 **

* 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 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, NM65 BBLs617 MCFJun 2025
BlankenshipLea County, NM99 BBLs453 MCFJun 2025
BuglerLea County, NM34 BBLs612 MCFJun 2025
ChesterfieldLea County, NM0 BBLs0 MCFMar 2025
ConeLea County, NM34 BBLs41 MCFJun 2025
CrownLea County, NM108 BBLs273 MCFJun 2025
Dixie QueenLea County, NM135 BBLs1,491 MCFJun 2025
Hester 12Lea County, NM304 BBLs2,890 MCFJun 2025
HouseLea County, NM29 BBLs324 MCFJun 2025
HowseLea County, NM47 BBLs846 MCFJun 2025
Joe CamelLea County, NM64 BBLs191 MCFJun 2025
KoolLea County, NM131 BBLs535 MCFJun 2025
L & M 00Lea County, NM271 BBLs1,894 MCFJun 2025
Lucky StrikeLea County, NM42 BBLs685 MCFJun 2025
MagnoliaLea County, NM170 BBLs484 MCFJun 2025
McCaslandLea County, NM330 BBLs1,423 MCFJul 2025
MelotLea County, NM67 BBLs964 MCFJun 2025
RhinoLea County, NM48 BBLs285 MCFJun 2025
RoitanLea County, NM1 BBLs40 MCFJun 2025
ViceroyLea County, NM20 BBLs765 MCFJun 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