Oil & Gas Property in Lea County, NM
Key data points for Merlin State Com
| County | Lea County, NM |
|---|---|
| Operator | COG OPERATING LLC |
| Production Dates | Jul 2014 - Dec 2025 |
| Total Oil Production | 712,898 BBLs |
| Total Gas Production | 897,025 MCF |
| Recent Oil Production | 2,999 BBLs in Dec 2025 |
| Recent Gas Production | 4,039 MCF in Dec 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Merlin State Com
ShaleAssessment™
$96,330 *
MarketMultiple™
$323,690 **
* 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 Merlin State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Birddog 20 17 B2 | Lea County, NM | 4,989 BBLs | 12,348 MCF | Dec 2025 |
| Chiles 28 | Lea County, NM | 5,946 BBLs | 11,765 MCF | Dec 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 5,062 BBLs | 7,803 MCF | Dec 2025 |
| Grama Ridge East 34 | Lea County, NM | 13,183 BBLs | 76,988 MCF | Dec 2025 |
| Grey Hawk State | Lea County, NM | 2,408 BBLs | 3,326 MCF | Dec 2025 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Jamalberry | Lea County, NM | 681 BBLs | 1,316 MCF | Dec 2025 |
| Juice Bud State Com | Lea County, NM | 5,079 BBLs | 7,000 MCF | Dec 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 25,184 BBLs | 87,165 MCF | Dec 2025 |
| Lychee State Com | Lea County, NM | 11,259 BBLs | 79,044 MCF | Dec 2025 |
| Monk 21 State | Lea County, NM | 2,610 BBLs | 2,617 MCF | Dec 2025 |
| Naguss 30 State Com | Lea County, NM | 3,163 BBLs | 1,675 MCF | Dec 2025 |
| Naguss BRN State Com | Lea County, NM | 434 BBLs | 1,109 MCF | Dec 2025 |
| Nervosa 24 State Com | Lea County, NM | 2,045 BBLs | 3,588 MCF | Dec 2025 |
| Osprey 20 State Com | Lea County, NM | 5,675 BBLs | 9,120 MCF | Dec 2025 |
| Pennypacker 17 State | Lea County, NM | 645 BBLs | 1,086 MCF | Dec 2025 |
| Red Stag 5 32 B | Lea County, NM | 26,098 BBLs | 67,130 MCF | Dec 2025 |
| Slick Mesa 27 State | Lea County, NM | 1,163 BBLs | 11,614 MCF | Dec 2025 |
| Vitalizer State | Lea County, NM | 3,218 BBLs | 11,188 MCF | Dec 2025 |
| West Grama Ridge | Lea County, NM | 607 BBLs | 1,128 MCF | Dec 2025 |
These are the closest 20 companies operating near the Merlin State Com property.