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 - May 2025 |
Total Oil Production | 692,145 BBLs |
Total Gas Production | 869,862 MCF |
Recent Oil Production | 2,400 BBLs in May 2025 |
Recent Gas Production | 4,307 MCF in May 2025 |
Wells on Property | 3 |
Our Valuation Estimates for Merlin State Com
ShaleAssessment™
$106,020 *
MarketMultiple™
$415,520 **
* 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 | 5,152 BBLs | 12,028 MCF | May 2025 |
Chiles 28 | Lea County, NM | 18,790 BBLs | 30,544 MCF | May 2025 |
Crunch Berry 6 Federal Com | Lea County, NM | 11,348 BBLs | 20,096 MCF | May 2025 |
Grama Ridge East 34 | Lea County, NM | 15,608 BBLs | 64,931 MCF | May 2025 |
Grey Hawk State | Lea County, NM | 2,290 BBLs | 4,218 MCF | May 2025 |
GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
Jamalberry | Lea County, NM | 61 BBLs | 169 MCF | May 2025 |
Juice Bud State Com | Lea County, NM | 5,515 BBLs | 6,046 MCF | May 2025 |
Loco Dinero 36 State Com | Lea County, NM | 30,083 BBLs | 83,739 MCF | May 2025 |
Monk 21 State | Lea County, NM | 689 BBLs | 793 MCF | May 2025 |
Naguss 30 State Com | Lea County, NM | 2,988 BBLs | 4,106 MCF | May 2025 |
Naguss BRN State Com | Lea County, NM | 741 BBLs | 696 MCF | May 2025 |
Nervosa 24 State Com | Lea County, NM | 2,420 BBLs | 4,974 MCF | May 2025 |
Osprey 20 State Com | Lea County, NM | 8,522 BBLs | 11,669 MCF | May 2025 |
Pennypacker 17 State | Lea County, NM | 377 BBLs | 839 MCF | May 2025 |
Red Stag 5 32 B | Lea County, NM | 36,823 BBLs | 78,319 MCF | May 2025 |
Slick Mesa 27 State | Lea County, NM | 903 BBLs | 9,920 MCF | May 2025 |
Tenderloin Federal Com | Lea County, NM | 11,826 BBLs | 24,344 MCF | May 2025 |
Vitalizer State | Lea County, NM | 2,741 BBLs | 14,921 MCF | May 2025 |
West Grama Ridge | Lea County, NM | 583 BBLs | 2,314 MCF | May 2025 |
These are the closest 20 companies operating near the Merlin State Com property.