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 - Oct 2025 |
| Total Oil Production | 706,994 BBLs |
| Total Gas Production | 889,578 MCF |
| Recent Oil Production | 3,149 BBLs in Sep 2025 |
| Recent Gas Production | 4,437 MCF in Sep 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Merlin State Com
ShaleAssessment™
$99,216 *
MarketMultiple™
$377,260 **
* 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 | 5,097 BBLs | 11,352 MCF | Sep 2025 |
| Chiles 28 | Lea County, NM | 12,523 BBLs | 23,759 MCF | Sep 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 1,943 BBLs | 4,081 MCF | Sep 2025 |
| Grama Ridge East 34 | Lea County, NM | 13,938 BBLs | 68,166 MCF | Sep 2025 |
| Grey Hawk State | Lea County, NM | 2,693 BBLs | 4,072 MCF | Oct 2025 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Jamalberry | Lea County, NM | 813 BBLs | 1,214 MCF | Oct 2025 |
| Juice Bud State Com | Lea County, NM | 4,846 BBLs | 7,595 MCF | Oct 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 25,407 BBLs | 79,714 MCF | Sep 2025 |
| Lychee State Com | Lea County, NM | 14,619 BBLs | 44,588 MCF | Oct 2025 |
| Monk 21 State | Lea County, NM | 3,170 BBLs | 2,738 MCF | Sep 2025 |
| Naguss 30 State Com | Lea County, NM | 3,773 BBLs | 5,059 MCF | Oct 2025 |
| Naguss BRN State Com | Lea County, NM | 465 BBLs | 1,032 MCF | Oct 2025 |
| Nervosa 24 State Com | Lea County, NM | 2,509 BBLs | 4,750 MCF | Oct 2025 |
| Osprey 20 State Com | Lea County, NM | 6,777 BBLs | 10,845 MCF | Oct 2025 |
| Pennypacker 17 State | Lea County, NM | 706 BBLs | 1,141 MCF | Sep 2025 |
| Red Stag 5 32 B | Lea County, NM | 24,827 BBLs | 72,698 MCF | Sep 2025 |
| Slick Mesa 27 State | Lea County, NM | 1,141 BBLs | 12,026 MCF | Sep 2025 |
| Vitalizer State | Lea County, NM | 2,327 BBLs | 13,912 MCF | Sep 2025 |
| West Grama Ridge | Lea County, NM | 0 BBLs | 26 MCF | Sep 2025 |
These are the closest 20 companies operating near the Merlin State Com property.