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 - Feb 2026 |
| Total Oil Production | 719,394 BBLs |
| Total Gas Production | 906,614 MCF |
| Recent Oil Production | 3,417 BBLs in Feb 2026 |
| Recent Gas Production | 5,402 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Merlin State Com
ShaleAssessment™
$94,177 *
MarketMultiple™
$334,417 **
* 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 | 4,456 BBLs | 10,880 MCF | Feb 2026 |
| Chiles 28 | Lea County, NM | 13,659 BBLs | 19,980 MCF | Feb 2026 |
| Crunch Berry 6 Federal Com | Lea County, NM | 5,836 BBLs | 10,966 MCF | Feb 2026 |
| Grama Ridge East 34 | Lea County, NM | 11,619 BBLs | 63,060 MCF | Feb 2026 |
| Grey Hawk State | Lea County, NM | 2,117 BBLs | 3,166 MCF | Feb 2026 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Jamalberry | Lea County, NM | 654 BBLs | 1,291 MCF | Feb 2026 |
| Juice Bud State Com | Lea County, NM | 4,050 BBLs | 6,663 MCF | Feb 2026 |
| Loco Dinero 36 State Com | Lea County, NM | 19,319 BBLs | 66,839 MCF | Feb 2026 |
| Lychee State Com | Lea County, NM | 5,464 BBLs | 11,261 MCF | Feb 2026 |
| Monk 21 State | Lea County, NM | 1,558 BBLs | 1,363 MCF | Feb 2026 |
| Naguss 30 State Com | Lea County, NM | 3,547 BBLs | 4,379 MCF | Feb 2026 |
| Naguss BRN State Com | Lea County, NM | 415 BBLs | 949 MCF | Feb 2026 |
| Nervosa 24 State Com | Lea County, NM | 1,929 BBLs | 2,854 MCF | Feb 2026 |
| Osprey 20 State Com | Lea County, NM | 6,868 BBLs | 10,254 MCF | Feb 2026 |
| Pennypacker 17 State | Lea County, NM | 678 BBLs | 1,057 MCF | Feb 2026 |
| Red Stag 5 32 B | Lea County, NM | 22,137 BBLs | 47,321 MCF | Feb 2026 |
| Slick Mesa 27 State | Lea County, NM | 776 BBLs | 10,317 MCF | Feb 2026 |
| Vitalizer State | Lea County, NM | 2,396 BBLs | 8,052 MCF | Feb 2026 |
| West Grama Ridge | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
These are the closest 20 companies operating near the Merlin State Com property.