Oil & Gas Property in Lea County, NM
Key data points for Mobil Lea State
| County | Lea County, NM |
|---|---|
| Operator | ARMSTRONG ENERGY CORPORATION |
| Production Dates | Jan 1993 - Jul 2025 |
| Total Oil Production | 1,891,991 BBLs |
| Total Gas Production | 1,549,334 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 7 |
Our Valuation Estimates for Mobil Lea State
ShaleAssessment™
$107,074 *
MarketMultiple™
$59,747 **
* 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 Mobil Lea State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Pearl 1 Federal | Lea County, NM | 2,294 BBLs | 6,570 MCF | Oct 2025 |
| Coyote 10 Federal | Lea County, NM | 193 BBLs | 86 MCF | Sep 2025 |
| Eagle 2 State | Lea County, NM | 3,648 BBLs | 7,023 MCF | Sep 2025 |
| Federal | Lea County, NM | 740 BBLs | 1,692 MCF | Oct 2025 |
| Hudson Federal | Lea County, NM | 367 BBLs | 375 MCF | Sep 2025 |
| Laurie D Federal | Lea County, NM | 5 BBLs | 11 MCF | Sep 2025 |
| Lea Federal Unit | Lea County, NM | 1,228 BBLs | 13,063 MCF | Sep 2025 |
| Lea Unit | Lea County, NM | 57,962 BBLs | 304,990 MCF | Sep 2025 |
| Mallon 27 Federal | Lea County, NM | 14,511 BBLs | 28,396 MCF | Sep 2025 |
| Mallon 3 | Lea County, NM | 3,676 BBLs | 4,333 MCF | Sep 2025 |
| Mark Federal | Lea County, NM | 933 BBLs | 694 MCF | Sep 2025 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea | Lea County, NM | 6,673 BBLs | 9,603 MCF | Sep 2025 |
| North Lea 3 Federal Com | Lea County, NM | 4,757 BBLs | 5,186 MCF | Sep 2025 |
| Pearl | Lea County, NM | 86 BBLs | 0 MCF | Oct 2025 |
| Pearl 33 Federal | Lea County, NM | 289 BBLs | 126 MCF | Sep 2025 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Quail Federal | Lea County, NM | 852 BBLs | 1,493 MCF | Sep 2025 |
| Tiger 11 Federal | Lea County, NM | 921 BBLs | 535 MCF | Oct 2025 |
| Truman Federal | Lea County, NM | 412 BBLs | 2,925 MCF | Sep 2025 |
These are the closest 20 companies operating near the Mobil Lea State property.