Oil & Gas Property in Lea County, NM
Key data points for Morpheus 25 36 State Com
| County | Lea County, NM |
|---|---|
| Operator | 3R OPERATING , LLC |
| Production Dates | Jan 2024 - May 2026 |
| Total Oil Production | 317,392 BBLs |
| Total Gas Production | 549,933 MCF |
| Recent Oil Production | 6,166 BBLs in May 2026 |
| Recent Gas Production | 10,242 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Morpheus 25 36 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$627,945 **
* 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 Morpheus 25 36 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Amoco State | Lea County, NM | 0 BBLs | 0 MCF | Nov 1999 |
| Bobtail 8605 26 23 State Com | Lea County, NM | 28,102 BBLs | 23,788 MCF | May 2026 |
| Byers | Lea County, NM | 43 BBLs | 1,291 MCF | May 2026 |
| Cast Away 6 B2BW State Com Unit | Lea County, NM | 1,055 BBLs | 1,502 MCF | May 2026 |
| Grama Ridge State Com | Lea County, NM | 20,005 BBLs | 53,875 MCF | May 2026 |
| Lisa State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2018 |
| Lookin Good 34 State Com | Lea County, NM | 14,163 BBLs | 15,834 MCF | May 2026 |
| Lost Mine 22302 26 23 Fed Com | Lea County, NM | 26,468 BBLs | 18,718 MCF | May 2026 |
| Mango BRM State | Lea County, NM | 1,141 BBLs | 2,571 MCF | May 2026 |
| Neuhaus 14 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Osudo State Com | Lea County, NM | 0 BBLs | 956 MCF | May 2026 |
| Prairie Fire State | Lea County, NM | 0 BBLs | 2,125 MCF | May 2026 |
| Red Raider State | Lea County, NM | 0 BBLs | 0 MCF | May 2013 |
| Sims 13 State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Southeast Lea Unit | Lea County, NM | 0 BBLs | 263 MCF | May 2026 |
| Tangerine BRT State | Lea County, NM | 1,516 BBLs | 2,112 MCF | May 2026 |
| Union State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2005 |
| Watkins | Lea County, NM | 0 BBLs | 0 MCF | Apr 2020 |
| Winnebago 30 State Com 304H | Lea County, NM | 9,693 BBLs | 53,371 MCF | May 2026 |
| Woody 22 Federal Com | Lea County, NM | 17,195 BBLs | 32,823 MCF | May 2026 |
These are the closest 20 companies operating near the Morpheus 25 36 State Com property.