Oil & Gas Property in Lea County, NM
Key data points for North Lea
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2024 |
| Total Oil Production | 2,276,192 BBLs |
| Total Gas Production | 5,720,381 MCF |
| Recent Oil Production | 8,262 BBLs in Jan 2024 |
| Recent Gas Production | 9,691 MCF in Jan 2024 |
| Wells on Property | 18 |
Our Valuation Estimates for North Lea
ShaleAssessment™
$80,295 *
MarketMultiple™
$1,272,108 **
* 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 North Lea property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Coyote 10 Federal | Lea County, NM | 103 BBLs | 35 MCF | Jan 2024 |
| Eagle 2 State | Lea County, NM | 3,772 BBLs | 6,088 MCF | Jan 2024 |
| Federal | Lea County, NM | 274 BBLs | 283 MCF | Feb 2024 |
| Hudson Federal | Lea County, NM | 410 BBLs | 329 MCF | Jan 2024 |
| Laurie D Federal | Lea County, NM | 38 BBLs | 2,941 MCF | Jan 2024 |
| Lea Federal Unit | Lea County, NM | 2,132 BBLs | 20,292 MCF | Jan 2024 |
| Lea Unit | Lea County, NM | 43,608 BBLs | 170,500 MCF | Jan 2024 |
| Mallon 3 | Lea County, NM | 4,250 BBLs | 4,509 MCF | Feb 2024 |
| Marathon Road 1 | Lea County, NM | 4,470 BBLs | 17,486 MCF | Jan 2024 |
| Mark Federal | Lea County, NM | 609 BBLs | 408 MCF | Jan 2024 |
| Mobil Lea State | Lea County, NM | 922 BBLs | 44 MCF | Feb 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea 3 Federal Com | Lea County, NM | 3,499 BBLs | 6,216 MCF | Feb 2024 |
| Pearl 33 Federal | Lea County, NM | 286 BBLs | 107 MCF | Jan 2024 |
| Perry 22 Federal Com | Lea County, NM | 1,795 BBLs | 4,748 MCF | Feb 2024 |
| Quail 16 State | Lea County, NM | 6,241 BBLs | 11,923 MCF | Feb 2024 |
| Quail Federal | Lea County, NM | 1,107 BBLs | 1,736 MCF | Jan 2024 |
| Quail Ridge 3 | Lea County, NM | 499 BBLs | 5,062 MCF | Feb 2024 |
| Tiger 11 Federal | Lea County, NM | 318 BBLs | 69 MCF | Feb 2024 |
| Truman Federal | Lea County, NM | 510 BBLs | 3,735 MCF | Jan 2024 |
These are the closest 20 companies operating near the North Lea property.