Papalotes

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Papalotes Oil & Gas Property

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Property Summary

Key data points for Papalotes

CountyLea County, NM
Production DatesJun 1996 - Dec 2025
Total Oil Production21,944 BBLs
Total Gas Production17,115 MCF
Recent Oil Production80 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Papalotes

ShaleAssessment™

$1,513 *

MarketMultiple™

$6,957 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Papalotes Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Papalotes
from Jun 1996 to Dec 2025

Wells on Papalotes

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-33275PAPALOTES ATA STATE 001Ad Astra Resources LLCActiveLea County, NM33.059208-103.491211
30-025-33276PAPALOTES UNIT 002EOG Y RESOURCES, INC.CancelledLea County, NM33.039699-103.484230

Leases included in Papalotes

Lease #Lease NameOperatorCountyMonthly Oil Prod.
18378PAPALOTES UNITEOG Y RESOURCES, INC.Lea County, NM
338842PAPALOTES ATA STATEAd Astra Resources LLCLea County, NM

Operators Associated With Papalotes

Nearby Properties

These are the closest 20 properties to the Papalotes property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adobe Scott AyeLea County, NM164 BBLs1,241 MCFDec 2025
Arreguy AvLea County, NM0 BBLs106 MCFDec 2025
Bills HopperLea County, NM0 BBLs0 MCFOct 2025
Chocolate Foam WingLea County, NM13 BBLs466 MCFDec 2025
EstacadoLea County, NM105 BBLs0 MCFDec 2025
Glenn ClevelandLea County, NM0 BBLs0 MCFOct 2005
High PlainsLea County, NM248 BBLs356 MCFDec 2025
James OneilLea County, NM0 BBLs0 MCFAug 2020
Mandrell BMR State ComLea County, NM0 BBLs67 MCFDec 2025
MaxwellLea County, NM11 BBLs50 MCFDec 2025
Morton UnitLea County, NM0 BBLs1,018 MCFDec 2025
New Grass BJLea County, NM0 BBLs4,015 MCFDec 2025
New MexicoLea County, NM0 BBLs0 MCFApr 2022
StateLea County, NM0 BBLs0 MCFOct 2024
Stoltz FederalLea County, NM0 BBLs0 MCFNov 2002
SuperiorLea County, NM0 BBLs0 MCFAug 2020
TMBR 1Lea County, NM0 BBLs0 MCFMay 2007
Tres PapalotesLea County, NM308 BBLs4 MCFDec 2025
Uno StateLea County, NM586 BBLs2,254 MCFDec 2025
West Tres Papalotes Penn UnitLea County, NM0 BBLs0 MCFMay 1997

Companies in the Area

These are the closest 20 companies operating near the Papalotes property.

Company Name
Acacia Operating Company, LLC
Ad Astra Resources, LLC
BC Operating, Inc.
Breck Operating Corp.
Concho Resources Inc.
EOG Y Resources, Inc.
Extex Operating Company
Fasken Oil And Ranch, LTD.
Great Western Drilling Company
J & J Service Inc
J R Oil, LTD. Co.
J. M. Huber Corp.
Kukui Operating Company
Mark L Shidler Inc
Marks And Garner Production LTD Co
Oxy USA Inc
Petroleum Exploration Company LTD., Limited
PPC Operating Company LLC
Pride Energy Company
Rand Paulson Energy Company