Oil & Gas Property in Lea County, NM
Key data points for Papalotes
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 1996 - Nov 2025 |
| Total Oil Production | 21,864 BBLs |
| Total Gas Production | 17,110 MCF |
| Recent Oil Production | 53 BBLs in Nov 2025 |
| Recent Gas Production | 0 MCF in Nov 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Papalotes
ShaleAssessment™
$1,535 *
MarketMultiple™
$7,416 **
* 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 Papalotes property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arreguy Av | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Bills Hopper | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Chocolate Foam Wing | Lea County, NM | 9 BBLs | 436 MCF | Nov 2025 |
| Estacado | Lea County, NM | 106 BBLs | 0 MCF | Nov 2025 |
| Glenn Cleveland | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| High Plains | Lea County, NM | 240 BBLs | 382 MCF | Nov 2025 |
| James Oneil | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mandrell BMR State Com | Lea County, NM | 0 BBLs | 271 MCF | Nov 2025 |
| Maxwell | Lea County, NM | 23 BBLs | 429 MCF | Nov 2025 |
| Morton Unit | Lea County, NM | 0 BBLs | 934 MCF | Nov 2025 |
| New Grass BJ | Lea County, NM | 132 BBLs | 3,637 MCF | Nov 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Pardner Axo State Com | Lea County, NM | 0 BBLs | 5,585 MCF | Nov 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Stoltz Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| TMBR 1 | Lea County, NM | 0 BBLs | 0 MCF | May 2007 |
| Tres Papalotes | Lea County, NM | 306 BBLs | 1 MCF | Nov 2025 |
| Uno State | Lea County, NM | 266 BBLs | 1,687 MCF | Nov 2025 |
| West Tres Papalotes Penn Unit | Lea County, NM | 0 BBLs | 0 MCF | May 1997 |
These are the closest 20 companies operating near the Papalotes property.