Parade State Com

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Parade State Com

County,
OperatorFRANKLIN MOUNTAIN ENERGY LLC
Production DatesAug 2021 - Mar 2025
Total Oil Production1,138,357 BBLs
Total Gas Production1,398,824 MCF
Recent Oil Production9,588 BBLs in Mar 2025
Recent Gas Production15,056 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Parade State Com

ShaleAssessment™

Not Available

MarketMultiple™

$1,570,234 **

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

Based on a decimal interest

Parade State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Parade State Com
from Aug 2021 to Mar 2025

Wells on Parade State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,

Leases included in Parade State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
326234PARADE STATE COMFranklin Mountain Energy LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Parade State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beauty Queen Federal ComLea County, NM6,177 BBLs11,258 MCFMar 2025
Bidder 49 Federal ComLea County, NM8,689 BBLs21,178 MCFMar 2025
Blue Ribbon Federal ComLea County, NM8,966 BBLs8,699 MCFMar 2025
Carnival Federal ComLea County, NM52,538 BBLs237,869 MCFMar 2025
Carnival State ComLea County, NM19,120 BBLs105,721 MCFMar 2025
Clincher Federal ComLea County, NM12,356 BBLs17,311 MCFMar 2025
County Fair Federal ComLea County, NM12,300 BBLs12,189 MCFMar 2025
El Paso Federal ComLea County, NM3,384 BBLs4,638 MCFMar 2025
FMM Federal ComLea County, NM44,062 BBLs125,470 MCFMar 2025
Green Light Federal ComLea County, NM68,314 BBLs201,009 MCFMar 2025
KC7 Federal ComLea County, NM8,204 BBLs23,209 MCFMar 2025
Merit FederalLea County, NM6,857 BBLs10,991 MCFMar 2025
Mission Federal ComLea County, NM8,743 BBLs12,877 MCFMar 2025
Parade Bwy StateLea County, NM510 BBLs0 MCFMar 2025
Seinfeld Gipple Federal UnitLea County, NM28,551 BBLs80,647 MCFMar 2025
Seinfeld MH Federal UnitLea County, NM102,226 BBLs272,902 MCFMar 2025
Seinfeld Mulva Federal UnitLea County, NM78,794 BBLs224,600 MCFMar 2025
Seinfeld Yada Federal UnitLea County, NM67,674 BBLs126,790 MCFMar 2025
Vested Federal ComLea County, NM6,857 BBLs15,698 MCFMar 2025
Western Federal ComLea County, NM11,828 BBLs19,676 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the Parade State Com property.

Company Name