Pegasus

Oil & Gas Property in Lea County, NM

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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Pegasus

CountyLea County, NM
OperatorMARLIN OPERATING, LLC
Production DatesApr 2018 - Feb 2025
Total Oil Production597,934 BBLs
Total Gas Production1,315,568 MCF
Recent Oil Production7,187 BBLs in Feb 2025
Recent Gas Production21,866 MCF in Feb 2025
Wells on Property8

Our Valuation Estimates for Pegasus

ShaleAssessment™

Not Available

MarketMultiple™

$1,427,947 **

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

Based on a decimal interest

Pegasus Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Pegasus
from Apr 2018 to Feb 2025

Wells on Pegasus

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-44199PEGASUS 23 35 16 STATE 251HMarlin Operating, LLCActiveLea County, NM32.298433-103.378940
30-025-50295PEGASUS 16 STATE 252HMarlin Operating, LLCActiveLea County, NM32.298271-103.374188
30-025-50296PEGASUS 16 STATE 351HMarlin Operating, LLCActiveLea County, NM32.298848-103.378949
30-025-50297PEGASUS 16 STATE 352HMarlin Operating, LLCActiveLea County, NM32.298271-103.374269
30-025-51534PEGASUS 16 STATE 353HMarlin Operating, LLCNewLea County, NM32.298756-103.367197
30-025-51600PEGASUS 16 STATE 354HMarlin Operating, LLCNewLea County, NM32.298757-103.367100
30-025-52910PEGASUS 16 STATE COM 353HMarlin Operating, LLCNewLea County, NM32.313258-103.367016
30-025-52911PEGASUS 16 STATE COM 354HMarlin Operating, LLCNewLea County, NM32.313258-103.366935

Leases included in Pegasus

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
332053PEGASUS 23 35 16 STATEMarlin Operating, LLCLea County, NM
332942PEGASUS 16 STATEMarlin Operating, LLCLea County, NM
335863PEGASUS 16 STATE COMMarlin Operating, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Pegasus property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Banter State ComLea County, NM825 BBLs680 MCFFeb 2025
Beowulf 33 State ComLea County, NM2,675 BBLs3,510 MCFFeb 2025
Bill AlexanderLea County, NM16,621 BBLs41,049 MCFFeb 2025
Donkey Kong 1 Federal ComLea County, NM18,498 BBLs100,911 MCFFeb 2025
Duck Hunt 1Lea County, NM18,832 BBLs71,007 MCFFeb 2025
Funky Monks 8 Federal ComLea County, NM2,521 BBLs4,043 MCFFeb 2025
Hunter 21 StateLea County, NM4,382 BBLs10,240 MCFFeb 2025
Jeff Hart State ComLea County, NM10,901 BBLs20,194 MCFFeb 2025
Keller 4 StateLea County, NM0 BBLs0 MCFMay 2016
Landreth Federal ComLea County, NM1,110 BBLs1,264 MCFFeb 2025
Lepakast State ComLea County, NM513 BBLs1,772 MCFFeb 2025
Marlan DowneyLea County, NM36,061 BBLs90,928 MCFFeb 2025
Red BullLea County, NM58 BBLs0 MCFFeb 2025
Red Bull 2Lea County, NM10,134 BBLs11,528 MCFFeb 2025
Red Bull 30 31 Federal State ComLea County, NM14,950 BBLs16,583 MCFFeb 2025
Righteous 6 State ComLea County, NM3,739 BBLs16,198 MCFFeb 2025
Sweetness 30 State Fed ComLea County, NM927 BBLs1,748 MCFFeb 2025
Trigg 5 FederalLea County, NM0 BBLs68 MCFFeb 2025
Warrior BRW State ComLea County, NM480 BBLs1,043 MCFFeb 2025
Wicked 17 State ComLea County, NM912 BBLs2,076 MCFFeb 2025

Companies in the Area

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

Company Name
Avant Operating, LLC
Bta Oil Producers
Bta Oil Producers, LLC
Caza Operating, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Coterra Energy Operating Co.
Devon Energy Production Company LP
EOG Resources, Inc.
Estoril Producing Corporation
Fae II Operating LLC
GMT Exploration Company LLC
Marathon Oil Permian LLC
Matador Production Company
Mewbourne Oil Company
Novo Oil & Gas Northern Delaware, LLC
Oxy USA Inc
Permian Resources Operating, LLC
Regeneration Energy, Corporation

Frac'ing activity on Pegasus

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-44199Pegasus State 23-35 16 251H