Pennzoil Federal

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Pennzoil Federal

CountyLea County, NM
Production DatesJan 1993 - Jun 2025
Total Oil Production228,105 BBLs
Total Gas Production1,387,637 MCF
Recent Oil Production131 BBLs in Jun 2025
Recent Gas Production0 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Pennzoil Federal

ShaleAssessment™

$9,302 *

MarketMultiple™

$19,136 **

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

Based on a decimal interest

Pennzoil Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pennzoil Federal
from Jan 1993 to Jun 2025

Wells on Pennzoil Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26498PENNZOIL FEDERAL 001NEARBURG PRODUCING COPluggedLea County, NM32.687901-103.610199
30-025-26499PENNZOIL FEDERAL 002Earthstone Operating, LLCTemporary Abandonment (Expired)Lea County, NM32.676468-103.610237
30-025-33840PENNZOIL FEDERAL 003Earthstone Operating, LLCActiveLea County, NM32.691040-103.610184
30-025-38022PENNZOIL FEDERAL 005Earthstone Operating, LLCNewLea County, NM32.695068-103.614464

Leases included in Pennzoil Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.
332615PENNZOIL FEDERALEarthstone Operating, LLCLea County, NM
8414PENNZOIL FEDERALNEARBURG PRODUCING COLea County, NM

Operators Associated With Pennzoil Federal

Nearby Properties

These are the closest 20 properties to the Pennzoil Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BuffaloLea County, NM24 BBLs18 MCFJun 2025
Buffalo 12 1 FederalLea County, NM8,357 BBLs18,253 MCFJun 2025
Buffalo 2Lea County, NM23 BBLs6,055 MCFJun 2025
Buffalo West 2 StateLea County, NM1,623 BBLs3,471 MCFJun 2025
Ek 30 BS2 Federal ComLea County, NM549 BBLs1,220 MCFJun 2025
Ek 31 BS2 Federal ComLea County, NM742 BBLs1,464 MCFJun 2025
La Rica 32 StateLea County, NM0 BBLs0 MCFDec 1994
La Rica FederalLea County, NM0 BBLs0 MCFMar 2023
McElvainLea County, NM1,367 BBLs2,524 MCFJun 2025
MescaleroLea County, NM129 BBLs2 MCFJun 2025
Mescalero 7 6Lea County, NM14,559 BBLs47,984 MCFJun 2025
Millie Mile 13 24 Federal ComLea County, NM72,345 BBLs54,214 MCFJun 2025
PipelineLea County, NM324 BBLs441 MCFJun 2025
Pipeline DeepLea County, NM973 BBLs12,849 MCFJun 2025
Ram 2 11 1BS Federal ComLea County, NM2,182 BBLs9,691 MCFJun 2025
Ram 2 11 2BS Federal ComLea County, NM2,360 BBLs4,123 MCFJun 2025
Ram 2 11 Federal ComLea County, NM6,724 BBLs24,798 MCFJun 2025
Scout 1Lea County, NM0 BBLs0 MCFAug 2017
Stetson 13 2Lea County, NM4,887 BBLs13,952 MCFJun 2025
Wapiti 3Lea County, NM52 BBLs130 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Pennzoil Federal property.

Company Name
C W Trainer
Cimarex Energy Co. Of Colorado
Conoco Inc.
Earthstone Operating, LLC
Kaiser-Francis Oil Company
Matador Operating Company
Matador Production Company
McElvain Energy Inc
Nearburg Producing Company
Oxy USA Inc
Paloma Permian Assetco, LLC
Pbex Operations, LLC
Permian Resources, Inc.
Pogo Producing Company
Prima Exploration, Inc.
Rhombus Operating Co., LTD
Roca Operating, Inc.
Seely Oil Company
Tom Brown Inc
Union Oil Co Of California