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 - Dec 2025
Total Oil Production228,921 BBLs
Total Gas Production1,388,025 MCF
Recent Oil Production114 BBLs in Dec 2025
Recent Gas Production210 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Pennzoil Federal

ShaleAssessment™

$8,643 *

MarketMultiple™

$15,604 **

* 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 Dec 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.Monthly Gas 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, NM36 BBLs0 MCFDec 2025
Buffalo 12 1 FederalLea County, NM5,230 BBLs9,581 MCFDec 2025
Buffalo 2Lea County, NM34 BBLs5,872 MCFDec 2025
Buffalo West 2 StateLea County, NM561 BBLs3,120 MCFDec 2025
Ek 30 BS2 Federal ComLea County, NM0 BBLs0 MCFOct 2025
Ek 31 BS2 Federal ComLea County, NM0 BBLs0 MCFOct 2025
La Rica 32 StateLea County, NM0 BBLs0 MCFDec 1994
La Rica FederalLea County, NM0 BBLs0 MCFMar 2023
McElvainLea County, NM491 BBLs245 MCFDec 2025
MescaleroLea County, NM0 BBLs0 MCFOct 2025
Mescalero 7 6Lea County, NM9,906 BBLs40,908 MCFDec 2025
Millie Mile 13 24 Federal ComLea County, NM33,175 BBLs46,190 MCFDec 2025
PipelineLea County, NM120 BBLs134 MCFDec 2025
Pipeline A Federal ComLea County, NM35 BBLs49 MCFDec 2025
Pipeline DeepLea County, NM1,015 BBLs13,570 MCFDec 2025
Ram 2 11 1BS Federal ComLea County, NM2,470 BBLs9,046 MCFDec 2025
Ram 2 11 2BS Federal ComLea County, NM1,442 BBLs751 MCFDec 2025
Ram 2 11 Federal ComLea County, NM6,240 BBLs27,184 MCFDec 2025
Stetson 13 2Lea County, NM6,543 BBLs17,393 MCFDec 2025
Wapiti 3Lea County, NM74 BBLs21 MCFDec 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
Coterra Energy Operating Co.
Earthstone Operating, LLC
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