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 - Mar 2026
Total Oil Production229,347 BBLs
Total Gas Production1,388,519 MCF
Recent Oil Production119 BBLs in Mar 2026
Recent Gas Production135 MCF in Mar 2026
Wells on Property4

Our Valuation Estimates for Pennzoil Federal

ShaleAssessment™

$8,371 *

MarketMultiple™

$15,946 **

* 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 Mar 2026

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, NM35 BBLs31 MCFApr 2026
Buffalo 12 1 FederalLea County, NM5,533 BBLs8,676 MCFMar 2026
Buffalo 2Lea County, NM37 BBLs4,739 MCFMar 2026
Buffalo West 2 StateLea County, NM830 BBLs2,325 MCFMar 2026
Ek 30 BS2 Federal ComLea County, NM759 BBLs60 MCFApr 2026
Ek 31 BS2 Federal ComLea County, NM699 BBLs2,443 MCFApr 2026
La Rica 32 StateLea County, NM0 BBLs0 MCFDec 1994
La Rica FederalLea County, NM0 BBLs0 MCFMar 2023
McElvainLea County, NM1,707 BBLs765 MCFApr 2026
MescaleroLea County, NM653 BBLs0 MCFApr 2026
Mescalero 7 6Lea County, NM13,337 BBLs46,802 MCFMar 2026
Millie Mile 13 24 Federal ComLea County, NM37,370 BBLs75,054 MCFMar 2026
PipelineLea County, NM506 BBLs666 MCFMar 2026
Pipeline A Federal ComLea County, NM35 BBLs46 MCFMar 2026
Pipeline DeepLea County, NM1,219 BBLs14,451 MCFMar 2026
Ram 2 11 1BS Federal ComLea County, NM1,952 BBLs10,537 MCFMar 2026
Ram 2 11 2BS Federal ComLea County, NM2,102 BBLs911 MCFMar 2026
Ram 2 11 Federal ComLea County, NM5,038 BBLs20,062 MCFMar 2026
Stetson 13 2Lea County, NM6,268 BBLs20,284 MCFMar 2026
Wapiti 3Lea County, NM70 BBLs0 MCFMar 2026

Companies in the Area

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

Company Name
Cimarex Energy Co. Of Colorado
Conoco Inc
Coterra Energy Operating Co.
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