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 - Feb 2026
Total Oil Production229,228 BBLs
Total Gas Production1,388,400 MCF
Recent Oil Production124 BBLs in Feb 2026
Recent Gas Production166 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Pennzoil Federal

ShaleAssessment™

$8,463 *

MarketMultiple™

$15,969 **

* 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 Feb 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, NM17 BBLs0 MCFFeb 2026
Buffalo 12 1 FederalLea County, NM4,914 BBLs7,907 MCFFeb 2026
Buffalo 2Lea County, NM29 BBLs2,860 MCFFeb 2026
Buffalo West 2 StateLea County, NM1,489 BBLs2,867 MCFFeb 2026
Ek 30 BS2 Federal ComLea County, NM0 BBLs0 MCFJan 2026
Ek 31 BS2 Federal ComLea County, NM0 BBLs0 MCFJan 2026
La Rica 32 StateLea County, NM0 BBLs0 MCFDec 1994
La Rica FederalLea County, NM0 BBLs0 MCFMar 2023
McElvainLea County, NM335 BBLs279 MCFFeb 2026
MescaleroLea County, NM474 BBLs306 MCFFeb 2026
Mescalero 7 6Lea County, NM12,305 BBLs41,041 MCFFeb 2026
Millie Mile 13 24 Federal ComLea County, NM28,467 BBLs43,169 MCFFeb 2026
PipelineLea County, NM0 BBLs0 MCFJan 2026
Pipeline A Federal ComLea County, NM0 BBLs0 MCFJan 2026
Pipeline DeepLea County, NM0 BBLs0 MCFJan 2026
Ram 2 11 1BS Federal ComLea County, NM1,511 BBLs8,658 MCFFeb 2026
Ram 2 11 2BS Federal ComLea County, NM1,580 BBLs314 MCFFeb 2026
Ram 2 11 Federal ComLea County, NM2,867 BBLs15,402 MCFFeb 2026
Stetson 13 2Lea County, NM5,711 BBLs17,014 MCFFeb 2026
Wapiti 3Lea County, NM59 BBLs0 MCFFeb 2026

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
Kaiser-Francis Oil Company
Matador Operating Company
Matador Production Company
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