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 - Nov 2025
Total Oil Production228,807 BBLs
Total Gas Production1,387,809 MCF
Recent Oil Production114 BBLs in Nov 2025
Recent Gas Production145 MCF in Nov 2025
Wells on Property4

Our Valuation Estimates for Pennzoil Federal

ShaleAssessment™

$8,756 *

MarketMultiple™

$16,004 **

* 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 Nov 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, NM41 BBLs0 MCFNov 2025
Buffalo 12 1 FederalLea County, NM3,917 BBLs7,666 MCFNov 2025
Buffalo 2Lea County, NM22 BBLs5,910 MCFNov 2025
Buffalo West 2 StateLea County, NM1,401 BBLs2,825 MCFNov 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, NM453 BBLs220 MCFNov 2025
MescaleroLea County, NM0 BBLs0 MCFOct 2025
Mescalero 7 6Lea County, NM14,598 BBLs49,484 MCFNov 2025
Millie Mile 13 24 Federal ComLea County, NM34,540 BBLs40,008 MCFNov 2025
PipelineLea County, NM138 BBLs93 MCFNov 2025
Pipeline A Federal ComLea County, NM37 BBLs58 MCFNov 2025
Pipeline DeepLea County, NM929 BBLs11,003 MCFNov 2025
Ram 2 11 1BS Federal ComLea County, NM1,737 BBLs9,517 MCFNov 2025
Ram 2 11 2BS Federal ComLea County, NM1,661 BBLs1,223 MCFNov 2025
Ram 2 11 Federal ComLea County, NM6,398 BBLs26,644 MCFNov 2025
Stetson 13 2Lea County, NM6,404 BBLs15,230 MCFNov 2025
Wapiti 3Lea County, NM73 BBLs91 MCFNov 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
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