Pennzoil

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Pennzoil

CountyLea County, NM
Production DatesJan 1993 - Mar 2026
Total Oil Production1,141,202 BBLs
Total Gas Production4,129,277 MCF
Recent Oil Production145 BBLs in Mar 2026
Recent Gas Production1,019 MCF in Mar 2026
Wells on Property9

Our Valuation Estimates for Pennzoil

ShaleAssessment™

$26,067 *

MarketMultiple™

$54,839 **

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

Based on a decimal interest

Pennzoil Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pennzoil
from Jan 1993 to Mar 2026

Wells on Pennzoil

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-29918PENNZOIL 36 STATE 001Coterra Energy Operating Co.ActiveLea County, NM32.614842-103.610443
30-025-35971PENNZOIL 36 STATE COM 002Coterra Energy Operating Co.ActiveLea County, NM32.621018-103.612206
30-025-37991PENNZOIL B 36 STATE 001Coterra Energy Operating Co.Plugged (Not Released)Lea County, NM32.618458-103.610428
30-025-38300PENNZOIL B 36 STATE 002Coterra Energy Operating Co.ActiveLea County, NM32.615753-103.614723
30-025-38558PENNZOIL B 36 STATE 003CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.618462-103.614716
30-025-38559PENNZOIL B 36 STATE 004Coterra Energy Operating Co.ActiveLea County, NM32.612125-103.614739
30-025-38560PENNZOIL B 36 STATE 005Coterra Energy Operating Co.ActiveLea County, NM32.611214-103.610451
30-025-38624PENNZOIL B 36 STATE 007CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.621346-103.610420
30-025-38635PENNZOIL B 36 STATE 006CIMAREX ENERGY CO. OF COLORADOCancelledLea County, NM32.622093-103.614733

Leases included in Pennzoil

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
338615PENNZOIL 36 STATE COMCoterra Energy Operating Co.Lea County, NM
338682PENNZOIL B 36 STATECoterra Energy Operating Co.Lea County, NM
338759PENNZOIL 36 STATECoterra Energy Operating Co.Lea County, NM
35758PENNZOIL B 36 STATECIMAREX ENERGY CO. OF COLORADOLea County, NM

Operators Associated With Pennzoil

Nearby Properties

These are the closest 20 properties to the Pennzoil property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anaconda 11Lea County, NM0 BBLs0 MCFDec 2022
Anaconda 11 14Lea County, NM5,870 BBLs5,463 MCFMar 2026
Bate FederalLea County, NM0 BBLs0 MCFJun 2007
Gem 8705 JV-PLea County, NM1,079 BBLs1,071 MCFMar 2026
Hamon A Federal ComLea County, NM10,605 BBLs26,219 MCFMar 2026
Jade 34 3 2BSLea County, NM9,165 BBLs17,076 MCFMar 2026
Jade 34 3 Federal ComLea County, NM35,240 BBLs83,749 MCFMar 2026
Jade 34 FederalLea County, NM0 BBLs54 MCFMar 2026
Laguna DeepLea County, NM1,906 BBLs8,915 MCFApr 2026
Laguna Deep Federal UnitLea County, NM136 BBLs247 MCFMar 2026
Ling FederalLea County, NM340 BBLs1,675 MCFApr 2026
MescaleroLea County, NM38 BBLs1,198 MCFMar 2026
Mescalero 29 Federal ComLea County, NM0 BBLs68 MCFMar 2026
Python 3 FederalLea County, NM0 BBLs0 MCFDec 2022
Quail Ridge 3Lea County, NM496 BBLs5,717 MCFMar 2026
Red Hawk 32 StateLea County, NM11 BBLs0 MCFMar 2026
Sagebrush 24 FederalLea County, NM0 BBLs0 MCFApr 2022
SmithLea County, NM273 BBLs1,629 MCFMar 2026
Smith RanchLea County, NM37 BBLs0 MCFMar 2026
Verna Rae Federal ComLea County, NM6,458 BBLs9,125 MCFMar 2026

Companies in the Area

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

Company Name
3R Operating , LLC
Bta Oil Producers
Bta Oil Producers, LLC
BXP Operating, LLC
Chevron USA Inc
Cimarex Energy Co. Of Colorado
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
Earthstone Operating, LLC
Fasken Oil And Ranch, LTD.
Legacy Reserves Operating LP
Matador Production Company
Merit Energy Company, LLC
Mewbourne Oil Company
Murchison Oil And Gas, LLC
Nearburg Producing Company
Permian Resources Operating, LLC
Shackelford Oil Co
Spur Energy Partners LLC