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 - Nov 2025
Total Oil Production1,140,176 BBLs
Total Gas Production4,125,690 MCF
Recent Oil Production381 BBLs in Nov 2025
Recent Gas Production2,469 MCF in Nov 2025
Wells on Property9

Our Valuation Estimates for Pennzoil

ShaleAssessment™

$27,360 *

MarketMultiple™

$55,560 **

* 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 Nov 2025

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 002CIMAREX ENERGY CO. OF COLORADOActiveLea 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.
29894PENNZOIL 36 STATE COMCIMAREX ENERGY CO. OF COLORADOLea 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, NM6,216 BBLs5,919 MCFNov 2025
Bate FederalLea County, NM0 BBLs0 MCFJun 2007
Gem 8705 JV-PLea County, NM839 BBLs763 MCFNov 2025
Hamon A Federal ComLea County, NM5,740 BBLs14,851 MCFNov 2025
Jade 34 3 2BSLea County, NM9,576 BBLs18,837 MCFNov 2025
Jade 34 3 Federal ComLea County, NM42,825 BBLs93,653 MCFNov 2025
Jade 34 FederalLea County, NM6 BBLs73 MCFNov 2025
Laguna DeepLea County, NM2,017 BBLs6,067 MCFNov 2025
Laguna Deep Federal UnitLea County, NM132 BBLs234 MCFNov 2025
Ling FederalLea County, NM123 BBLs732 MCFNov 2025
MescaleroLea County, NM177 BBLs2,060 MCFNov 2025
Mescalero 29 Federal ComLea County, NM0 BBLs0 MCFOct 2025
Python 3 FederalLea County, NM0 BBLs0 MCFDec 2022
Quail Ridge 3Lea County, NM559 BBLs5,761 MCFNov 2025
Red Hawk 32 StateLea County, NM87 BBLs70 MCFNov 2025
Sagebrush 24 FederalLea County, NM0 BBLs0 MCFApr 2022
SmithLea County, NM196 BBLs1,556 MCFNov 2025
Smith RanchLea County, NM9 BBLs0 MCFNov 2025
Verna Rae Federal ComLea County, NM6,867 BBLs7,018 MCFNov 2025

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
Chesapeake Operating, Inc.
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
Shackelford Oil Co
Spur Energy Partners LLC