Oil & Gas Property in Lea County, NM
Key data points for Pennzoil
| County | Lea County, NM |
|---|---|
| Operator | CIMAREX ENERGY CO. OF COLORADO |
| Production Dates | Jan 1993 - Feb 2024 |
| Total Oil Production | 1,132,540 BBLs |
| Total Gas Production | 4,072,037 MCF |
| Recent Oil Production | 484 BBLs in Jan 2024 |
| Recent Gas Production | 3,237 MCF in Jan 2024 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$35,623 *
MarketMultiple™
$32,187 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Pennzoil property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Anaconda 11 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Anaconda 11 14 | Lea County, NM | 11,024 BBLs | 12,393 MCF | Jan 2024 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 1,128 BBLs | 1,002 MCF | Feb 2024 |
| Hamon A Federal Com | Lea County, NM | 14,348 BBLs | 33,410 MCF | Jan 2024 |
| Jade 34 3 2BS | Lea County, NM | 144 BBLs | 458 MCF | Jan 2024 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
| Laguna Deep | Lea County, NM | 1,102 BBLs | 4,291 MCF | Feb 2024 |
| Laguna Deep Federal Unit | Lea County, NM | 203 BBLs | 527 MCF | Feb 2024 |
| Ling Federal | Lea County, NM | 297 BBLs | 1,490 MCF | Feb 2024 |
| Mallon 2 | Lea County, NM | 0 BBLs | 0 MCF | Mar 2019 |
| Mescalero | Lea County, NM | 328 BBLs | 2,663 MCF | Feb 2024 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 499 BBLs | 5,062 MCF | Feb 2024 |
| Red Hawk 32 State | Lea County, NM | 302 BBLs | 132 MCF | Jan 2024 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Sapphire Fed | Lea County, NM | 0 BBLs | 0 MCF | Dec 2023 |
| Smith | Lea County, NM | 452 BBLs | 1,949 MCF | Feb 2024 |
| Smith Ranch | Lea County, NM | 10 BBLs | 0 MCF | Feb 2024 |
| Verna Rae Federal Com | Lea County, NM | 6,707 BBLs | 9,151 MCF | Jan 2024 |
These are the closest 20 companies operating near the Pennzoil property.