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 - Dec 2025
Total Oil Production1,140,547 BBLs
Total Gas Production4,126,709 MCF
Recent Oil Production371 BBLs in Dec 2025
Recent Gas Production1,135 MCF in Dec 2025
Wells on Property9

Our Valuation Estimates for Pennzoil

ShaleAssessment™

$26,976 *

MarketMultiple™

$52,698 **

* 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 Dec 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, NM6,169 BBLs5,795 MCFDec 2025
Bate FederalLea County, NM0 BBLs0 MCFJun 2007
Gem 8705 JV-PLea County, NM959 BBLs807 MCFDec 2025
Hamon A Federal ComLea County, NM8,146 BBLs17,051 MCFDec 2025
Jade 34 3 2BSLea County, NM7,375 BBLs11,678 MCFDec 2025
Jade 34 3 Federal ComLea County, NM42,048 BBLs92,949 MCFDec 2025
Jade 34 FederalLea County, NM3 BBLs27 MCFDec 2025
Laguna DeepLea County, NM1,877 BBLs8,384 MCFDec 2025
Laguna Deep Federal UnitLea County, NM143 BBLs252 MCFDec 2025
Ling FederalLea County, NM420 BBLs1,548 MCFDec 2025
MescaleroLea County, NM192 BBLs1,633 MCFDec 2025
Mescalero 29 Federal ComLea County, NM0 BBLs0 MCFOct 2025
Python 3 FederalLea County, NM0 BBLs0 MCFDec 2022
Quail Ridge 3Lea County, NM479 BBLs5,204 MCFDec 2025
Red Hawk 32 StateLea County, NM74 BBLs3 MCFDec 2025
Sagebrush 24 FederalLea County, NM0 BBLs0 MCFApr 2022
SmithLea County, NM188 BBLs1,345 MCFDec 2025
Smith RanchLea County, NM2 BBLs0 MCFDec 2025
Verna Rae Federal ComLea County, NM6,479 BBLs7,286 MCFDec 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