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 - Jul 2025 |
| Total Oil Production | 1,138,358 BBLs |
| Total Gas Production | 4,115,405 MCF |
| Recent Oil Production | 564 BBLs in Jul 2025 |
| Recent Gas Production | 3,724 MCF in Jul 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$28,851 *
MarketMultiple™
$42,645 **
* 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 | 6,330 BBLs | 5,632 MCF | Jul 2025 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 972 BBLs | 1,123 MCF | Aug 2025 |
| Hamon A Federal Com | Lea County, NM | 5,876 BBLs | 22,039 MCF | Aug 2025 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 8,996 BBLs | 54,467 MCF | Jul 2025 |
| Jade 34 3 2BS | Lea County, NM | 5,874 BBLs | 7,909 MCF | Jul 2025 |
| Jade 34 3 Federal Com | Lea County, NM | 45,758 BBLs | 96,621 MCF | Jul 2025 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 1,805 MCF | Jul 2025 |
| Laguna Deep | Lea County, NM | 1,932 BBLs | 8,408 MCF | Aug 2025 |
| Laguna Deep Federal Unit | Lea County, NM | 112 BBLs | 136 MCF | Jul 2025 |
| Ling Federal | Lea County, NM | 259 BBLs | 939 MCF | Aug 2025 |
| Mescalero | Lea County, NM | 215 BBLs | 1,434 MCF | Jul 2025 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 481 BBLs | 4,458 MCF | Jul 2025 |
| Red Hawk 32 State | Lea County, NM | 57 BBLs | 49 MCF | Jul 2025 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 214 BBLs | 1,816 MCF | Jul 2025 |
| Smith Ranch | Lea County, NM | 10 BBLs | 0 MCF | Aug 2025 |
| Verna Rae Federal Com | Lea County, NM | 4,528 BBLs | 3,398 MCF | Jul 2025 |
These are the closest 20 companies operating near the Pennzoil property.