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 - Jun 2025 |
| Total Oil Production | 1,137,794 BBLs |
| Total Gas Production | 4,111,659 MCF |
| Recent Oil Production | 106 BBLs in Jun 2025 |
| Recent Gas Production | 638 MCF in Jun 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$29,216 *
MarketMultiple™
$45,229 **
* 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 | 6,452 BBLs | 5,794 MCF | Jul 2025 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 823 BBLs | 323 MCF | Jul 2025 |
| Hamon A Federal Com | Lea County, NM | 6,846 BBLs | 23,574 MCF | Jun 2025 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 8,802 BBLs | 48,740 MCF | Jul 2025 |
| Jade 34 3 2BS | Lea County, NM | 8,468 BBLs | 13,356 MCF | Jul 2025 |
| Jade 34 3 Federal Com | Lea County, NM | 48,978 BBLs | 96,674 MCF | Jul 2025 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Laguna Deep | Lea County, NM | 483 BBLs | 4,122 MCF | Jun 2025 |
| Laguna Deep Federal Unit | Lea County, NM | 89 BBLs | 227 MCF | Jun 2025 |
| Ling Federal | Lea County, NM | 323 BBLs | 1,222 MCF | Jul 2025 |
| Mescalero | Lea County, NM | 47 BBLs | 834 MCF | Jun 2025 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 358 BBLs | 4,013 MCF | Jun 2025 |
| Red Hawk 32 State | Lea County, NM | 44 BBLs | 7 MCF | Jun 2025 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 66 BBLs | 551 MCF | Jun 2025 |
| Smith Ranch | Lea County, NM | 11 BBLs | 0 MCF | Jun 2025 |
| Verna Rae Federal Com | Lea County, NM | 4,243 BBLs | 3,269 MCF | Jun 2025 |
These are the closest 20 companies operating near the Pennzoil property.