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 - Sep 2025 |
| Total Oil Production | 1,139,452 BBLs |
| Total Gas Production | 4,120,997 MCF |
| Recent Oil Production | 447 BBLs in Sep 2025 |
| Recent Gas Production | 2,526 MCF in Sep 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$28,114 *
MarketMultiple™
$53,415 **
* 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 | 6,860 BBLs | 6,673 MCF | Sep 2025 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 808 BBLs | 872 MCF | Oct 2025 |
| Hamon A Federal Com | Lea County, NM | 7,525 BBLs | 23,292 MCF | Sep 2025 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 8,741 BBLs | 58,127 MCF | Sep 2025 |
| Jade 34 3 2BS | Lea County, NM | 10,084 BBLs | 15,850 MCF | Sep 2025 |
| Jade 34 3 Federal Com | Lea County, NM | 50,980 BBLs | 101,983 MCF | Sep 2025 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 216 MCF | Sep 2025 |
| Laguna Deep | Lea County, NM | 1,597 BBLs | 4,491 MCF | Sep 2025 |
| Laguna Deep Federal Unit | Lea County, NM | 122 BBLs | 343 MCF | Sep 2025 |
| Ling Federal | Lea County, NM | 449 BBLs | 1,680 MCF | Sep 2025 |
| Mescalero | Lea County, NM | 158 BBLs | 3,556 MCF | Sep 2025 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 387 BBLs | 3,831 MCF | Sep 2025 |
| Red Hawk 32 State | Lea County, NM | 124 BBLs | 114 MCF | Sep 2025 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 86 BBLs | 1,111 MCF | Sep 2025 |
| Smith Ranch | Lea County, NM | 15 BBLs | 0 MCF | Sep 2025 |
| Verna Rae Federal Com | Lea County, NM | 3,690 BBLs | 2,932 MCF | Sep 2025 |
These are the closest 20 companies operating near the Pennzoil property.