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 - May 2025 |
| Total Oil Production | 1,137,688 BBLs |
| Total Gas Production | 4,111,021 MCF |
| Recent Oil Production | 308 BBLs in May 2025 |
| Recent Gas Production | 1,230 MCF in May 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$29,578 *
MarketMultiple™
$52,614 **
* 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 | 7,217 BBLs | 6,520 MCF | May 2025 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 884 BBLs | 859 MCF | May 2025 |
| Hamon A Federal Com | Lea County, NM | 7,352 BBLs | 23,571 MCF | May 2025 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 11,480 BBLs | 58,460 MCF | May 2025 |
| Jade 34 3 2BS | Lea County, NM | 11,904 BBLs | 22,604 MCF | May 2025 |
| Jade 34 3 Federal Com | Lea County, NM | 57,492 BBLs | 115,443 MCF | May 2025 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Laguna Deep | Lea County, NM | 1,944 BBLs | 7,531 MCF | May 2025 |
| Laguna Deep Federal Unit | Lea County, NM | 90 BBLs | 209 MCF | May 2025 |
| Ling Federal | Lea County, NM | 302 BBLs | 1,402 MCF | May 2025 |
| Mescalero | Lea County, NM | 193 BBLs | 3,253 MCF | May 2025 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 464 BBLs | 5,201 MCF | May 2025 |
| Red Hawk 32 State | Lea County, NM | 128 BBLs | 70 MCF | May 2025 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 284 BBLs | 1,872 MCF | May 2025 |
| Smith Ranch | Lea County, NM | 16 BBLs | 0 MCF | May 2025 |
| Verna Rae Federal Com | Lea County, NM | 4,688 BBLs | 3,327 MCF | May 2025 |
These are the closest 20 companies operating near the Pennzoil property.