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 - Feb 2025 |
| Total Oil Production | 1,136,724 BBLs |
| Total Gas Production | 4,106,280 MCF |
| Recent Oil Production | 427 BBLs in Feb 2025 |
| Recent Gas Production | 1,929 MCF in Feb 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$30,650 *
MarketMultiple™
$48,589 **
* 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 | 7,223 BBLs | 6,572 MCF | Feb 2025 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 1,015 BBLs | 975 MCF | Feb 2025 |
| Hamon A Federal Com | Lea County, NM | 10,580 BBLs | 26,877 MCF | Feb 2025 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 13,525 BBLs | 44,510 MCF | Feb 2025 |
| Jade 34 3 2BS | Lea County, NM | 11,524 BBLs | 11,417 MCF | Feb 2025 |
| Jade 34 3 Federal Com | Lea County, NM | 57,294 BBLs | 83,242 MCF | Feb 2025 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Laguna Deep | Lea County, NM | 1,354 BBLs | 6,169 MCF | Feb 2025 |
| Laguna Deep Federal Unit | Lea County, NM | 146 BBLs | 249 MCF | Feb 2025 |
| Ling Federal | Lea County, NM | 201 BBLs | 1,185 MCF | Feb 2025 |
| Mescalero | Lea County, NM | 196 BBLs | 2,756 MCF | Feb 2025 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 422 BBLs | 5,260 MCF | Feb 2025 |
| Red Hawk 32 State | Lea County, NM | 2 BBLs | 28 MCF | Feb 2025 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 257 BBLs | 1,836 MCF | Feb 2025 |
| Smith Ranch | Lea County, NM | 1 BBLs | 0 MCF | Feb 2025 |
| Verna Rae Federal Com | Lea County, NM | 4,723 BBLs | 3,265 MCF | Feb 2025 |
These are the closest 20 companies operating near the Pennzoil property.