Oil & Gas Property in Lea County, NM
Key data points for Penroc State
| County | Lea County, NM |
|---|---|
| Operator | REMNANT OIL OPERATING, LLC |
| Production Dates | Jan 1993 - Dec 2023 |
| Total Oil Production | 89,460 BBLs |
| Total Gas Production | 339,065 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for Penroc State
ShaleAssessment™
$5,280 *
MarketMultiple™
$15,093 **
* 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 Penroc State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Brewer 689 C LTD | Lea County, NM | 0 BBLs | 0 MCF | Aug 2003 |
| Caprock 12 State Com | Chaves County, NM | 267 BBLs | 367 MCF | Jan 2024 |
| Graham B State | Lea County, NM | 248 BBLs | 2,843 MCF | Feb 2024 |
| H C Posey A | Lea County, NM | 0 BBLs | 0 MCF | Jul 2022 |
| Huber | Lea County, NM | 59 BBLs | 453 MCF | Feb 2024 |
| Hugh 689-C | Lea County, NM | 0 BBLs | 0 MCF | Feb 2008 |
| John H Moore | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| L C H 689 LTD | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| Landlady | Lea County, NM | 0 BBLs | 0 MCF | May 2015 |
| Mathers | Lea County, NM | 0 BBLs | 373 MCF | Feb 2024 |
| New Mexico B | Lea County, NM | 0 BBLs | 0 MCF | Dec 2023 |
| North Baum | Lea County, NM | 0 BBLs | 0 MCF | Apr 2002 |
| North Caprock Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Northeast Caprock Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Penn 7514 JV D | Lea County, NM | 328 BBLs | 468 MCF | Feb 2024 |
| Stan | Lea County, NM | 628 BBLs | 775 MCF | Feb 2024 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2023 |
| Tenneco Sunshine | Lea County, NM | 0 BBLs | 0 MCF | Jun 1998 |
| W E Mathers | Lea County, NM | 12 BBLs | 226 MCF | Jan 2024 |
| Yolanda | Lea County, NM | 333 BBLs | 3,523 MCF | Feb 2024 |
These are the closest 20 companies operating near the Penroc State property.