Oil & Gas Property in Lea County, NM
Key data points for Phillips Lea
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 428,458 BBLs |
| Total Gas Production | 943,163 MCF |
| Recent Oil Production | 494 BBLs in Feb 2026 |
| Recent Gas Production | 0 MCF in Feb 2026 |
| Wells on Property | 11 |
Our Valuation Estimates for Phillips Lea
ShaleAssessment™
$49,617 *
MarketMultiple™
$70,723 **
* 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 Phillips Lea property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Casa State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
| Central Ek Queen Unit | Lea County, NM | 168 BBLs | 0 MCF | Feb 2026 |
| Cimarron 1 | Lea County, NM | 861 BBLs | 1,505 MCF | Feb 2026 |
| Cockburn | Lea County, NM | 723 BBLs | 1,023 MCF | Feb 2026 |
| Hale State | Lea County, NM | 224 BBLs | 0 MCF | Feb 2026 |
| Joannie | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
| Lea 0 | Lea County, NM | 104 BBLs | 0 MCF | Feb 2026 |
| Lea KG State | Lea County, NM | 1,349 BBLs | 2,780 MCF | Feb 2026 |
| Lea Xa State | Lea County, NM | 261 BBLs | 767 MCF | Feb 2026 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Mescalero Ridge | Lea County, NM | 62 BBLs | 2,709 MCF | Feb 2026 |
| Opl Twin Berry State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Philmex | Lea County, NM | 133 BBLs | 37 MCF | Feb 2026 |
| Raven State | Lea County, NM | 194 BBLs | 253 MCF | Feb 2026 |
| State | Lea County, NM | 3,907 BBLs | 12,083 MCF | Feb 2026 |
| State Vacuum Unit | Lea County, NM | 743 BBLs | 0 MCF | Feb 2026 |
| Sunflower | Lea County, NM | 0 BBLs | 0 MCF | Jul 2022 |
| West Vacuum Unit | Lea County, NM | 2,209 BBLs | 572 MCF | Feb 2026 |
| Wyatt Aa Federal | Lea County, NM | 155 BBLs | 529 MCF | Feb 2026 |
| Wyatt Phillips | Lea County, NM | 241 BBLs | 23 MCF | Feb 2026 |
These are the closest 20 companies operating near the Phillips Lea property.