Oil & Gas Property in Lea County, NM
Key data points for Phillips State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2025 |
| Total Oil Production | 28,006 BBLs |
| Total Gas Production | 5,410,755 MCF |
| Recent Oil Production | 0 BBLs in Sep 2025 |
| Recent Gas Production | 1,882 MCF in Sep 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Phillips State
ShaleAssessment™
$847 *
MarketMultiple™
$20,804 **
* 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 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bruce Keplinger 13 State Com | Lea County, NM | 560 BBLs | 763 MCF | Sep 2025 |
| Cache River 29 32 State Com | Lea County, NM | 62,726 BBLs | 164,764 MCF | Sep 2025 |
| Dee Osborne 19 | Lea County, NM | 24,024 BBLs | 92,242 MCF | Sep 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 7,207 BBLs | 22,470 MCF | Sep 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 38,039 BBLs | 106,643 MCF | Sep 2025 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 363 MCF | Sep 2025 |
| Hunger Buster State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2008 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| New Mexico BZ State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2008 |
| North Wilson Deep Unit | Lea County, NM | 65,824 BBLs | 263,710 MCF | Sep 2025 |
| Osudo 9 State | Lea County, NM | 19 BBLs | 20,979 MCF | Sep 2025 |
| Outland 1 | Lea County, NM | 50,004 BBLs | 148,921 MCF | Sep 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 1,953 BBLs | 1,910 MCF | Sep 2025 |
| Outland State Unit | Lea County, NM | 77,435 BBLs | 209,171 MCF | Sep 2025 |
| P Q Osudo State Com | Lea County, NM | 108 BBLs | 16,475 MCF | Oct 2025 |
| San Simon | Lea County, NM | 9 BBLs | 10,369 MCF | Oct 2025 |
| Wilson | Lea County, NM | 0 BBLs | 879 MCF | Sep 2025 |
| Wilson Deep Unit | Lea County, NM | 4 BBLs | 5,207 MCF | Oct 2025 |
| Yates A | Lea County, NM | 7 BBLs | 0 MCF | Sep 2025 |
These are the closest 20 companies operating near the Phillips State property.