Phillips State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Phillips State Oil & Gas Property

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Property Summary

Key data points for Phillips State

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production28,005 BBLs
Total Gas Production5,384,907 MCF
Recent Oil Production1 BBLs in Mar 2025
Recent Gas Production5,270 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Phillips State

ShaleAssessment™

$923 *

MarketMultiple™

$15,210 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Phillips State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phillips State
from Jan 1993 to Mar 2025

Wells on Phillips State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,

Leases included in Phillips State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
14042PHILLIPS STATEHAL J RASMUSSEN OPER INCLea County, NM
310263PHILLIPS STATECOG OPERATING LLCLea County, NM

Operators Associated With Phillips State

Nearby Properties

These are the closest 20 properties to the Phillips State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cache River 29 32 State ComLea County, NM88,699 BBLs154,946 MCFMar 2025
Dee Osborne 19Lea County, NM20,911 BBLs65,573 MCFMar 2025
Dolly Varden 25 24 BLea County, NM10,506 BBLs26,491 MCFMar 2025
Dovetail 18 7 State ComLea County, NM101,429 BBLs118,493 MCFMar 2025
Eric Cartman 31 State ComLea County, NM17,426 BBLs37,249 MCFMar 2025
Grama Ridge 23 StateLea County, NM0 BBLs365 MCFMar 2025
Hunger Buster StateLea County, NM0 BBLs0 MCFApr 2008
Kaiser StateLea County, NM0 BBLs0 MCFDec 2014
Mary 12 State ComLea County, NM0 BBLs0 MCFJun 2024
New Mexico BZ StateLea County, NM0 BBLs0 MCFJun 2008
North Wilson Deep UnitLea County, NM110,408 BBLs307,199 MCFMar 2025
Osudo 9 StateLea County, NM33 BBLs17,966 MCFMar 2025
Outland 1Lea County, NM124,041 BBLs237,049 MCFMar 2025
Outland 14 23 State Com 2BSLea County, NM990 BBLs158 MCFMar 2025
Outland State UnitLea County, NM114,226 BBLs175,756 MCFMar 2025
P Q Osudo State ComLea County, NM75 BBLs9,492 MCFMar 2025
San SimonLea County, NM20 BBLs12,183 MCFMar 2025
WilsonLea County, NM0 BBLs91 MCFMar 2025
Wilson Deep UnitLea County, NM0 BBLs2,354 MCFMar 2025
Yates ALea County, NM0 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Phillips State property.

Company Name