Oil & Gas Property in Lea County, NM
Key data points for Phillips State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jun 2026 |
| Total Oil Production | 28,009 BBLs |
| Total Gas Production | 5,441,048 MCF |
| Recent Oil Production | 0 BBLs in Jun 2026 |
| Recent Gas Production | 3,522 MCF in Jun 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Phillips State
ShaleAssessment™
$772 *
MarketMultiple™
$17,154 **
* 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 | 1,400 BBLs | 2,038 MCF | Jun 2026 |
| Cache River 29 32 State Com | Lea County, NM | 30,318 BBLs | 52,658 MCF | Jun 2026 |
| Dee Osborne 19 | Lea County, NM | 19,798 BBLs | 57,464 MCF | Jun 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 8,131 BBLs | 29,566 MCF | Jun 2026 |
| Dovetail 18 7 State Com | Lea County, NM | 16,446 BBLs | 29,359 MCF | Jun 2026 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 534 MCF | Jun 2026 |
| 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 | 31,830 BBLs | 67,846 MCF | Jun 2026 |
| Osudo 9 State | Lea County, NM | 0 BBLs | 15,350 MCF | Jun 2026 |
| Outland 1 | Lea County, NM | 28,473 BBLs | 108,380 MCF | Jun 2026 |
| Outland 14 23 State Com 2BS | Lea County, NM | 3,314 BBLs | 2,501 MCF | Jun 2026 |
| Outland State Unit | Lea County, NM | 53,747 BBLs | 152,951 MCF | Jun 2026 |
| P Q Osudo State Com | Lea County, NM | 200 BBLs | 21,729 MCF | Jul 2026 |
| San Simon | Lea County, NM | 0 BBLs | 6,496 MCF | Jun 2026 |
| Wilson | Lea County, NM | 0 BBLs | 452 MCF | Jul 2026 |
| Wilson Deep Unit | Lea County, NM | 21 BBLs | 4,047 MCF | Jun 2026 |
| Yates A | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
These are the closest 20 companies operating near the Phillips State property.