Oil & Gas Property in Lea County, NM
Key data points for Phillips State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 28,006 BBLs |
| Total Gas Production | 5,422,384 MCF |
| Recent Oil Production | 0 BBLs in Feb 2026 |
| Recent Gas Production | 1,134 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Phillips State
ShaleAssessment™
$807 *
MarketMultiple™
$17,146 **
* 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 | 602 BBLs | 643 MCF | Feb 2026 |
| Cache River 29 32 State Com | Lea County, NM | 41,118 BBLs | 99,602 MCF | Feb 2026 |
| Dee Osborne 19 | Lea County, NM | 13,712 BBLs | 51,108 MCF | Feb 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 5,603 BBLs | 18,724 MCF | Feb 2026 |
| Dovetail 18 7 State Com | Lea County, NM | 15,069 BBLs | 40,454 MCF | Feb 2026 |
| Eric Cartman 31 State Com | Lea County, NM | 5,189 BBLs | 14,421 MCF | Feb 2026 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 671 MCF | Feb 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 | 33,044 BBLs | 123,152 MCF | Feb 2026 |
| Osudo 9 State | Lea County, NM | 0 BBLs | 10,944 MCF | Feb 2026 |
| Outland 1 | Lea County, NM | 31,215 BBLs | 99,164 MCF | Feb 2026 |
| Outland State Unit | Lea County, NM | 34,275 BBLs | 96,094 MCF | Feb 2026 |
| P Q Osudo State Com | Lea County, NM | 116 BBLs | 17,958 MCF | Feb 2026 |
| San Simon | Lea County, NM | 0 BBLs | 9,260 MCF | Feb 2026 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Wilson Deep Unit | Lea County, NM | 23 BBLs | 1,835 MCF | Feb 2026 |
| Yates A | Lea County, NM | 14 BBLs | 0 MCF | Feb 2026 |
These are the closest 20 companies operating near the Phillips State property.