Oil & Gas Property in Lea County, NM
Key data points for Phillips State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Mar 2026 |
| Total Oil Production | 28,006 BBLs |
| Total Gas Production | 5,430,359 MCF |
| Recent Oil Production | 0 BBLs in Mar 2026 |
| Recent Gas Production | 7,964 MCF in Mar 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Phillips State
ShaleAssessment™
$798 *
MarketMultiple™
$14,533 **
* 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 | 1,134 BBLs | 2,078 MCF | Mar 2026 |
| Cache River 29 32 State Com | Lea County, NM | 36,977 BBLs | 84,582 MCF | Mar 2026 |
| Dee Osborne 19 | Lea County, NM | 19,134 BBLs | 66,715 MCF | Mar 2026 |
| Dolly Varden 25 24 B | Lea County, NM | 6,267 BBLs | 20,636 MCF | Mar 2026 |
| Dovetail 18 7 State Com | Lea County, NM | 10,694 BBLs | 28,673 MCF | Mar 2026 |
| Eric Cartman 31 State Com | Lea County, NM | 5,580 BBLs | 14,931 MCF | Mar 2026 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 738 MCF | Mar 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 | 32,155 BBLs | 213,494 MCF | Mar 2026 |
| Osudo 9 State | Lea County, NM | 87 BBLs | 13,262 MCF | Mar 2026 |
| Outland 1 | Lea County, NM | 35,285 BBLs | 116,800 MCF | Mar 2026 |
| Outland State Unit | Lea County, NM | 28,241 BBLs | 68,323 MCF | Mar 2026 |
| P Q Osudo State Com | Lea County, NM | 162 BBLs | 18,474 MCF | Mar 2026 |
| San Simon | Lea County, NM | 5 BBLs | 10,948 MCF | Mar 2026 |
| Wilson | Lea County, NM | 0 BBLs | 650 MCF | Apr 2026 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 3,304 MCF | Mar 2026 |
| Yates A | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
These are the closest 20 companies operating near the Phillips State property.