Oil & Gas Property in Lea County, NM
Key data points for Phillips
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2025 |
| Total Oil Production | 397,860 BBLs |
| Total Gas Production | 533,442 MCF |
| Recent Oil Production | 285 BBLs in Oct 2025 |
| Recent Gas Production | 168 MCF in Oct 2025 |
| Wells on Property | 38 |
Our Valuation Estimates for Phillips
ShaleAssessment™
$18,344 *
MarketMultiple™
$39,310 **
* 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 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abenaki 10 State | Lea County, NM | 416 BBLs | 1,382 MCF | Oct 2025 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 243 BBLs | 1,018 MCF | Oct 2025 |
| Beams 15 State | Lea County, NM | 402 BBLs | 886 MCF | Oct 2025 |
| Caprock Maljamar Unit | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Caprock Yeso Area Cya C | Lea County, NM | 1,076 BBLs | 2,429 MCF | Oct 2025 |
| Leamex | Lea County, NM | 1,442 BBLs | 1,789 MCF | Oct 2025 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Martin 11 State | Lea County, NM | 493 BBLs | 899 MCF | Oct 2025 |
| Oakmont 11 10 State Com | Lea County, NM | 3,757 BBLs | 4,126 MCF | Oct 2025 |
| Paddy | Lea County, NM | 1,185 BBLs | 568 MCF | Oct 2025 |
| Pebble 8 7 State Com | Lea County, NM | 14,867 BBLs | 22,782 MCF | Oct 2025 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Philmex | Lea County, NM | 426 BBLs | 795 MCF | Oct 2025 |
| Raider 9 State | Lea County, NM | 1,268 BBLs | 5,254 MCF | Oct 2025 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 200 BBLs | 0 MCF | Oct 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 19 BBLs | 0 MCF | Oct 2025 |
| Valhalla 9 8 State | Lea County, NM | 4,587 BBLs | 5,202 MCF | Oct 2025 |
These are the closest 20 companies operating near the Phillips property.