Phillips

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Phillips

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production395,499 BBLs
Total Gas Production530,328 MCF
Recent Oil Production124 BBLs in Mar 2025
Recent Gas Production138 MCF in Mar 2025
Wells on Property38

Our Valuation Estimates for Phillips

ShaleAssessment™

$19,923 *

MarketMultiple™

$49,565 **

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

Based on a decimal interest

Phillips Production Graph

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

Wells on Phillips

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Leases included in Phillips

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
24614PHILLIPS B STATEPENNZENERGY EXPLORATION AND PRODUCTION LLCLea County, NM
31138PHILLIPS E STATECONOCOPHILLIPS COMPANYLea County, NM
332980PHILLIPS E STATEMaverick Permian LLCLea County, NM
9132PHILLIPS E STATEPHILLIPS PETROLEUM COLea County, NM

Operators Associated With Phillips

Nearby Properties

These are the closest 20 properties to the Phillips property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abenaki 10 StateLea County, NM447 BBLs1,303 MCFMar 2025
Aztec StateLea County, NM0 BBLs0 MCFDec 2013
BarracudaLea County, NM310 BBLs1,054 MCFMar 2025
Beams 15 StateLea County, NM326 BBLs883 MCFMar 2025
Caprock Yeso Area Cya CLea County, NM2,344 BBLs5,166 MCFMar 2025
Danjer 22 10 State ComLea County, NM11,686 BBLs17,008 MCFMar 2025
LeamexLea County, NM1,067 BBLs2,257 MCFMar 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Martin 11 StateLea County, NM507 BBLs840 MCFMar 2025
Oakmont 11 10 State ComLea County, NM3,993 BBLs4,578 MCFMar 2025
PaddyLea County, NM1,132 BBLs246 MCFMar 2025
Pebble 8 7 State ComLea County, NM22,236 BBLs40,394 MCFMar 2025
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhilmexLea County, NM468 BBLs1,169 MCFMar 2025
Raider 9 StateLea County, NM1,414 BBLs5,259 MCFMar 2025
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shahara State UnitLea County, NM0 BBLs0 MCFAug 2023
Shell StateLea County, NM0 BBLs0 MCFApr 2022
StateLea County, NM8 BBLs0 MCFMar 2025
Valhalla 9 8 StateLea County, NM7,732 BBLs8,264 MCFMar 2025

Companies in the Area

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

Company Name