Oil & Gas Property in Lea County, NM
Key data points for Phillips
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jan 2026 |
| Total Oil Production | 398,576 BBLs |
| Total Gas Production | 533,443 MCF |
| Recent Oil Production | 59 BBLs in Jan 2026 |
| Recent Gas Production | 41 MCF in Jan 2026 |
| Wells on Property | 38 |
Our Valuation Estimates for Phillips
ShaleAssessment™
$17,685 *
MarketMultiple™
$40,597 **
* 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 | 404 BBLs | 1,184 MCF | Jan 2026 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 253 BBLs | 932 MCF | Jan 2026 |
| Beams 15 State | Lea County, NM | 324 BBLs | 754 MCF | Jan 2026 |
| Caprock Maljamar Unit | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Caprock Yeso Area Cya C | Lea County, NM | 810 BBLs | 815 MCF | Jan 2026 |
| Leamex | Lea County, NM | 960 BBLs | 582 MCF | Jan 2026 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Martin 11 State | Lea County, NM | 484 BBLs | 839 MCF | Jan 2026 |
| Oakmont 11 10 State Com | Lea County, NM | 3,214 BBLs | 3,735 MCF | Jan 2026 |
| Paddy | Lea County, NM | 962 BBLs | 872 MCF | Jan 2026 |
| Pebble 8 7 State Com | Lea County, NM | 13,400 BBLs | 23,706 MCF | Jan 2026 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Philmex | Lea County, NM | 554 BBLs | 117 MCF | Jan 2026 |
| Raider 9 State | Lea County, NM | 1,194 BBLs | 4,893 MCF | Jan 2026 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 20 BBLs | 0 MCF | Jan 2026 |
| Valhalla 9 8 State | Lea County, NM | 4,074 BBLs | 4,605 MCF | Jan 2026 |
These are the closest 20 companies operating near the Phillips property.