Oil & Gas Property in Lea County, NM
Key data points for Pirate State
| County | Lea County, NM |
|---|---|
| Operator | PERMIAN RESOURCES OPERATING, LLC |
| Production Dates | Sep 2014 - May 2025 |
| Total Oil Production | 1,308,683 BBLs |
| Total Gas Production | 4,622,981 MCF |
| Recent Oil Production | 4,267 BBLs in May 2025 |
| Recent Gas Production | 56,711 MCF in May 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Pirate State
ShaleAssessment™
$7,622 *
MarketMultiple™
$758,986 **
* 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 Pirate State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Brad Lummis Com | Lea County, NM | 7,063 BBLs | 24,312 MCF | May 2025 |
| Brad Lummis Federal Com | Lea County, NM | 5,626 BBLs | 28,117 MCF | May 2025 |
| Carl Mottek Federal | Lea County, NM | 7,500 BBLs | 17,599 MCF | May 2025 |
| Flowmaster | Lea County, NM | 7,872 BBLs | 29,407 MCF | May 2025 |
| Galleon 21 Federal | Lea County, NM | 40,889 BBLs | 195,093 MCF | May 2025 |
| Gramma Ridge 14 24 34 | Lea County, NM | 5,387 BBLs | 16,231 MCF | May 2025 |
| Jolly Roger 16 State | Lea County, NM | 9,305 BBLs | 39,879 MCF | May 2025 |
| Juliet Federal Com | Lea County, NM | 18,309 BBLs | 107,532 MCF | May 2025 |
| Madera 17 Federal | Lea County, NM | 948 BBLs | 2,194 MCF | May 2025 |
| Picasso Federal | Lea County, NM | 1,161 BBLs | 2,282 MCF | May 2025 |
| Prodigal Sun 17 24 34 | Lea County, NM | 498 BBLs | 1,691 MCF | May 2025 |
| Raider Federal | Lea County, NM | 26,834 BBLs | 167,825 MCF | May 2025 |
| Romeo Federal Com | Lea County, NM | 6,386 BBLs | 27,571 MCF | May 2025 |
| Salvador Fee | Lea County, NM | 2,962 BBLs | 5,656 MCF | May 2025 |
| Sheba Federal Com | Lea County, NM | 18,309 BBLs | 97,967 MCF | May 2025 |
| Solomon Federal Com | Lea County, NM | 13,364 BBLs | 79,254 MCF | May 2025 |
| Stonewall 28 Federal Com | Lea County, NM | 103,230 BBLs | 206,358 MCF | May 2025 |
| The Contest Federal Com | Lea County, NM | 13,857 BBLs | 44,539 MCF | May 2025 |
| Will Kane 15 W | Lea County, NM | 4,880 BBLs | 7,962 MCF | May 2025 |
| Yukon 20 Federal Com | Lea County, NM | 162,929 BBLs | 747,843 MCF | May 2025 |
These are the closest 20 companies operating near the Pirate State property.