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 - Feb 2025 |
| Total Oil Production | 1,296,073 BBLs |
| Total Gas Production | 4,447,854 MCF |
| Recent Oil Production | 4,444 BBLs in Feb 2025 |
| Recent Gas Production | 44,462 MCF in Feb 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Pirate State
ShaleAssessment™
$8,003 *
MarketMultiple™
$770,448 **
* 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 | 5,824 BBLs | 25,428 MCF | Feb 2025 |
| Brad Lummis Federal Com | Lea County, NM | 4,522 BBLs | 19,932 MCF | Feb 2025 |
| Carl Mottek Federal | Lea County, NM | 5,867 BBLs | 13,564 MCF | Feb 2025 |
| Flowmaster | Lea County, NM | 7,676 BBLs | 20,667 MCF | Feb 2025 |
| Galleon 21 Federal | Lea County, NM | 39,647 BBLs | 194,580 MCF | Feb 2025 |
| Gramma Ridge 14 24 34 | Lea County, NM | 3,751 BBLs | 8,129 MCF | Feb 2025 |
| Jolly Roger 16 State | Lea County, NM | 9,942 BBLs | 33,353 MCF | Feb 2025 |
| Juliet Federal Com | Lea County, NM | 19,358 BBLs | 107,415 MCF | Feb 2025 |
| Madera 17 Federal | Lea County, NM | 1,115 BBLs | 1,478 MCF | Feb 2025 |
| Picasso Federal | Lea County, NM | 951 BBLs | 2,270 MCF | Feb 2025 |
| Prodigal Sun 17 24 34 | Lea County, NM | 725 BBLs | 1,583 MCF | Feb 2025 |
| Raider Federal | Lea County, NM | 27,037 BBLs | 159,886 MCF | Feb 2025 |
| Romeo Federal Com | Lea County, NM | 6,004 BBLs | 20,853 MCF | Feb 2025 |
| Salvador Fee | Lea County, NM | 1,655 BBLs | 4,115 MCF | Feb 2025 |
| Sheba Federal Com | Lea County, NM | 17,420 BBLs | 84,691 MCF | Feb 2025 |
| Solomon Federal Com | Lea County, NM | 13,225 BBLs | 76,042 MCF | Feb 2025 |
| Stonewall 28 Federal Com | Lea County, NM | 137,523 BBLs | 222,509 MCF | Feb 2025 |
| The Contest Federal Com | Lea County, NM | 11,797 BBLs | 36,737 MCF | Feb 2025 |
| Will Kane 15 W | Lea County, NM | 3,644 BBLs | 5,045 MCF | Feb 2025 |
| Yukon 20 Federal Com | Lea County, NM | 180,307 BBLs | 879,749 MCF | Feb 2025 |
These are the closest 20 companies operating near the Pirate State property.