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 2024 |
| Total Oil Production | 1,239,525 BBLs |
| Total Gas Production | 3,970,811 MCF |
| Recent Oil Production | 5,123 BBLs in Jan 2024 |
| Recent Gas Production | 25,345 MCF in Jan 2024 |
| Wells on Property | 7 |
Our Valuation Estimates for Pirate State
ShaleAssessment™
$9,998 *
MarketMultiple™
$677,624 **
* 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 | 8,396 BBLs | 20,206 MCF | Jan 2024 |
| Brad Lummis Federal Com | Lea County, NM | 6,625 BBLs | 19,361 MCF | Jan 2024 |
| Carl Mottek Federal | Lea County, NM | 6,809 BBLs | 12,935 MCF | Jan 2024 |
| Flowmaster | Lea County, NM | 12,579 BBLs | 44,972 MCF | Feb 2024 |
| Galleon 21 Federal | Lea County, NM | 59,427 BBLs | 219,870 MCF | Jan 2024 |
| Gramma Ridge 14 24 34 | Lea County, NM | 3,738 BBLs | 9,254 MCF | Feb 2024 |
| Jolly Roger 16 State | Lea County, NM | 10,885 BBLs | 23,283 MCF | Jan 2024 |
| Juliet Federal Com | Lea County, NM | 46,083 BBLs | 203,819 MCF | Feb 2024 |
| Madera 17 Federal | Lea County, NM | 970 BBLs | 1,225 MCF | Feb 2024 |
| Picasso Federal | Lea County, NM | 1,721 BBLs | 1,231 MCF | Feb 2024 |
| Prodigal Sun 17 24 34 | Lea County, NM | 625 BBLs | 885 MCF | Feb 2024 |
| Raider Federal | Lea County, NM | 28,907 BBLs | 106,811 MCF | Feb 2024 |
| Romeo Federal Com | Lea County, NM | 10,601 BBLs | 42,857 MCF | Feb 2024 |
| Salvador Fee | Lea County, NM | 2,488 BBLs | 6,067 MCF | Feb 2024 |
| Sheba Federal Com | Lea County, NM | 22,316 BBLs | 107,849 MCF | Feb 2024 |
| Solomon Federal Com | Lea County, NM | 19,472 BBLs | 92,941 MCF | Feb 2024 |
| Stonewall 28 Federal Com | Lea County, NM | 17,138 BBLs | 78,387 MCF | Jan 2024 |
| The Contest Federal Com | Lea County, NM | 16,890 BBLs | 54,129 MCF | Feb 2024 |
| Will Kane 15 W | Lea County, NM | 5,165 BBLs | 7,440 MCF | Feb 2024 |
| Yukon 20 Federal Com | Lea County, NM | 156,311 BBLs | 654,434 MCF | Jan 2024 |
These are the closest 20 companies operating near the Pirate State property.