Oil & Gas Property in Lea County, NM
Key data points for Queso State
| County | Lea County, NM |
|---|---|
| Operator | COG PRODUCTION LLC |
| Production Dates | May 2013 - Oct 2025 |
| Total Oil Production | 1,734,355 BBLs |
| Total Gas Production | 11,124,315 MCF |
| Recent Oil Production | 3,357 BBLs in Oct 2025 |
| Recent Gas Production | 16,072 MCF in Oct 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Queso State
ShaleAssessment™
$231,893 *
MarketMultiple™
$884,944 **
* 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 Queso State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bedlington Federal Com | Lea County, NM | 45,162 BBLs | 128,063 MCF | Oct 2025 |
| Cox 35 Federal | Lea County, NM | 2,770 BBLs | 13,430 MCF | Oct 2025 |
| Danger Noodle 29 20 Federal Com | Lea County, NM | 35,087 BBLs | 295,616 MCF | Oct 2025 |
| Dos Equis 12 | Lea County, NM | 237,267 BBLs | 541,497 MCF | Oct 2025 |
| Estancia Sed State | Lea County, NM | 13,106 BBLs | 21,460 MCF | Oct 2025 |
| Fields | Lea County, NM | 0 BBLs | 0 MCF | Dec 2001 |
| Foxglove | Lea County, NM | 3,944 BBLs | 6,730 MCF | Oct 2025 |
| Hemlock 32 State | Lea County, NM | 7,194 BBLs | 101,997 MCF | Oct 2025 |
| Hemlock BSH State | Lea County, NM | 2,894 BBLs | 3,428 MCF | Oct 2025 |
| McCloy Ranch 2 24 32 State Com | Lea County, NM | 1,282 BBLs | 4,449 MCF | Oct 2025 |
| Mis Amigos State | Lea County, NM | 8,115 BBLs | 25,371 MCF | Oct 2025 |
| Parsley Ara Federal | Lea County, NM | 0 BBLs | 0 MCF | May 2022 |
| Payne Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2002 |
| Queso Federal Com | Lea County, NM | 27,657 BBLs | 77,380 MCF | Oct 2025 |
| Tres Equis | Lea County, NM | 131,602 BBLs | 289,387 MCF | Oct 2025 |
| Triste Draw | Lea County, NM | 14,336 BBLs | 62,922 MCF | Oct 2025 |
| Triste Draw 25 Federal Com 0 | Lea County, NM | 2,935 BBLs | 79,066 MCF | Oct 2025 |
| Triste Draw 36 25 Federal Com | Lea County, NM | 72,451 BBLs | 174,822 MCF | Oct 2025 |
| Wild Salsa Federal Com | Lea County, NM | 48,519 BBLs | 268,579 MCF | Oct 2025 |
| Yarrow 32 State | Lea County, NM | 7,837 BBLs | 132,706 MCF | Oct 2025 |
These are the closest 20 companies operating near the Queso State property.