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 - Aug 2025 |
| Total Oil Production | 1,727,497 BBLs |
| Total Gas Production | 11,050,129 MCF |
| Recent Oil Production | 3,501 BBLs in Aug 2025 |
| Recent Gas Production | 46,570 MCF in Aug 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Queso State
ShaleAssessment™
$240,610 *
MarketMultiple™
$908,790 **
* 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 | 18,712 BBLs | 52,285 MCF | Aug 2025 |
| Cox 35 Federal | Lea County, NM | 2,868 BBLs | 14,620 MCF | Aug 2025 |
| Danger Noodle 29 20 Federal Com | Lea County, NM | 38,842 BBLs | 334,053 MCF | Aug 2025 |
| Dos Equis 12 | Lea County, NM | 164,772 BBLs | 657,983 MCF | Aug 2025 |
| Estancia Sed State | Lea County, NM | 14,166 BBLs | 31,525 MCF | Aug 2025 |
| Fields | Lea County, NM | 0 BBLs | 0 MCF | Dec 2001 |
| Foxglove | Lea County, NM | 3,801 BBLs | 6,439 MCF | Aug 2025 |
| Hemlock 32 State | Lea County, NM | 10,397 BBLs | 129,697 MCF | Aug 2025 |
| Hemlock BSH State | Lea County, NM | 1,578 BBLs | 1,607 MCF | Aug 2025 |
| McCloy Ranch 2 24 32 State Com | Lea County, NM | 621 BBLs | 2,542 MCF | Aug 2025 |
| Mis Amigos State | Lea County, NM | 8,262 BBLs | 24,977 MCF | Aug 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 | 31,405 BBLs | 90,524 MCF | Aug 2025 |
| Tres Equis | Lea County, NM | 180,085 BBLs | 407,097 MCF | Aug 2025 |
| Triste Draw | Lea County, NM | 15,820 BBLs | 76,190 MCF | Aug 2025 |
| Triste Draw 25 Federal Com 0 | Lea County, NM | 3,922 BBLs | 97,153 MCF | Aug 2025 |
| Triste Draw 36 25 Federal Com | Lea County, NM | 85,103 BBLs | 210,367 MCF | Aug 2025 |
| Wild Salsa Federal Com | Lea County, NM | 53,078 BBLs | 297,875 MCF | Aug 2025 |
| Yarrow 32 State | Lea County, NM | 6,537 BBLs | 90,452 MCF | Aug 2025 |
These are the closest 20 companies operating near the Queso State property.