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 | 11,124,263 MCF |
| Recent Oil Production | 3,501 BBLs in Sep 2025 |
| Recent Gas Production | 57,930 MCF in Sep 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 | 43,610 BBLs | 119,138 MCF | Oct 2025 |
| Cox 35 Federal | Lea County, NM | 3,026 BBLs | 13,598 MCF | Sep 2025 |
| Danger Noodle 29 20 Federal Com | Lea County, NM | 38,825 BBLs | 337,936 MCF | Sep 2025 |
| Dos Equis 12 | Lea County, NM | 92,763 BBLs | 392,389 MCF | Sep 2025 |
| Estancia Sed State | Lea County, NM | 12,951 BBLs | 26,126 MCF | Sep 2025 |
| Fields | Lea County, NM | 0 BBLs | 0 MCF | Dec 2001 |
| Foxglove | Lea County, NM | 4,138 BBLs | 7,309 MCF | Sep 2025 |
| Hemlock 32 State | Lea County, NM | 7,443 BBLs | 106,592 MCF | Oct 2025 |
| Hemlock BSH State | Lea County, NM | 2,125 BBLs | 2,215 MCF | Oct 2025 |
| McCloy Ranch 2 24 32 State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Mis Amigos State | Lea County, NM | 4,379 BBLs | 8,128 MCF | Sep 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 | 26,151 BBLs | 76,220 MCF | Oct 2025 |
| Tres Equis | Lea County, NM | 147,212 BBLs | 330,845 MCF | Sep 2025 |
| Triste Draw | Lea County, NM | 14,253 BBLs | 73,013 MCF | Sep 2025 |
| Triste Draw 25 Federal Com 0 | Lea County, NM | 2,953 BBLs | 85,468 MCF | Sep 2025 |
| Triste Draw 36 25 Federal Com | Lea County, NM | 76,677 BBLs | 190,297 MCF | Sep 2025 |
| Wild Salsa Federal Com | Lea County, NM | 53,110 BBLs | 324,338 MCF | Sep 2025 |
| Yarrow 32 State | Lea County, NM | 5,424 BBLs | 42,818 MCF | Oct 2025 |
These are the closest 20 companies operating near the Queso State property.