Oil & Gas Property in Lea County, NM
Key data points for Ragin Cajun 1
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY, L.P. |
| Production Dates | Sep 2014 - Nov 2025 |
| Total Oil Production | 4,365,882 BBLs |
| Total Gas Production | 10,559,682 MCF |
| Recent Oil Production | 87,688 BBLs in Nov 2025 |
| Recent Gas Production | 324,775 MCF in Nov 2025 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$139,638 *
MarketMultiple™
$15,982,556 **
* 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 Ragin Cajun 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Billiken | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Billiken 6 18 Federal Com | Lea County, NM | 51,716 BBLs | 178,934 MCF | Nov 2025 |
| Blondie 15 3 Federal Com | Lea County, NM | 50,870 BBLs | 93,667 MCF | Nov 2025 |
| Cave Lion 5 | Lea County, NM | 11,263 BBLs | 18,472 MCF | Nov 2025 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,360 BBLs | 1,731 MCF | Nov 2025 |
| Charlie Murphy 6 | Lea County, NM | 8,144 BBLs | 9,650 MCF | Nov 2025 |
| Colossus 18 19 | Lea County, NM | 11,623 BBLs | 18,336 MCF | Nov 2025 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 30,009 BBLs | 69,168 MCF | Nov 2025 |
| Mammoth 1 TB Federal Com | Lea County, NM | 12,866 BBLs | 21,092 MCF | Nov 2025 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 2,935 BBLs | 4,088 MCF | Nov 2025 |
| Muskie 23 11 Federal Com | Lea County, NM | 87,971 BBLs | 351,072 MCF | Nov 2025 |
| North Blondie 3 15 Federal Com | Lea County, NM | 28,083 BBLs | 125,550 MCF | Nov 2025 |
| Onyx 35 Federal Com | Lea County, NM | 57,030 BBLs | 88,155 MCF | Nov 2025 |
| Opal 36 State | Lea County, NM | 461 BBLs | 3,126 MCF | Nov 2025 |
| Rattlesnake | Lea County, NM | 196 BBLs | 0 MCF | Nov 2025 |
| Ruby 2 State Com | Lea County, NM | 16,872 BBLs | 33,093 MCF | Nov 2025 |
| Square Bill Federal Com | Lea County, NM | 14,771 BBLs | 22,815 MCF | Nov 2025 |
| Thunderbird 1 | Lea County, NM | 15,193 BBLs | 21,023 MCF | Nov 2025 |
| Topaz 11 Federal | Lea County, NM | 1,596 BBLs | 3,422 MCF | Nov 2025 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.