Oil & Gas Property in Lea County, NM
Key data points for Ragin Cajun 1
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Sep 2014 - Jan 2024 |
| Total Oil Production | 1,044,272 BBLs |
| Total Gas Production | 2,142,290 MCF |
| Recent Oil Production | 865 BBLs in Jan 2024 |
| Recent Gas Production | 1,479 MCF in Jan 2024 |
| Wells on Property | 16 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$185,746 *
MarketMultiple™
$347,589 **
* 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 | 1,361 BBLs | 4,505 MCF | Jan 2024 |
| Billiken 6 18 Federal Com | Lea County, NM | 19,273 BBLs | 28,524 MCF | Jan 2024 |
| Blondie 15 3 Federal Com | Lea County, NM | 73,430 BBLs | 119,785 MCF | Jan 2024 |
| Cave Lion 5 | Lea County, NM | 12,998 BBLs | 17,752 MCF | Feb 2024 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 2,041 BBLs | 3,894 MCF | Feb 2024 |
| Charlie Murphy 6 | Lea County, NM | 9,571 BBLs | 8,104 MCF | Feb 2024 |
| Colossus 18 19 | Lea County, NM | 23,879 BBLs | 38,109 MCF | Feb 2024 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 32,754 BBLs | 85,247 MCF | Jan 2024 |
| Mammoth 1 TB Federal Com | Lea County, NM | 7,466 BBLs | 14,043 MCF | Feb 2024 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 6,727 BBLs | 5,629 MCF | Feb 2024 |
| Muskie 23 11 Federal Com | Lea County, NM | 126,874 BBLs | 405,008 MCF | Jan 2024 |
| Opal 36 State | Lea County, NM | 925 BBLs | 4,466 MCF | Jan 2024 |
| Railsplitter 15 22 Federal Com | Lea County, NM | 85,591 BBLs | 388,466 MCF | Jan 2024 |
| Rattlesnake | Lea County, NM | 195 BBLs | 627 MCF | Jan 2024 |
| Renegade BPG Federal | Lea County, NM | 298 BBLs | 907 MCF | Jan 2024 |
| Ruby 2 State Com | Lea County, NM | 20,959 BBLs | 27,884 MCF | Jan 2024 |
| Square Bill Federal Com | Lea County, NM | 18,939 BBLs | 29,045 MCF | Feb 2024 |
| Thunderbird 1 | Lea County, NM | 30,925 BBLs | 44,791 MCF | Feb 2024 |
| Topaz 11 Federal | Lea County, NM | 3,174 BBLs | 5,345 MCF | Jan 2024 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.