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 - Sep 2025 |
| Total Oil Production | 4,177,257 BBLs |
| Total Gas Production | 9,935,017 MCF |
| Recent Oil Production | 104,862 BBLs in Sep 2025 |
| Recent Gas Production | 328,692 MCF in Sep 2025 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$143,744 *
MarketMultiple™
$16,443,015 **
* 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 | 64,620 BBLs | 202,151 MCF | Sep 2025 |
| Blondie 15 3 Federal Com | Lea County, NM | 48,914 BBLs | 102,973 MCF | Sep 2025 |
| Cave Lion 5 | Lea County, NM | 11,081 BBLs | 17,011 MCF | Oct 2025 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,255 BBLs | 1,874 MCF | Oct 2025 |
| Charlie Murphy 6 | Lea County, NM | 7,951 BBLs | 9,586 MCF | Oct 2025 |
| Colossus 18 19 | Lea County, NM | 12,274 BBLs | 19,978 MCF | Oct 2025 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 28,875 BBLs | 67,560 MCF | Sep 2025 |
| Mammoth 1 TB Federal Com | Lea County, NM | 13,280 BBLs | 23,345 MCF | Oct 2025 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 3,975 BBLs | 3,755 MCF | Oct 2025 |
| Muskie 23 11 Federal Com | Lea County, NM | 97,832 BBLs | 392,018 MCF | Sep 2025 |
| North Blondie 3 15 Federal Com | Lea County, NM | 40,653 BBLs | 149,666 MCF | Sep 2025 |
| Onyx 35 Federal Com | Lea County, NM | 61,980 BBLs | 95,976 MCF | Oct 2025 |
| Opal 36 State | Lea County, NM | 604 BBLs | 3,289 MCF | Oct 2025 |
| Rattlesnake | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Ruby 2 State Com | Lea County, NM | 17,359 BBLs | 36,186 MCF | Oct 2025 |
| Square Bill Federal Com | Lea County, NM | 14,802 BBLs | 27,801 MCF | Oct 2025 |
| Thunderbird 1 | Lea County, NM | 13,661 BBLs | 20,016 MCF | Oct 2025 |
| Topaz 11 Federal | Lea County, NM | 1,574 BBLs | 1,798 MCF | Oct 2025 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.