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 - May 2025 |
| Total Oil Production | 3,741,731 BBLs |
| Total Gas Production | 8,577,106 MCF |
| Recent Oil Production | 130,933 BBLs in May 2025 |
| Recent Gas Production | 408,814 MCF in May 2025 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$151,555 *
MarketMultiple™
$27,769,775 **
* 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 | Apr 2025 |
| Billiken 6 18 Federal Com | Lea County, NM | 71,817 BBLs | 194,460 MCF | May 2025 |
| Blondie 15 3 Federal Com | Lea County, NM | 51,014 BBLs | 95,905 MCF | May 2025 |
| Cave Lion 5 | Lea County, NM | 15,479 BBLs | 28,168 MCF | May 2025 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,152 BBLs | 1,041 MCF | May 2025 |
| Charlie Murphy 6 | Lea County, NM | 8,796 BBLs | 11,458 MCF | May 2025 |
| Colossus 18 19 | Lea County, NM | 14,030 BBLs | 21,224 MCF | May 2025 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 26,123 BBLs | 68,952 MCF | May 2025 |
| Mammoth 1 TB Federal Com | Lea County, NM | 12,646 BBLs | 21,898 MCF | May 2025 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 3,959 BBLs | 4,438 MCF | May 2025 |
| Muskie 23 11 Federal Com | Lea County, NM | 101,362 BBLs | 420,505 MCF | May 2025 |
| North Blondie 3 15 Federal Com | Lea County, NM | 27,250 BBLs | 133,848 MCF | May 2025 |
| Onyx 35 Federal Com | Lea County, NM | 71,916 BBLs | 112,208 MCF | May 2025 |
| Opal 36 State | Lea County, NM | 566 BBLs | 3,364 MCF | May 2025 |
| Rattlesnake | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Ruby 2 State Com | Lea County, NM | 19,520 BBLs | 55,510 MCF | May 2025 |
| Square Bill Federal Com | Lea County, NM | 22,162 BBLs | 37,594 MCF | May 2025 |
| Thunderbird 1 | Lea County, NM | 14,214 BBLs | 14,953 MCF | May 2025 |
| Topaz 11 Federal | Lea County, NM | 2,276 BBLs | 23,693 MCF | May 2025 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.