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 - Feb 2026 |
| Total Oil Production | 4,588,411 BBLs |
| Total Gas Production | 11,416,528 MCF |
| Recent Oil Production | 66,582 BBLs in Feb 2026 |
| Recent Gas Production | 279,708 MCF in Feb 2026 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$134,450 *
MarketMultiple™
$13,100,422 **
* 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 | Dec 2025 |
| Billiken 6 18 Federal Com | Lea County, NM | 39,294 BBLs | 105,674 MCF | Feb 2026 |
| Blondie 15 3 Federal Com | Lea County, NM | 32,865 BBLs | 61,638 MCF | Feb 2026 |
| Cave Lion 5 | Lea County, NM | 11,717 BBLs | 15,343 MCF | Feb 2026 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,111 BBLs | 1,040 MCF | Feb 2026 |
| Charlie Murphy 6 | Lea County, NM | 7,006 BBLs | 7,679 MCF | Feb 2026 |
| Colossus 18 19 | Lea County, NM | 11,456 BBLs | 18,160 MCF | Feb 2026 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 25,131 BBLs | 59,830 MCF | Feb 2026 |
| Mammoth 1 TB Federal Com | Lea County, NM | 8,789 BBLs | 15,704 MCF | Feb 2026 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 3,064 BBLs | 2,458 MCF | Feb 2026 |
| Muskie 23 11 Federal Com | Lea County, NM | 86,863 BBLs | 357,835 MCF | Feb 2026 |
| North Blondie 3 15 Federal Com | Lea County, NM | 23,630 BBLs | 112,473 MCF | Feb 2026 |
| Onyx 35 Federal Com | Lea County, NM | 44,446 BBLs | 75,179 MCF | Feb 2026 |
| Opal 36 State | Lea County, NM | 633 BBLs | 2,917 MCF | Feb 2026 |
| Rattlesnake | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Ruby 2 State Com | Lea County, NM | 15,688 BBLs | 34,176 MCF | Feb 2026 |
| Square Bill Federal Com | Lea County, NM | 13,718 BBLs | 19,311 MCF | Feb 2026 |
| Thunderbird 1 | Lea County, NM | 12,213 BBLs | 2,680 MCF | Feb 2026 |
| Topaz 11 Federal | Lea County, NM | 1,589 BBLs | 3,472 MCF | Feb 2026 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.