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 - Aug 2025 |
| Total Oil Production | 4,072,395 BBLs |
| Total Gas Production | 9,606,307 MCF |
| Recent Oil Production | 107,523 BBLs in Jul 2025 |
| Recent Gas Production | 319,014 MCF in Jul 2025 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$145,740 *
MarketMultiple™
$19,437,314 **
* 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 | 77,002 BBLs | 216,355 MCF | Aug 2025 |
| Blondie 15 3 Federal Com | Lea County, NM | 46,029 BBLs | 84,400 MCF | Aug 2025 |
| Cave Lion 5 | Lea County, NM | 11,723 BBLs | 15,974 MCF | Aug 2025 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,224 BBLs | 1,770 MCF | Aug 2025 |
| Charlie Murphy 6 | Lea County, NM | 7,857 BBLs | 10,373 MCF | Aug 2025 |
| Colossus 18 19 | Lea County, NM | 12,669 BBLs | 18,894 MCF | Aug 2025 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 28,126 BBLs | 66,106 MCF | Jul 2025 |
| Mammoth 1 TB Federal Com | Lea County, NM | 7,229 BBLs | 12,949 MCF | Aug 2025 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 3,818 BBLs | 3,252 MCF | Aug 2025 |
| Muskie 23 11 Federal Com | Lea County, NM | 102,940 BBLs | 401,830 MCF | Aug 2025 |
| North Blondie 3 15 Federal Com | Lea County, NM | 42,395 BBLs | 152,629 MCF | Aug 2025 |
| Onyx 35 Federal Com | Lea County, NM | 68,947 BBLs | 107,170 MCF | Jul 2025 |
| Opal 36 State | Lea County, NM | 552 BBLs | 3,194 MCF | Jul 2025 |
| Rattlesnake | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Ruby 2 State Com | Lea County, NM | 19,017 BBLs | 56,459 MCF | Jul 2025 |
| Square Bill Federal Com | Lea County, NM | 18,564 BBLs | 32,135 MCF | Aug 2025 |
| Thunderbird 1 | Lea County, NM | 17,091 BBLs | 23,025 MCF | Aug 2025 |
| Topaz 11 Federal | Lea County, NM | 2,144 BBLs | 4,568 MCF | Jul 2025 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.