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 - Dec 2025 |
| Total Oil Production | 4,456,710 BBLs |
| Total Gas Production | 10,873,614 MCF |
| Recent Oil Production | 90,828 BBLs in Dec 2025 |
| Recent Gas Production | 313,916 MCF in Dec 2025 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$137,525 *
MarketMultiple™
$13,787,926 **
* 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 | 30 BBLs | 0 MCF | Dec 2025 |
| Billiken 6 18 Federal Com | Lea County, NM | 57,218 BBLs | 199,315 MCF | Dec 2025 |
| Blondie 15 3 Federal Com | Lea County, NM | 45,400 BBLs | 82,822 MCF | Dec 2025 |
| Cave Lion 5 | Lea County, NM | 12,921 BBLs | 21,498 MCF | Dec 2025 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,385 BBLs | 2,631 MCF | Dec 2025 |
| Charlie Murphy 6 | Lea County, NM | 7,990 BBLs | 9,216 MCF | Dec 2025 |
| Colossus 18 19 | Lea County, NM | 12,030 BBLs | 20,274 MCF | Dec 2025 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 30,918 BBLs | 71,492 MCF | Dec 2025 |
| Mammoth 1 TB Federal Com | Lea County, NM | 12,281 BBLs | 19,697 MCF | Dec 2025 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 2,578 BBLs | 3,311 MCF | Dec 2025 |
| Muskie 23 11 Federal Com | Lea County, NM | 98,736 BBLs | 372,835 MCF | Dec 2025 |
| North Blondie 3 15 Federal Com | Lea County, NM | 26,718 BBLs | 119,433 MCF | Dec 2025 |
| Onyx 35 Federal Com | Lea County, NM | 54,089 BBLs | 85,971 MCF | Dec 2025 |
| Opal 36 State | Lea County, NM | 538 BBLs | 2,241 MCF | Dec 2025 |
| Rattlesnake | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Ruby 2 State Com | Lea County, NM | 17,806 BBLs | 33,836 MCF | Dec 2025 |
| Square Bill Federal Com | Lea County, NM | 17,267 BBLs | 26,833 MCF | Dec 2025 |
| Thunderbird 1 | Lea County, NM | 16,604 BBLs | 21,260 MCF | Dec 2025 |
| Topaz 11 Federal | Lea County, NM | 1,603 BBLs | 3,470 MCF | Dec 2025 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.