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 - Feb 2025 |
| Total Oil Production | 3,326,607 BBLs |
| Total Gas Production | 7,354,237 MCF |
| Recent Oil Production | 132,498 BBLs in Feb 2025 |
| Recent Gas Production | 319,957 MCF in Feb 2025 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$157,129 *
MarketMultiple™
$25,389,509 **
* 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 | 25 BBLs | 4 MCF | Feb 2025 |
| Billiken 6 18 Federal Com | Lea County, NM | 128,490 BBLs | 314,891 MCF | Feb 2025 |
| Blondie 15 3 Federal Com | Lea County, NM | 46,654 BBLs | 83,208 MCF | Feb 2025 |
| Cave Lion 5 | Lea County, NM | 11,410 BBLs | 21,604 MCF | Feb 2025 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,254 BBLs | 1,852 MCF | Feb 2025 |
| Charlie Murphy 6 | Lea County, NM | 6,367 BBLs | 8,007 MCF | Feb 2025 |
| Colossus 18 19 | Lea County, NM | 13,631 BBLs | 22,393 MCF | Feb 2025 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 24,508 BBLs | 64,439 MCF | Feb 2025 |
| Mammoth 1 TB Federal Com | Lea County, NM | 12,429 BBLs | 21,316 MCF | Feb 2025 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 3,496 BBLs | 3,708 MCF | Feb 2025 |
| Muskie 23 11 Federal Com | Lea County, NM | 91,425 BBLs | 290,019 MCF | Feb 2025 |
| North Blondie 3 15 Federal Com | Lea County, NM | 45,023 BBLs | 203,983 MCF | Feb 2025 |
| Onyx 35 Federal Com | Lea County, NM | 74,019 BBLs | 112,552 MCF | Feb 2025 |
| Opal 36 State | Lea County, NM | 615 BBLs | 3,590 MCF | Feb 2025 |
| Rattlesnake | Lea County, NM | 6 BBLs | 0 MCF | Feb 2025 |
| Ruby 2 State Com | Lea County, NM | 16,174 BBLs | 36,605 MCF | Feb 2025 |
| Square Bill Federal Com | Lea County, NM | 13,358 BBLs | 16,933 MCF | Feb 2025 |
| Thunderbird 1 | Lea County, NM | 18,156 BBLs | 25,732 MCF | Feb 2025 |
| Topaz 11 Federal | Lea County, NM | 2,096 BBLs | 5,006 MCF | Feb 2025 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.