Oil Property in Lea County, NM
Key data points for Rainbow State
| County | Lea County, NM |
|---|---|
| Operator | G AND C OPERATING, LLC |
| Production Dates | Sep 2005 - Jan 2024 |
| Total Oil Production | 141,349 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 104 BBLs in Jan 2024 |
| Recent Gas Production | 0 MCF in Jan 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Rainbow State
ShaleAssessment™
$15,275 *
MarketMultiple™
$17,605 **
* 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 Rainbow State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Amoco Federal | Eddy County, NM | 5 BBLs | 0 MCF | Jan 2024 |
| Anderson Ranch | Lea County, NM | 447 BBLs | 0 MCF | Feb 2024 |
| Brinson State | Eddy County, NM | 27 BBLs | 0 MCF | Jan 2024 |
| Bunker Hill Water Flood Unit | Eddy County, NM | 96 BBLs | 0 MCF | Jan 2024 |
| Catfish State | Eddy County, NM | 33 BBLs | 0 MCF | Jan 2024 |
| Green Star | Lea County, NM | 1 BBLs | 0 MCF | Feb 2024 |
| Herring Fee | Lea County, NM | 38 BBLs | 0 MCF | Jan 2024 |
| Lea CR State NCT-A | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Marlin State | Eddy County, NM | 332 BBLs | 15 MCF | Jan 2024 |
| Matador 19 State | Lea County, NM | 113 BBLs | 0 MCF | Jan 2024 |
| Mesa Queen | Lea County, NM | 0 BBLs | 0 MCF | Aug 2010 |
| Mobil State | Eddy County, NM | 0 BBLs | 0 MCF | Apr 2023 |
| Moray Federal | Eddy County, NM | 3 BBLs | 0 MCF | Jan 2024 |
| Rancho Verde 10 State | Lea County, NM | 17 BBLs | 0 MCF | Feb 2024 |
| Rattletrap | Lea County, NM | 47 BBLs | 0 MCF | Feb 2024 |
| Robinson Unit | Eddy County, NM | 0 BBLs | 0 MCF | Dec 1995 |
| Schooner B State | Lea County, NM | 117 BBLs | 0 MCF | Feb 2024 |
| Texmack | Lea County, NM | 85 BBLs | 225 MCF | Feb 2024 |
| Tipton Unit | Lea County, NM | 82 BBLs | 0 MCF | Jan 2024 |
| Trout State | Lea County, NM | 146 BBLs | 0 MCF | Jan 2024 |
These are the closest 20 companies operating near the Rainbow State property.