Oil & Gas Property in Lea County, NM
Key data points for Ram 3 B2MD State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jun 2023 - Feb 2026 |
| Total Oil Production | 398,662 BBLs |
| Total Gas Production | 1,240,265 MCF |
| Recent Oil Production | 3,983 BBLs in Feb 2026 |
| Recent Gas Production | 22,795 MCF in Feb 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Ram 3 B2MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$573,512 **
* 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 Ram 3 B2MD State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Sheep 4 33 B | Lea County, NM | 22,118 BBLs | 67,216 MCF | Feb 2026 |
| Black Sheep 4 B2 | Lea County, NM | 5,719 BBLs | 22,889 MCF | Feb 2026 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Cabra Loca 11 B | Lea County, NM | 1,174 BBLs | 3,091 MCF | Feb 2026 |
| Cabra Nino 11 B | Lea County, NM | 3,372 BBLs | 13,115 MCF | Feb 2026 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Grama Ridge | Lea County, NM | 2,526 BBLs | 6,029 MCF | Feb 2026 |
| Grama Ridge East 34 | Lea County, NM | 11,619 BBLs | 63,060 MCF | Feb 2026 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2NC State Com | Lea County, NM | 664 BBLs | 3,139 MCF | Feb 2026 |
| Ram 3 B2ob State Com | Lea County, NM | 2,507 BBLs | 10,699 MCF | Feb 2026 |
| Ram 3 B2pa State Com | Lea County, NM | 2,462 BBLs | 3,466 MCF | Feb 2026 |
| Ram 3 B3MD State Com | Lea County, NM | 1,788 BBLs | 4,392 MCF | Feb 2026 |
| Ram 3 B3NC State Com | Lea County, NM | 1,894 BBLs | 1,201 MCF | Feb 2026 |
| Ram 3 B3ob State Com | Lea County, NM | 2,000 BBLs | 2,317 MCF | Feb 2026 |
| Ram 3 B3pa State Com | Lea County, NM | 876 BBLs | 434 MCF | Feb 2026 |
| Red Stag 5 32 B | Lea County, NM | 22,137 BBLs | 47,321 MCF | Feb 2026 |
| Squeeze 2 State | Lea County, NM | 10,149 BBLs | 34,143 MCF | Feb 2026 |
| Vitalizer State | Lea County, NM | 2,396 BBLs | 8,052 MCF | Feb 2026 |
| Yeah Yeah Federal Com | Lea County, NM | 35,504 BBLs | 184,680 MCF | Feb 2026 |
These are the closest 20 companies operating near the Ram 3 B2MD State Com property.