Oil & Gas Property in Lea County, NM
Key data points for Ram 3 B2NC State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Aug 2022 - Jan 2024 |
| Total Oil Production | 163,980 BBLs |
| Total Gas Production | 278,904 MCF |
| Recent Oil Production | 5,275 BBLs in Jan 2024 |
| Recent Gas Production | 15,401 MCF in Jan 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B2NC State Com
ShaleAssessment™
Not Available
MarketMultiple™
$686,078 **
* 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 B2NC State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Sheep 4 33 B | Lea County, NM | 36,258 BBLs | 92,605 MCF | Jan 2024 |
| Black Sheep 4 B2 | Lea County, NM | 6,942 BBLs | 17,986 MCF | Jan 2024 |
| Cabra Loca 11 B | Lea County, NM | 1,801 BBLs | 4,504 MCF | Jan 2024 |
| Cabra Nino 11 B | Lea County, NM | 2,392 BBLs | 5,511 MCF | Jan 2024 |
| Chorizo 12 State Com 601H | Lea County, NM | 3,196 BBLs | 9,054 MCF | Feb 2024 |
| Getty 1 State | Lea County, NM | 1 BBLs | 67 MCF | Jan 2024 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Jul 2022 |
| Grama Ridge | Lea County, NM | 3,416 BBLs | 8,184 MCF | Feb 2024 |
| Grama Ridge East 34 | Lea County, NM | 17,762 BBLs | 50,750 MCF | Jan 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 14,102 BBLs | 46,099 MCF | Jan 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 5,413 BBLs | 14,064 MCF | Jan 2024 |
| Ram 3 B2pa State Com | Lea County, NM | 2,049 BBLs | 4,149 MCF | Jan 2024 |
| Ram 3 B3MD State Com | Lea County, NM | 8,242 BBLs | 14,048 MCF | Jan 2024 |
| Ram 3 B3NC State Com | Lea County, NM | 5,757 BBLs | 12,059 MCF | Jan 2024 |
| Ram 3 B3ob State Com | Lea County, NM | 3,323 BBLs | 10,101 MCF | Jan 2024 |
| Ram 3 B3pa State Com | Lea County, NM | 1,535 BBLs | 1,369 MCF | Jan 2024 |
| Red Stag 5 32 B | Lea County, NM | 65,983 BBLs | 111,577 MCF | Jan 2024 |
| Squeeze 2 State | Lea County, NM | 30,283 BBLs | 75,623 MCF | Jan 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 229,297 BBLs | 369,466 MCF | Feb 2024 |
These are the closest 20 companies operating near the Ram 3 B2NC State Com property.