Oil & Gas Property in Lea County, NM
Key data points for Ram 3 B3MD State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jun 2023 - May 2026 |
| Total Oil Production | 213,313 BBLs |
| Total Gas Production | 385,911 MCF |
| Recent Oil Production | 2,107 BBLs in May 2026 |
| Recent Gas Production | 5,031 MCF in May 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B3MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$274,442 **
* 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 B3MD State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Sheep 4 33 B | Lea County, NM | 21,243 BBLs | 79,735 MCF | May 2026 |
| Black Sheep 4 B2 | Lea County, NM | 5,088 BBLs | 23,799 MCF | May 2026 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Cabra Loca 11 B | Lea County, NM | 1,184 BBLs | 3,550 MCF | May 2026 |
| Cabra Nino 11 B | Lea County, NM | 3,662 BBLs | 15,670 MCF | May 2026 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Grama Ridge | Lea County, NM | 2,306 BBLs | 5,729 MCF | May 2026 |
| Grama Ridge East 34 | Lea County, NM | 12,017 BBLs | 86,292 MCF | May 2026 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 3,245 BBLs | 18,414 MCF | May 2026 |
| Ram 3 B2NC State Com | Lea County, NM | 1,743 BBLs | 8,963 MCF | May 2026 |
| Ram 3 B2ob State Com | Lea County, NM | 2,531 BBLs | 6,838 MCF | May 2026 |
| Ram 3 B2pa State Com | Lea County, NM | 1,290 BBLs | 5,014 MCF | May 2026 |
| Ram 3 B3NC State Com | Lea County, NM | 2,155 BBLs | 4,494 MCF | May 2026 |
| Ram 3 B3ob State Com | Lea County, NM | 1,444 BBLs | 2,550 MCF | May 2026 |
| Ram 3 B3pa State Com | Lea County, NM | 653 BBLs | 430 MCF | May 2026 |
| Red Stag 5 32 B | Lea County, NM | 22,299 BBLs | 54,049 MCF | May 2026 |
| Squeeze 2 State | Lea County, NM | 9,642 BBLs | 37,050 MCF | May 2026 |
| Vitalizer State | Lea County, NM | 1,812 BBLs | 5,745 MCF | May 2026 |
| Yeah Yeah Federal Com | Lea County, NM | 29,055 BBLs | 201,980 MCF | May 2026 |
These are the closest 20 companies operating near the Ram 3 B3MD State Com property.