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 - Feb 2024 |
| Total Oil Production | 116,748 BBLs |
| Total Gas Production | 190,430 MCF |
| Recent Oil Production | 6,840 BBLs in Feb 2024 |
| Recent Gas Production | 12,566 MCF in Feb 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B3MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$2,010,208 **
* 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 | 40,510 BBLs | 124,901 MCF | Feb 2024 |
| Black Sheep 4 B2 | Lea County, NM | 9,853 BBLs | 17,588 MCF | Feb 2024 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 2,819 MCF | Feb 2024 |
| Cabra Loca 11 B | Lea County, NM | 1,139 BBLs | 3,473 MCF | Feb 2024 |
| Cabra Nino 11 B | Lea County, NM | 3,390 BBLs | 7,465 MCF | Feb 2024 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Jul 2022 |
| Grama Ridge | Lea County, NM | 2,733 BBLs | 5,877 MCF | Feb 2024 |
| Grama Ridge East 34 | Lea County, NM | 20,466 BBLs | 61,424 MCF | Feb 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 13,653 BBLs | 48,041 MCF | Feb 2024 |
| Ram 3 B2NC State Com | Lea County, NM | 4,441 BBLs | 13,171 MCF | Feb 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 4,027 BBLs | 13,535 MCF | Feb 2024 |
| Ram 3 B2pa State Com | Lea County, NM | 559 BBLs | 954 MCF | Feb 2024 |
| Ram 3 B3NC State Com | Lea County, NM | 4,544 BBLs | 9,023 MCF | Feb 2024 |
| Ram 3 B3ob State Com | Lea County, NM | 3,449 BBLs | 7,160 MCF | Feb 2024 |
| Ram 3 B3pa State Com | Lea County, NM | 1,471 BBLs | 1,357 MCF | Feb 2024 |
| Red Stag 5 32 B | Lea County, NM | 60,825 BBLs | 102,291 MCF | Feb 2024 |
| Squeeze 2 State | Lea County, NM | 26,667 BBLs | 68,445 MCF | Feb 2024 |
| Vitalizer State | Lea County, NM | 2,270 BBLs | 2,458 MCF | Feb 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 198,298 BBLs | 357,584 MCF | Feb 2024 |
These are the closest 20 companies operating near the Ram 3 B3MD State Com property.