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 - Jun 2024 |
| Total Oil Production | 137,348 BBLs |
| Total Gas Production | 223,520 MCF |
| Recent Oil Production | 4,035 BBLs in Jun 2024 |
| Recent Gas Production | 6,391 MCF in Jun 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B3MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$1,120,494 **
* 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 | 32,164 BBLs | 89,117 MCF | Jun 2024 |
| Black Sheep 4 B2 | Lea County, NM | 9,611 BBLs | 31,601 MCF | Jun 2024 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,602 MCF | Jun 2024 |
| Cabra Loca 11 B | Lea County, NM | 1,372 BBLs | 4,600 MCF | Jun 2024 |
| Cabra Nino 11 B | Lea County, NM | 3,661 BBLs | 8,371 MCF | Jun 2024 |
| Government A | Lea County, NM | 0 BBLs | 138 MCF | Jun 2024 |
| Grama Ridge | Lea County, NM | 3,016 BBLs | 8,586 MCF | Jun 2024 |
| Grama Ridge East 34 | Lea County, NM | 14,938 BBLs | 70,398 MCF | Jun 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 9,443 BBLs | 43,745 MCF | Jun 2024 |
| Ram 3 B2NC State Com | Lea County, NM | 2,833 BBLs | 7,483 MCF | Jun 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 5,521 BBLs | 19,069 MCF | Jun 2024 |
| Ram 3 B2pa State Com | Lea County, NM | 1,496 BBLs | 1,770 MCF | Jun 2024 |
| Ram 3 B3NC State Com | Lea County, NM | 3,934 BBLs | 7,299 MCF | Jun 2024 |
| Ram 3 B3ob State Com | Lea County, NM | 1,661 BBLs | 771 MCF | Jun 2024 |
| Ram 3 B3pa State Com | Lea County, NM | 1,159 BBLs | 1,303 MCF | Jun 2024 |
| Red Stag 5 32 B | Lea County, NM | 47,762 BBLs | 75,777 MCF | Jun 2024 |
| Squeeze 2 State | Lea County, NM | 18,584 BBLs | 57,217 MCF | Jun 2024 |
| Vitalizer State | Lea County, NM | 3,412 BBLs | 6,654 MCF | Jun 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 94,742 BBLs | 260,277 MCF | Jul 2024 |
These are the closest 20 companies operating near the Ram 3 B3MD State Com property.