Oil & Gas Property in Lea County, NM
Key data points for Ram 3 B3NC State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Aug 2022 - Sep 2025 |
| Total Oil Production | 235,520 BBLs |
| Total Gas Production | 350,860 MCF |
| Recent Oil Production | 2,603 BBLs in Sep 2025 |
| Recent Gas Production | 6,536 MCF in Sep 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B3NC State Com
ShaleAssessment™
Not Available
MarketMultiple™
$372,377 **
* 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 B3NC State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Sheep 4 33 B | Lea County, NM | 26,421 BBLs | 93,637 MCF | Sep 2025 |
| Black Sheep 4 B2 | Lea County, NM | 6,056 BBLs | 33,531 MCF | Sep 2025 |
| Cabra Loca 11 B | Lea County, NM | 1,416 BBLs | 3,383 MCF | Sep 2025 |
| Cabra Nino 11 B | Lea County, NM | 3,488 BBLs | 11,281 MCF | Sep 2025 |
| Chorizo 12 State Com 601H | Lea County, NM | 2,234 BBLs | 8,629 MCF | Sep 2025 |
| Getty 1 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Grama Ridge | Lea County, NM | 34 BBLs | 8 MCF | Oct 2025 |
| Grama Ridge East 34 | Lea County, NM | 13,938 BBLs | 68,166 MCF | Sep 2025 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 4,904 BBLs | 28,569 MCF | Sep 2025 |
| Ram 3 B2NC State Com | Lea County, NM | 2,024 BBLs | 13,887 MCF | Sep 2025 |
| Ram 3 B2ob State Com | Lea County, NM | 3,016 BBLs | 8,375 MCF | Sep 2025 |
| Ram 3 B2pa State Com | Lea County, NM | 1,598 BBLs | 6,694 MCF | Sep 2025 |
| Ram 3 B3MD State Com | Lea County, NM | 3,161 BBLs | 7,168 MCF | Sep 2025 |
| Ram 3 B3ob State Com | Lea County, NM | 1,513 BBLs | 2,205 MCF | Sep 2025 |
| Ram 3 B3pa State Com | Lea County, NM | 851 BBLs | 853 MCF | Sep 2025 |
| Red Stag 5 32 B | Lea County, NM | 24,827 BBLs | 72,698 MCF | Sep 2025 |
| Squeeze 2 State | Lea County, NM | 12,729 BBLs | 41,604 MCF | Sep 2025 |
| Yeah Yeah Federal Com | Lea County, NM | 40,014 BBLs | 185,555 MCF | Oct 2025 |
These are the closest 20 companies operating near the Ram 3 B3NC State Com property.