Ram 3 B3ob State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Ram 3 B3ob State Com

CountyLea County, NM
OperatorMEWBOURNE OIL COMPANY
Production DatesAug 2022 - Feb 2024
Total Oil Production94,551 BBLs
Total Gas Production134,105 MCF
Recent Oil Production3,449 BBLs in Feb 2024
Recent Gas Production7,160 MCF in Feb 2024
Wells on Property1

Our Valuation Estimates for Ram 3 B3ob State Com

ShaleAssessment

Not Available

MarketMultiple

$443,216 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Ram 3 B3ob State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ram 3 B3ob State Com
from Aug 2022 to Feb 2024

Wells on Ram 3 B3ob State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-49697RAM 3 B3OB STATE COM 001HMEWBOURNE OIL CONewLea County, NM32.414042-103.456091

Leases included in Ram 3 B3ob State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320698RAM 3 B3OB STATE COMMEWBOURNE OIL COLea County, NM

Nearby Properties

These are the closest 20 properties to the Ram 3 B3ob State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black Sheep 4 33 BLea County, NM40,510 BBLs124,901 MCFFeb 2024
Black Sheep 4 B2Lea County, NM9,853 BBLs17,588 MCFFeb 2024
Cabra Loca 11 BLea County, NM1,139 BBLs3,473 MCFFeb 2024
Cabra Nino 11 BLea County, NM3,390 BBLs7,465 MCFFeb 2024
Chorizo 12 State Com 601HLea County, NM3,060 BBLs8,746 MCFFeb 2024
Getty 1 StateLea County, NM5 BBLs75 MCFFeb 2024
Government ALea County, NM0 BBLs0 MCFJul 2022
Grama RidgeLea County, NM2,733 BBLs5,877 MCFFeb 2024
Grama Ridge East 34Lea County, NM20,466 BBLs61,424 MCFFeb 2024
GRM UnitLea County, NM0 BBLs0 MCFNov 2000
Ram 3 B2MD State ComLea County, NM13,653 BBLs48,041 MCFFeb 2024
Ram 3 B2NC State ComLea County, NM4,441 BBLs13,171 MCFFeb 2024
Ram 3 B2ob State ComLea County, NM4,027 BBLs13,535 MCFFeb 2024
Ram 3 B2pa State ComLea County, NM559 BBLs954 MCFFeb 2024
Ram 3 B3MD State ComLea County, NM6,840 BBLs12,566 MCFFeb 2024
Ram 3 B3NC State ComLea County, NM4,544 BBLs9,023 MCFFeb 2024
Ram 3 B3pa State ComLea County, NM1,471 BBLs1,357 MCFFeb 2024
Red Stag 5 32 BLea County, NM60,825 BBLs102,291 MCFFeb 2024
Squeeze 2 StateLea County, NM26,667 BBLs68,445 MCFFeb 2024
Yeah Yeah Federal ComLea County, NM198,298 BBLs357,584 MCFFeb 2024