Rambo E2 08 17 State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Rambo E2 08 17 State Com

CountyLea County, NM
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesJun 2022 - Jan 2024
Total Oil Production323,049 BBLs
Total Gas Production199,172 MCF
Recent Oil Production6,622 BBLs in Jan 2024
Recent Gas Production3,814 MCF in Jan 2024
Wells on Property2

Our Valuation Estimates for Rambo E2 08 17 State Com

ShaleAssessment

Not Available

MarketMultiple

$1,427,806 **

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

Based on a decimal interest

Rambo E2 08 17 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 Rambo E2 08 17 State Com
from Jun 2022 to Jan 2024

Wells on Rambo E2 08 17 State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-49535RAMBO E2 08 17 STATE COM 001HFranklin Mountain Energy 3, LLCNewLea County, NM32.683272-103.474985
30-025-49536RAMBO E2 08 17 STATE COM 002HFranklin Mountain Energy 3, LLCNewLea County, NM32.683272-103.474920

Leases included in Rambo E2 08 17 State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
333698RAMBO E2 08 17 STATE COMFranklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Rambo E2 08 17 State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM1,585 BBLs1,064 MCFJan 2024
AirstripLea County, NM390 BBLs233 MCFJan 2024
Airstrip 31Lea County, NM9,929 BBLs7,337 MCFJan 2024
Airstrip 6 State Com 00Lea County, NM1,402 BBLs676 MCFJan 2024
Cable 19 35Lea County, NM3,592 BBLs2,129 MCFJan 2024
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
ElkanLea County, NM0 BBLs0 MCFMar 1996
Foxtail E2 05 32 W1 State ComLea County, NM10,020 BBLs9,895 MCFJan 2024
Hibiscus 08 19 35 RN State ComLea County, NM929 BBLs884 MCFJan 2024
Ironhouse 3Lea County, NM318 BBLs545 MCFJan 2024
Jackson 5Lea County, NM0 BBLs0 MCFOct 2018
New Mexico DD StateLea County, NM97 BBLs0 MCFJan 2024
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Pearl StateLea County, NM0 BBLs0 MCFSep 2012
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
ScharbLea County, NM0 BBLs0 MCFJun 2021
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
Sprinkle FederalLea County, NM0 BBLs0 MCFMar 2007
Tomcat FeeLea County, NM460 BBLs93 MCFJan 2024
Vacuum StateLea County, NM0 BBLs0 MCFApr 2007