Oil & Gas Property in Lea County, NM
Key data points for Ramsey State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Nov 2025 |
| Total Oil Production | 17,314 BBLs |
| Total Gas Production | 129,410 MCF |
| Recent Oil Production | 46 BBLs in Nov 2025 |
| Recent Gas Production | 149 MCF in Nov 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Ramsey State
ShaleAssessment™
$438 *
MarketMultiple™
$7,763 **
* 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 Ramsey State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bertha | Lea County, NM | 270 BBLs | 691 MCF | Nov 2025 |
| C C Fristoe A Federal NCT | Lea County, NM | 168 BBLs | 1,438 MCF | Nov 2025 |
| C C Fristoe B Federal NCT | Lea County, NM | 1,433 BBLs | 13,672 MCF | Nov 2025 |
| Elliott 31 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| G L Erwin A Federal | Lea County, NM | 438 BBLs | 5,585 MCF | Nov 2025 |
| G L Erwin B Federal NCT | Lea County, NM | 709 BBLs | 3,562 MCF | Nov 2025 |
| George L Erwin | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Hale State | Lea County, NM | 40 BBLs | 3,498 MCF | Nov 2025 |
| Hodges B | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Humphrey Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Justis S | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| Langlie Mattix | Lea County, NM | 9 BBLs | 0 MCF | Nov 2025 |
| M E Hale | Lea County, NM | 57 BBLs | 678 MCF | Nov 2025 |
| New Mexico B | Lea County, NM | 127 BBLs | 242 MCF | Nov 2025 |
| Stuart Langlie Mattix Unit | Lea County, NM | 120 BBLs | 0 MCF | Nov 2025 |
| Trantula 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Vance 30 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| W A Ramsay NCT | Lea County, NM | 13 BBLs | 145 MCF | Nov 2025 |
| West Dollarhide | Lea County, NM | 11,595 BBLs | 17,000 MCF | Nov 2025 |
| Westates Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
These are the closest 20 companies operating near the Ramsey State property.