Oil & Gas Property in Lea County, NM
Key data points for Red Bull 2
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY, L.P. |
| Production Dates | Oct 2012 - Oct 2025 |
| Total Oil Production | 1,763,660 BBLs |
| Total Gas Production | 1,897,795 MCF |
| Recent Oil Production | 2,632 BBLs in Aug 2025 |
| Recent Gas Production | 3,687 MCF in Aug 2025 |
| Wells on Property | 18 |
Our Valuation Estimates for Red Bull 2
ShaleAssessment™
$2,923 *
MarketMultiple™
$1,137,972 **
* 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 Red Bull 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antelope 5 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2022 |
| Burke State Com | Lea County, NM | 36,442 BBLs | 160,121 MCF | Oct 2025 |
| Gladiator 3 | Lea County, NM | 1,227 BBLs | 3,673 MCF | Aug 2025 |
| Hunter 21 State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Irvin Wall State Com | Lea County, NM | 7,076 BBLs | 31,506 MCF | Oct 2025 |
| Jeff Hart Federal Com | Lea County, NM | 38,220 BBLs | 193,222 MCF | Oct 2025 |
| Jeff Hart State Com | Lea County, NM | 12,436 BBLs | 30,737 MCF | Oct 2025 |
| Kestrel 1 12 Federal | Lea County, NM | 13,180 BBLs | 25,982 MCF | Sep 2025 |
| Landreth Federal Com | Lea County, NM | 909 BBLs | 1,127 MCF | Oct 2025 |
| Lepakast State Com | Lea County, NM | 549 BBLs | 823 MCF | Oct 2025 |
| Mad Dog 35 B | Lea County, NM | 3,025 BBLs | 9,523 MCF | Sep 2025 |
| Maltese 5 8 Federal Com | Lea County, NM | 35,226 BBLs | 64,192 MCF | Sep 2025 |
| Mortarboard Federal Com | Lea County, NM | 4,661 BBLs | 7,722 MCF | Oct 2025 |
| Pegasus | Lea County, NM | 58,089 BBLs | 21,667 MCF | Sep 2025 |
| Red Bull | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| Red Bull 30 31 Federal State Com | Lea County, NM | 15,028 BBLs | 19,173 MCF | Oct 2025 |
| Saker 6 7 Federal | Lea County, NM | 102,245 BBLs | 278,608 MCF | Sep 2025 |
| Shearn State Com | Lea County, NM | 559 BBLs | 713 MCF | Oct 2025 |
| Sweetness 30 State Fed Com | Lea County, NM | 1,382 BBLs | 3,604 MCF | Oct 2025 |
| Toro 36 B3 | Lea County, NM | 10,625 BBLs | 34,854 MCF | Sep 2025 |
These are the closest 20 companies operating near the Red Bull 2 property.