Oil & Gas Property in Lea County, NM
Key data points for Red Bull 2
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Oct 2012 - Jan 2024 |
| Total Oil Production | 1,530,967 BBLs |
| Total Gas Production | 1,607,389 MCF |
| Recent Oil Production | 6,034 BBLs in Jan 2024 |
| Recent Gas Production | 6,816 MCF in Jan 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Red Bull 2
ShaleAssessment™
$4,022 *
MarketMultiple™
$2,208,783 **
* 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 |
| Beowulf 33 State Com | Lea County, NM | 4,190 BBLs | 13,486 MCF | Jan 2024 |
| Gladiator 3 | Lea County, NM | 1,564 BBLs | 3,319 MCF | Jan 2024 |
| Hunter 21 State | Lea County, NM | 3,351 BBLs | 3,910 MCF | Jan 2024 |
| Irvin Wall State Com | Lea County, NM | 3,767 BBLs | 7,497 MCF | Jan 2024 |
| Jeff Hart Federal Com | Lea County, NM | 47,735 BBLs | 107,048 MCF | Jan 2024 |
| Jeff Hart State Com | Lea County, NM | 14,378 BBLs | 18,714 MCF | Jan 2024 |
| Kestrel 1 12 Federal | Lea County, NM | 135,120 BBLs | 214,021 MCF | Jan 2024 |
| Landreth Federal Com | Lea County, NM | 595 BBLs | 364 MCF | Jan 2024 |
| Lepakast State Com | Lea County, NM | 253 BBLs | 35 MCF | Jan 2024 |
| Mad Dog 26 | Lea County, NM | 4,043 BBLs | 5,657 MCF | Jan 2024 |
| Maltese 5 8 Federal Com | Lea County, NM | 200,666 BBLs | 228,985 MCF | Jan 2024 |
| Mortarboard Federal Com | Lea County, NM | 3,041 BBLs | 3,890 MCF | Feb 2024 |
| Pegasus | Lea County, NM | 13,034 BBLs | 23,428 MCF | Jan 2024 |
| Red Bull | Lea County, NM | 520 BBLs | 883 MCF | Jan 2024 |
| Red Bull 30 31 Federal State Com | Lea County, NM | 14,101 BBLs | 13,615 MCF | Jan 2024 |
| Saker 6 7 Federal Com | Lea County, NM | 112,203 BBLs | 147,015 MCF | Jan 2024 |
| Sweetness 30 State Fed Com | Lea County, NM | 1,443 BBLs | 2,353 MCF | Jan 2024 |
| Toro 36 B3 | Lea County, NM | 5,812 BBLs | 8,072 MCF | Jan 2024 |
| Warrior BRW State Com | Lea County, NM | 434 BBLs | 476 MCF | Jan 2024 |
These are the closest 20 companies operating near the Red Bull 2 property.