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 - Nov 2025 |
| Total Oil Production | 1,767,783 BBLs |
| Total Gas Production | 1,900,763 MCF |
| Recent Oil Production | 4,123 BBLs in Nov 2025 |
| Recent Gas Production | 2,961 MCF in Nov 2025 |
| Wells on Property | 18 |
Our Valuation Estimates for Red Bull 2
ShaleAssessment™
$2,872 *
MarketMultiple™
$1,067,999 **
* 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 | 24,419 BBLs | 108,411 MCF | Nov 2025 |
| Gladiator 3 | Lea County, NM | 18 BBLs | 74 MCF | Nov 2025 |
| Hunter 21 State | Lea County, NM | 0 BBLs | 75 MCF | Nov 2025 |
| Irvin Wall State Com | Lea County, NM | 7,827 BBLs | 17,475 MCF | Nov 2025 |
| Jeff Hart Federal Com | Lea County, NM | 33,242 BBLs | 202,862 MCF | Nov 2025 |
| Jeff Hart State Com | Lea County, NM | 10,798 BBLs | 30,473 MCF | Nov 2025 |
| Kestrel 1 12 Federal | Lea County, NM | 10,578 BBLs | 23,598 MCF | Nov 2025 |
| Landreth Federal Com | Lea County, NM | 499 BBLs | 432 MCF | Nov 2025 |
| Lepakast State Com | Lea County, NM | 316 BBLs | 349 MCF | Nov 2025 |
| Mad Dog 35 B | Lea County, NM | 1,884 BBLs | 4,856 MCF | Nov 2025 |
| Maltese 5 8 Federal Com | Lea County, NM | 31,153 BBLs | 9,753 MCF | Nov 2025 |
| Mortarboard Federal Com | Lea County, NM | 4,531 BBLs | 11,010 MCF | Nov 2025 |
| Pegasus | Lea County, NM | 38,040 BBLs | 49,549 MCF | Nov 2025 |
| Red Bull | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| Red Bull 30 31 Federal State Com | Lea County, NM | 6,880 BBLs | 10,354 MCF | Nov 2025 |
| Saker 6 7 Federal | Lea County, NM | 73,892 BBLs | 268,352 MCF | Nov 2025 |
| Shearn State Com | Lea County, NM | 710 BBLs | 820 MCF | Nov 2025 |
| Sweetness 30 State Fed Com | Lea County, NM | 1,666 BBLs | 5,893 MCF | Nov 2025 |
| Toro 36 B3 | Lea County, NM | 8,446 BBLs | 31,828 MCF | Nov 2025 |
These are the closest 20 companies operating near the Red Bull 2 property.