Oil & Gas Property in Lea County, NM
Key data points for Red Bull 3
| County | Lea County, NM |
|---|---|
| Operator | COG OPERATING LLC |
| Production Dates | Jan 2009 - Jul 2024 |
| Total Oil Production | 345,876 BBLs |
| Total Gas Production | 671,493 MCF |
| Recent Oil Production | 918 BBLs in Jul 2024 |
| Recent Gas Production | 1,535 MCF in Jul 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Red Bull 3
ShaleAssessment™
$32,414 *
MarketMultiple™
$75,844 **
* 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 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Battle Axe Federal Com | Lea County, NM | 1,339 BBLs | 6,070 MCF | Jul 2024 |
| Black Bear 36 State | Lea County, NM | 9,606 BBLs | 28,762 MCF | Jul 2024 |
| Brown Bear 36 State | Lea County, NM | 24,018 BBLs | 126,414 MCF | Jul 2024 |
| Calm Breeze 2 Federal Com | Lea County, NM | 9,931 BBLs | 22,489 MCF | Jul 2024 |
| Cascade 2 | Lea County, NM | 105,200 BBLs | 268,442 MCF | Jul 2024 |
| Columbus Fe | Lea County, NM | 71,904 BBLs | 209,258 MCF | Jul 2024 |
| Dominator 25 Federal | Lea County, NM | 67,249 BBLs | 358,425 MCF | Jul 2024 |
| Goedeke | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Lomas Rojas 26 State Com | Lea County, NM | 21,185 BBLs | 68,152 MCF | Jul 2024 |
| Red Hills | Lea County, NM | 263,963 BBLs | 1,657,717 MCF | Jul 2024 |
| Red Hills 2 | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Rojo 7811 | Lea County, NM | 86,051 BBLs | 344,118 MCF | Jul 2024 |
| Rojo 7811 JV-P Federal Com | Lea County, NM | 508 BBLs | 5,018 MCF | Jul 2024 |
| Rojo Ae 7811 JV-P Federal Com | Lea County, NM | 3,729 BBLs | 58,981 MCF | Jul 2024 |
| Rojo C 7811 JV-P | Lea County, NM | 398 BBLs | 21,412 MCF | Jul 2024 |
| Salado Draw 9 16 W | Lea County, NM | 17,804 BBLs | 39,872 MCF | Jul 2024 |
| Salado Draw 9 A | Lea County, NM | 1,419 BBLs | 3,860 MCF | Jul 2024 |
| Salado Draw 9 W | Lea County, NM | 16,763 BBLs | 40,339 MCF | Jul 2024 |
| Seawolf 1 12 Federal | Lea County, NM | 38,197 BBLs | 84,166 MCF | Jul 2024 |
| Valor Federal Com | Lea County, NM | 40,445 BBLs | 98,080 MCF | Jul 2024 |
These are the closest 20 companies operating near the Red Bull 3 property.