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 - Mar 2024 |
| Total Oil Production | 344,042 BBLs |
| Total Gas Production | 668,650 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for Red Bull 3
ShaleAssessment™
$33,335 *
MarketMultiple™
$75,843 **
* 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 | 1,375 BBLs | 5,863 MCF | May 2024 |
| Black Bear 36 State | Lea County, NM | 11,616 BBLs | 30,118 MCF | May 2024 |
| Brown Bear 36 State | Lea County, NM | 28,317 BBLs | 133,015 MCF | May 2024 |
| Calm Breeze 2 Federal Com | Lea County, NM | 10,746 BBLs | 20,957 MCF | May 2024 |
| Columbus Fe | Lea County, NM | 87,169 BBLs | 247,004 MCF | May 2024 |
| Dominator 25 Federal | Lea County, NM | 74,175 BBLs | 360,022 MCF | May 2024 |
| Goedeke | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Lomas Rojas 26 State Com | Lea County, NM | 24,465 BBLs | 96,302 MCF | May 2024 |
| Red Hills 2 | Lea County, NM | 0 BBLs | 34 MCF | May 2024 |
| Rojo 7811 | Lea County, NM | 96,720 BBLs | 384,625 MCF | May 2024 |
| Rojo 7811 JV-P Federal Com | Lea County, NM | 493 BBLs | 6,554 MCF | May 2024 |
| Rojo Ae 7811 JV-P Federal Com | Lea County, NM | 4,639 BBLs | 60,590 MCF | May 2024 |
| Rojo C 7811 JV-P | Lea County, NM | 497 BBLs | 15,968 MCF | May 2024 |
| Salado Draw 9 16 W | Lea County, NM | 16,343 BBLs | 36,902 MCF | Apr 2024 |
| Salado Draw 9 A | Lea County, NM | 654 BBLs | 2,561 MCF | Apr 2024 |
| Salado Draw 9 Bo Federal Com 001H | Lea County, NM | 1,055 BBLs | 2,647 MCF | Apr 2024 |
| Salado Draw 9 DM Federal Com 001H | Lea County, NM | 1,122 BBLs | 3,218 MCF | Apr 2024 |
| Salado Draw 9 W | Lea County, NM | 27,351 BBLs | 69,924 MCF | Apr 2024 |
| Seawolf 1 12 Federal | Lea County, NM | 42,658 BBLs | 106,470 MCF | Apr 2024 |
| Valor Federal Com | Lea County, NM | 39,520 BBLs | 92,187 MCF | May 2024 |
These are the closest 20 companies operating near the Red Bull 3 property.