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 - Feb 2024 |
| Total Oil Production | 343,053 BBLs |
| Total Gas Production | 667,719 MCF |
| Recent Oil Production | 1,363 BBLs in Jan 2024 |
| Recent Gas Production | 1,139 MCF in Jan 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Red Bull 3
ShaleAssessment™
$34,666 *
MarketMultiple™
$21,363 **
* 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 |
|---|---|---|---|---|
| Black Bear 36 State | Lea County, NM | 12,410 BBLs | 22,603 MCF | Jan 2024 |
| Brown Bear 36 State | Lea County, NM | 32,942 BBLs | 192,486 MCF | Jan 2024 |
| Calm Breeze 2 Federal Com | Lea County, NM | 9,963 BBLs | 20,445 MCF | Jan 2024 |
| Columbus Fe | Lea County, NM | 92,888 BBLs | 216,879 MCF | Feb 2024 |
| Dominator 25 Federal | Lea County, NM | 79,808 BBLs | 353,533 MCF | Feb 2024 |
| Goedeke | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Green Drake 21 Federal Com | Lea County, NM | 18,560 BBLs | 57,144 MCF | Jan 2024 |
| Lomas Rojas 26 State Com | Lea County, NM | 24,677 BBLs | 85,471 MCF | Jan 2024 |
| Red Hills 2 | Lea County, NM | 0 BBLs | 71 MCF | Jan 2024 |
| Rojo 7811 | Lea County, NM | 103,974 BBLs | 388,569 MCF | Feb 2024 |
| Rojo 7811 JV-P Federal Com | Lea County, NM | 499 BBLs | 6,716 MCF | Feb 2024 |
| Rojo Ae 7811 JV-P Federal Com | Lea County, NM | 4,492 BBLs | 62,049 MCF | Feb 2024 |
| Rojo C 7811 JV-P | Lea County, NM | 475 BBLs | 12,701 MCF | Feb 2024 |
| Salado Draw 9 16 W | Lea County, NM | 21,137 BBLs | 42,794 MCF | Jan 2024 |
| Salado Draw 9 A | Lea County, NM | 1,722 BBLs | 3,945 MCF | Jan 2024 |
| Salado Draw 9 Bo Federal Com 001H | Lea County, NM | 637 BBLs | 764 MCF | Jan 2024 |
| Salado Draw 9 DM Federal Com 001H | Lea County, NM | 710 BBLs | 462 MCF | Jan 2024 |
| Salado Draw 9 W | Lea County, NM | 20,893 BBLs | 49,910 MCF | Jan 2024 |
| Seawolf 1 12 Federal | Lea County, NM | 47,389 BBLs | 104,245 MCF | Jan 2024 |
| Valor Federal Com | Lea County, NM | 37,706 BBLs | 74,190 MCF | Feb 2024 |
These are the closest 20 companies operating near the Red Bull 3 property.