Oil & Gas Property in Lea County, NM
Key data points for Red Hills 2
| County | Lea County, NM |
|---|---|
| Operator | CIMAREX ENERGY CO. OF COLORADO |
| Production Dates | Jan 1993 - Feb 2025 |
| Total Oil Production | 4,531 BBLs |
| Total Gas Production | 3,214,829 MCF |
| Recent Oil Production | 0 BBLs in Feb 2025 |
| Recent Gas Production | 129 MCF in Feb 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Red Hills 2
ShaleAssessment™
$1,508 *
MarketMultiple™
$291 **
* 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 Hills 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Audacious 19 Federal | Lea County, NM | 78,740 BBLs | 389,766 MCF | Feb 2025 |
| Audacious BTL | Lea County, NM | 7,737 BBLs | 23,379 MCF | Feb 2025 |
| Caballo 23 Federal | Lea County, NM | 99,563 BBLs | 495,704 MCF | Feb 2025 |
| Cascade 2 | Lea County, NM | 154,566 BBLs | 372,315 MCF | Feb 2025 |
| Columbus Fe | Lea County, NM | 44,644 BBLs | 157,974 MCF | Feb 2025 |
| Green Drake 16 Federal Com | Lea County, NM | 65,776 BBLs | 392,754 MCF | Feb 2025 |
| Green Drake 21 Federal Com | Lea County, NM | 5,702 BBLs | 15,042 MCF | Feb 2025 |
| Lomas Rojas 26 State Com | Lea County, NM | 20,772 BBLs | 72,879 MCF | Feb 2025 |
| Red Bull 3 | Lea County, NM | 765 BBLs | 854 MCF | Feb 2025 |
| Red Hills | Lea County, NM | 226,452 BBLs | 1,545,672 MCF | Feb 2025 |
| Red Hills 32 5 | Lea County, NM | 149,215 BBLs | 666,758 MCF | Feb 2025 |
| Rojo 7811 | Lea County, NM | 65,947 BBLs | 262,668 MCF | Feb 2025 |
| Rojo 7811 JV-P Federal Com | Lea County, NM | 428 BBLs | 4,405 MCF | Feb 2025 |
| Rojo Ae 7811 JV-P Federal Com | Lea County, NM | 2,628 BBLs | 18,990 MCF | Feb 2025 |
| Rojo B 7811 JV P | Lea County, NM | 1,411 BBLs | 44,679 MCF | Feb 2025 |
| Rojo C 7811 JV-P | Lea County, NM | 434 BBLs | 16,786 MCF | Feb 2025 |
| Rojo D 7811 JV P Com | Lea County, NM | 1,922 BBLs | 73,346 MCF | Feb 2025 |
| Streetcar 15 Federal | Lea County, NM | 74,211 BBLs | 507,585 MCF | Feb 2025 |
| Vaca Draw | Lea County, NM | 207,371 BBLs | 1,045,585 MCF | Feb 2025 |
| Valor Federal Com | Lea County, NM | 30,406 BBLs | 73,555 MCF | Feb 2025 |
These are the closest 20 companies operating near the Red Hills 2 property.