Red Tank 2

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Red Tank 2 Oil & Gas Property

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Property Summary

Key data points for Red Tank 2

CountyLea County, NM
Production DatesAug 2002 - Jan 2024
Total Oil Production315,417 BBLs
Total Gas Production3,056,455 MCF
Recent Oil Production0 BBLs in Jan 2024
Recent Gas Production918 MCF in Jan 2024
Wells on Property8

Our Valuation Estimates for Red Tank 2

ShaleAssessment™

$26,207 *

MarketMultiple™

$2,708 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Red Tank 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Red Tank 2
from Aug 2002 to Jan 2024

Wells on Red Tank 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-31755RED TANK 28 FEDERAL 004POGO PRODUCING COCancelled ApdLea County, NM32.356198-103.678656
30-025-32257RED TANK 21-C FEDERAL 001SAMSON RESOURCES COCancelled ApdLea County, NM32.382538-103.680742
30-025-35260RED TANK 23-N FEDERAL 001EOG RESOURCES INCActiveLea County, NM32.379921-103.643387
30-025-36009RED TANK 28 FEDERAL 004OXY USA INCPlugged, Site ReleasedLea County, NM32.356201-103.678619
30-025-36061RED TANK 28 FEDERAL 002POGO PRODUCING COCancelled ApdLea County, NM32.356219-103.673286
30-025-37772RED TANK 28 FEDERAL 002POGO PRODUCING COMPANY LLCCancelled ApdLea County, NM32.356219-103.673286
30-025-41127RED TANK 26 FEDERAL 010HOXY USA INCActiveLea County, NM32.368984-103.646935
30-025-41189RED TANK 28 FEDERAL 005HOXY USA INCActiveLea County, NM32.369034-103.674004

Leases included in Red Tank 2

Lease #Lease NameOperatorCountyMonthly Gas Prod.
13353RED TANK 21-C FEDERALSAMSON RESOURCES COLea County, NM
26922RED TANK 23-N FEDERALEOG RESOURCES INCLea County, NM
304512RED TANK 28 FEDERALPOGO PRODUCING COMPANY LLCLea County, NM

Operators Associated With Red Tank 2

Nearby Properties

These are the closest 20 properties to the Red Tank 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Amazing Baz FederalLea County, NM461 BBLs405 MCFJan 2024
Cercion FederalLea County, NM143 BBLs125 MCFJan 2024
Checkerboard 2Lea County, NM688 BBLs2,110 MCFJan 2024
Covington A FederalLea County, NM1,087 BBLs410 MCFJan 2024
FederalLea County, NM0 BBLs0 MCFMar 2023
Kiwi Akx StateLea County, NM2,129 BBLs292 MCFJan 2024
Kiwi SWDLea County, NM0 BBLs0 MCFJun 2009
LechuzaLea County, NM80 BBLs0 MCFJan 2024
Llama Mall 26 35 FederalLea County, NM967 BBLs796 MCFJan 2024
Lotus Alt StateLea County, NM639 BBLs729 MCFJan 2024
Lotus SWDLea County, NM0 BBLs0 MCFFeb 2012
Paisano FederalLea County, NM0 BBLs0 MCFNov 2023
Prize FederalLea County, NM0 BBLs209 MCFJan 2024
Red TankLea County, NM993 BBLs713 MCFJan 2024
Red Tank 24Lea County, NM0 BBLs423 MCFJan 2024
Red Tank 3Lea County, NM8,549 BBLs86,905 MCFFeb 2024
Redchecker 14 FederalLea County, NM149 BBLs260 MCFJan 2024
Shell StateLea County, NM279 BBLs98 MCFJan 2024
Stack Cats 25 36 Federal ComLea County, NM95,071 BBLs77,574 MCFJan 2024
Taco Cat 27 34 Federal ComLea County, NM41,397 BBLs150,290 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Red Tank 2 property.

Company Name
Burlington Resources Oil And Gas Co.
C W Trainer
Cimarex Energy Co
Cimarex Energy Co. Of Colorado
COG Operating LLC
Devon Energy Production Co
Devon Energy Production Company LP
Echo Production Inc
EOG Resources Inc
EOG Y Resources Inc
Harvard Petroleum Company, LLC
Maralo, LLC
Marathon Oil Permian LLC
Oxy USA Inc
Phillips Petroleum Company
Pogo Producing Company
Pogo Producing Company LLC
Strata Production Co
Sunset Well Service Holdings Inc
U.S. Energy Development Corp