Red Tank 2

Oil & Gas Property in Lea County, NM

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Key data points for Red Tank 2

Our Valuation Estimates for Red Tank 2

ShaleAssessment™

$20,467 *

MarketMultiple™

$131,740 **

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

Based on a decimal interest

Aggregated production of all wells and leases associated with this property

API #	Well Name	Operator	Status	County	Latitude	Longitude
30-025-31755	RED TANK 28 FEDERAL 004	POGO PRODUCING CO	Cancelled	Lea County, NM	32.356198	-103.678656
30-025-32257	RED TANK 21-C FEDERAL 001	SAMSON RESOURCES CO	Cancelled	Lea County, NM	32.382538	-103.680742
30-025-35260	RED TANK 23-N FEDERAL 001	EOG RESOURCES INC	Active	Lea County, NM	32.379921	-103.643387
30-025-36009	RED TANK 28 FEDERAL 004	OXY USA INC	Plugged	Lea County, NM	32.356201	-103.678619
30-025-36061	RED TANK 28 FEDERAL 002	POGO PRODUCING CO	Cancelled	Lea County, NM	32.356219	-103.673286
30-025-37772	RED TANK 28 FEDERAL 002	POGO PRODUCING COMPANY LLC	Cancelled	Lea County, NM	32.356219	-103.673286
30-025-41127	RED TANK 26 FEDERAL 010H	OXY USA INC	Active	Lea County, NM	32.368984	-103.646935
30-025-41189	RED TANK 28 FEDERAL 005H	OXY USA INC	Active	Lea County, NM	32.369034	-103.674004

Lease #	Lease Name	Operator	County
13353	RED TANK 21-C FEDERAL	SAMSON RESOURCES CO	Lea County, NM
26922	RED TANK 23-N FEDERAL	EOG RESOURCES INC	Lea County, NM
304512	RED TANK 28 FEDERAL	POGO PRODUCING COMPANY LLC	Lea County, NM

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

Property Name	Location	Oil Prod.	Gas Prod.	Prod. Period
Amazing Baz Federal	Lea County, NM	0 BBLs	0 MCF	Jun 2025
Cercion Federal	Lea County, NM	234 BBLs	51 MCF	Jul 2025
Checkerboard 2	Lea County, NM	191 BBLs	707 MCF	Jul 2025
Covington A Federal	Lea County, NM	1,626 BBLs	1,026 MCF	Jul 2025
Federal	Lea County, NM	0 BBLs	0 MCF	Apr 2024
Frizzle Fry BS Federal Com	Lea County, NM	23,019 BBLs	26,772 MCF	Aug 2025
Kiwi Akx State	Lea County, NM	1,498 BBLs	213 MCF	Jul 2025
Kiwi SWD	Lea County, NM	0 BBLs	0 MCF	Jun 2009
Lechuza	Lea County, NM	6 BBLs	0 MCF	Jul 2025
Llama Mall 26 35 Federal	Lea County, NM	120,093 BBLs	286,457 MCF	Jul 2025
Lotus Alt State	Lea County, NM	180 BBLs	377 MCF	Jul 2025
Lotus SWD	Lea County, NM	0 BBLs	0 MCF	Feb 2012
Paisano Federal	Lea County, NM	22 BBLs	0 MCF	Jul 2025
Pretty Good 20 Federal Com	Lea County, NM	592,992 BBLs	1,314,535 MCF	Jul 2025
Prize Federal	Lea County, NM	329 BBLs	93 MCF	Jul 2025
Red Tank	Lea County, NM	1,264 BBLs	1,562 MCF	Jul 2025
Red Tank 3	Lea County, NM	7,546 BBLs	116,231 MCF	Jul 2025
Redchecker 14 Federal	Lea County, NM	126 BBLs	277 MCF	Jul 2025
Stack Cats 25 36 Federal Com	Lea County, NM	84,431 BBLs	221,411 MCF	Jul 2025
Taco Cat 27 34 Federal Com	Lea County, NM	44,871 BBLs	135,522 MCF	Jul 2025

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. Of Colorado
COG Operating LLC
Coterra Energy Operating Co.
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 Corporation