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 - Feb 2025
Total Oil Production325,317 BBLs
Total Gas Production3,071,518 MCF
Recent Oil Production1,089 BBLs in Feb 2025
Recent Gas Production1,455 MCF in Feb 2025
Wells on Property8

Our Valuation Estimates for Red Tank 2

ShaleAssessment™

$21,868 *

MarketMultiple™

$124,872 **

* 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 Feb 2025

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 COCancelledLea County, NM32.356198-103.678656
30-025-32257RED TANK 21-C FEDERAL 001SAMSON RESOURCES COCancelledLea 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 INCPluggedLea County, NM32.356201-103.678619
30-025-36061RED TANK 28 FEDERAL 002POGO PRODUCING COCancelledLea County, NM32.356219-103.673286
30-025-37772RED TANK 28 FEDERAL 002POGO PRODUCING COMPANY LLCCancelledLea 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, NM0 BBLs0 MCFMar 2024
Cercion FederalLea County, NM90 BBLs0 MCFFeb 2025
Checkerboard 2Lea County, NM327 BBLs903 MCFFeb 2025
Covington A FederalLea County, NM506 BBLs1,396 MCFFeb 2025
FederalLea County, NM0 BBLs0 MCFApr 2024
Frizzle Fry BS Federal ComLea County, NM36,205 BBLs40,032 MCFFeb 2025
Kiwi Akx StateLea County, NM1,621 BBLs229 MCFFeb 2025
Kiwi SWDLea County, NM0 BBLs0 MCFJun 2009
LechuzaLea County, NM34 BBLs0 MCFFeb 2025
Llama Mall 26 35 FederalLea County, NM150,736 BBLs164,675 MCFFeb 2025
Lotus Alt StateLea County, NM293 BBLs534 MCFFeb 2025
Lotus SWDLea County, NM0 BBLs0 MCFFeb 2012
Paisano FederalLea County, NM0 BBLs0 MCFJul 2024
Pretty Good 20 Federal ComLea County, NM222,969 BBLs639,707 MCFFeb 2025
Prize FederalLea County, NM0 BBLs63 MCFFeb 2025
Red TankLea County, NM553 BBLs821 MCFFeb 2025
Red Tank 3Lea County, NM6,522 BBLs72,660 MCFFeb 2025
Redchecker 14 FederalLea County, NM112 BBLs205 MCFFeb 2025
Stack Cats 25 36 Federal ComLea County, NM100,854 BBLs112,457 MCFFeb 2025
Taco Cat 27 34 Federal ComLea County, NM43,798 BBLs188,813 MCFFeb 2025

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. 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 Corp

Frac'ing activity on Red Tank 2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-41127RED TANK 26 FEDERAL 010H
30-025-41127RED TANK 26 FEDERAL 10H
30-025-41189RED TANK 28 FEDERAL 5H