Oil & Gas Property in Lea County, NM
Key data points for Red Tank 2
County | Lea County, NM |
---|---|
Production Dates | Aug 2002 - May 2025 |
Total Oil Production | 328,324 BBLs |
Total Gas Production | 3,076,958 MCF |
Recent Oil Production | 698 BBLs in May 2025 |
Recent Gas Production | 1,570 MCF in May 2025 |
Wells on Property | 8 |
Our Valuation Estimates for Red Tank 2
ShaleAssessment™
$21,044 *
MarketMultiple™
$177,565 **
* 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 Tank 2 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Amazing Baz Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
Cercion Federal | Lea County, NM | 175 BBLs | 84 MCF | May 2025 |
Checkerboard 2 | Lea County, NM | 198 BBLs | 836 MCF | May 2025 |
Covington A Federal | Lea County, NM | 623 BBLs | 905 MCF | May 2025 |
Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
Frizzle Fry BS Federal Com | Lea County, NM | 36,600 BBLs | 42,720 MCF | May 2025 |
Kiwi Akx State | Lea County, NM | 144 BBLs | 30 MCF | May 2025 |
Kiwi SWD | Lea County, NM | 0 BBLs | 0 MCF | Jun 2009 |
Lechuza | Lea County, NM | 3 BBLs | 0 MCF | May 2025 |
Llama Mall 26 35 Federal | Lea County, NM | 132,762 BBLs | 284,926 MCF | May 2025 |
Lotus Alt State | Lea County, NM | 125 BBLs | 482 MCF | May 2025 |
Lotus SWD | Lea County, NM | 0 BBLs | 0 MCF | Feb 2012 |
Paisano Federal | Lea County, NM | 49 BBLs | 0 MCF | May 2025 |
Pretty Good 20 Federal Com | Lea County, NM | 662,138 BBLs | 1,138,930 MCF | May 2025 |
Prize Federal | Lea County, NM | 53 BBLs | 102 MCF | May 2025 |
Red Tank | Lea County, NM | 762 BBLs | 1,043 MCF | May 2025 |
Red Tank 3 | Lea County, NM | 9,193 BBLs | 131,850 MCF | May 2025 |
Redchecker 14 Federal | Lea County, NM | 17 BBLs | 59 MCF | May 2025 |
Stack Cats 25 36 Federal Com | Lea County, NM | 93,062 BBLs | 238,204 MCF | May 2025 |
Taco Cat 27 34 Federal Com | Lea County, NM | 46,931 BBLs | 125,393 MCF | May 2025 |
These are the closest 20 companies operating near the Red Tank 2 property.