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™

$18,009 *

MarketMultiple™

$73,583 **

* 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	249 BBLs	170 MCF	Mar 2026
Checkerboard 2	Lea County, NM	0 BBLs	0 MCF	Feb 2026
Covington A Federal	Lea County, NM	2,437 BBLs	1,590 MCF	Apr 2026
Federal	Lea County, NM	0 BBLs	0 MCF	Apr 2024
Frizzle Fry BS Federal Com	Lea County, NM	19,100 BBLs	21,967 MCF	Apr 2026
Kiwi Akx State	Lea County, NM	1,307 BBLs	249 MCF	Mar 2026
Kiwi SWD	Lea County, NM	0 BBLs	0 MCF	Jun 2009
Lechuza	Lea County, NM	0 BBLs	0 MCF	Jul 2025
Llama Mall 26 35 Federal	Lea County, NM	85,373 BBLs	257,510 MCF	Apr 2026
Lotus Alt State	Lea County, NM	66 BBLs	17 MCF	Mar 2026
Lotus SWD	Lea County, NM	0 BBLs	0 MCF	Feb 2012
Paisano Federal	Lea County, NM	85 BBLs	0 MCF	Mar 2026
Pretty Good 20 Federal Com	Lea County, NM	153,770 BBLs	573,532 MCF	Mar 2026
Prize Federal	Lea County, NM	146 BBLs	179 MCF	Apr 2026
Red Tank	Lea County, NM	2,218 BBLs	2,412 MCF	Apr 2026
Red Tank 3	Lea County, NM	6,370 BBLs	59,105 MCF	Apr 2026
Redchecker 14 Federal	Lea County, NM	0 BBLs	0 MCF	Dec 2025
Taco Cat 27 34 Federal Com	Lea County, NM	26,310 BBLs	200,076 MCF	Apr 2026
Tuna Nut 24 13 Federal Com	Lea County, NM	162,354 BBLs	299,300 MCF	Apr 2026

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, L.P.
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