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 - Dec 2025
Total Oil Production332,050 BBLs
Total Gas Production3,082,869 MCF
Recent Oil Production449 BBLs in Dec 2025
Recent Gas Production276 MCF in Dec 2025
Wells on Property8

Our Valuation Estimates for Red Tank 2

ShaleAssessment™

$18,912 *

MarketMultiple™

$70,902 **

* 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 Dec 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 NameOperatorCounty
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 MCFJun 2025
Cercion FederalLea County, NM265 BBLs134 MCFDec 2025
Checkerboard 2Lea County, NM129 BBLs757 MCFDec 2025
Covington A FederalLea County, NM2,018 BBLs2,148 MCFDec 2025
FederalLea County, NM0 BBLs0 MCFApr 2024
Frizzle Fry BS Federal ComLea County, NM17,768 BBLs20,660 MCFDec 2025
Kiwi Akx StateLea County, NM179 BBLs34 MCFDec 2025
Kiwi SWDLea County, NM0 BBLs0 MCFDec 2009
LechuzaLea County, NM0 BBLs0 MCFJul 2025
Llama Mall 26 35 FederalLea County, NM95,928 BBLs376,833 MCFDec 2025
Lotus Alt StateLea County, NM0 BBLs0 MCFAug 2025
Lotus SWDLea County, NM0 BBLs0 MCFFeb 2012
Paisano FederalLea County, NM0 BBLs0 MCFJul 2025
Pretty Good 20 Federal ComLea County, NM717,886 BBLs1,995,183 MCFDec 2025
Prize FederalLea County, NM38 BBLs62 MCFDec 2025
Red TankLea County, NM1,447 BBLs1,927 MCFDec 2025
Red Tank 3Lea County, NM8,942 BBLs49,681 MCFDec 2025
Redchecker 14 FederalLea County, NM1 BBLs0 MCFDec 2025
Stack Cats 25 36 Federal ComLea County, NM69,264 BBLs296,443 MCFDec 2025
Taco Cat 27 34 Federal ComLea County, NM30,755 BBLs342,788 MCFDec 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, 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

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