Oil & Gas Property in Lea County, NM
Key data points for Red Tank 3
| County | Lea County, NM |
|---|---|
| Production Dates | Mar 1993 - Sep 2025 |
| Total Oil Production | 4,177,342 BBLs |
| Total Gas Production | 12,209,844 MCF |
| Recent Oil Production | 5,921 BBLs in Sep 2025 |
| Recent Gas Production | 22,933 MCF in Sep 2025 |
| Wells on Property | 60 |
Our Valuation Estimates for Red Tank 3
ShaleAssessment™
Not Available
MarketMultiple™
$1,389,948 **
* 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 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Amanda Amn Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2019 |
| Colibri 10 | Lea County, NM | 2,686 BBLs | 6,428 MCF | Oct 2025 |
| Colibri Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2019 |
| Coriander 1 | Lea County, NM | 49,435 BBLs | 147,721 MCF | Sep 2025 |
| Covington A Federal | Lea County, NM | 3,184 BBLs | 2,606 MCF | Sep 2025 |
| Frizzle Fry BS Federal Com | Lea County, NM | 32,431 BBLs | 38,447 MCF | Oct 2025 |
| Gato Pequeno 4 Federal | Lea County, NM | 13,685 BBLs | 28,145 MCF | Sep 2025 |
| Llama Mall 26 35 Federal | Lea County, NM | 100,053 BBLs | 244,641 MCF | Sep 2025 |
| Mule Deer 36 State | Lea County, NM | 140 BBLs | 930 MCF | Sep 2025 |
| Prize Federal | Lea County, NM | 87 BBLs | 0 MCF | Sep 2025 |
| Red Tank | Lea County, NM | 1,251 BBLs | 1,290 MCF | Oct 2025 |
| Red Tank 2 | Lea County, NM | 1,094 BBLs | 1,554 MCF | Oct 2025 |
| Red Tank 4 Federal | Lea County, NM | 418 BBLs | 433 MCF | Sep 2025 |
| Redtail Federal Com | Lea County, NM | 113,578 BBLs | 273,725 MCF | Oct 2025 |
| Redtail State Com | Lea County, NM | 43 BBLs | 189 MCF | Oct 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 42,792 BBLs | 123,920 MCF | Sep 2025 |
| Thyme Apy Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Urraca 11 Av Federal Com | Lea County, NM | 1,299 BBLs | 14,687 MCF | Oct 2025 |
| Urraca Federal | Lea County, NM | 112 BBLs | 0 MCF | Sep 2025 |
These are the closest 20 companies operating near the Red Tank 3 property.