Oil & Gas Property in Lea County, NM
Key data points for Red Tank 3
County | Lea County, NM |
---|---|
Production Dates | Mar 1993 - Feb 2025 |
Total Oil Production | 4,118,006 BBLs |
Total Gas Production | 11,722,993 MCF |
Recent Oil Production | 6,522 BBLs in Feb 2025 |
Recent Gas Production | 72,660 MCF in Feb 2025 |
Wells on Property | 60 |
Our Valuation Estimates for Red Tank 3
ShaleAssessment™
Not Available
MarketMultiple™
$1,762,405 **
* 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 | 1,728 BBLs | 5,151 MCF | Feb 2025 |
Colibri Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2019 |
Coriander 1 12 Federal Com | Lea County, NM | 76,087 BBLs | 200,295 MCF | Feb 2025 |
Covington A Federal | Lea County, NM | 506 BBLs | 1,396 MCF | Feb 2025 |
Frizzle Fry BS Federal Com | Lea County, NM | 36,205 BBLs | 40,032 MCF | Feb 2025 |
Gato Pequeno 4 Federal | Lea County, NM | 13,666 BBLs | 24,472 MCF | Feb 2025 |
Llama Mall 26 35 Federal | Lea County, NM | 150,736 BBLs | 164,675 MCF | Feb 2025 |
Mule Deer 36 State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Prize Federal | Lea County, NM | 0 BBLs | 63 MCF | Feb 2025 |
Red Tank | Lea County, NM | 553 BBLs | 821 MCF | Feb 2025 |
Red Tank 2 | Lea County, NM | 1,089 BBLs | 1,455 MCF | Feb 2025 |
Red Tank 4 Federal | Lea County, NM | 557 BBLs | 381 MCF | Feb 2025 |
Redtail State Com | Lea County, NM | 411 BBLs | 521 MCF | Feb 2025 |
Shell State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
Taco Cat 27 34 Federal Com | Lea County, NM | 43,798 BBLs | 188,813 MCF | Feb 2025 |
Thyme Apy Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
Urraca 11 Av Federal Com | Lea County, NM | 1,413 BBLs | 9,172 MCF | Feb 2025 |
Urraca 11 SB Federal | Lea County, NM | 2,379 BBLs | 2,054 MCF | Feb 2025 |
Urraca Federal | Lea County, NM | 123 BBLs | 0 MCF | Feb 2025 |
These are the closest 20 companies operating near the Red Tank 3 property.