Red Tank 3

Oil & Gas Property in Lea County, NM

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Property Summary

Key data points for Red Tank 3

County	Lea County, NM
Production Dates	Mar 1993 - Dec 2025
Total Oil Production	4,200,764 BBLs
Total Gas Production	12,370,753 MCF
Recent Oil Production	8,942 BBLs in Dec 2025
Recent Gas Production	49,681 MCF in Dec 2025
Wells on Property	60

Our Valuation Estimates for Red Tank 3

ShaleAssessment™

Not Available

MarketMultiple™

$1,187,135 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Red Tank 3 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 3
from Mar 1993 to Dec 2025

Wells on Red Tank 3

API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
API #	Well Name	Operator	Status	County	Est. Daily Oil Prod.	Est. Daily Gas Prod.	Est. Daily Water Prod.	Latitude	Longitude
30-025-27596	RED TANK 30 STATE 003	OXY USA INC	Plugged (Not Released)	Lea County, NM				32.364586	-103.605232
30-025-31720	RED TANK 34 FEDERAL 001	OXY USA INC	Active	Lea County, NM				32.353558	-103.659378
30-025-31932	RED TANK 34 FEDERAL 002	OXY USA INC	Plugged	Lea County, NM				32.349945	-103.656166
30-025-31951	RED TANK 34 FEDERAL 003	OXY USA INC	Active	Lea County, NM				32.353298	-103.656166
30-025-32136	RED TANK 34 FEDERAL 004	OXY USA INC	Active	Lea County, NM				32.349926	-103.660439
30-025-32275	RED TANK 35 FEDERAL 002	POGO PRODUCING CO	Cancelled	Lea County, NM				32.349959	-103.651880
30-025-32325	RED TANK 34 FEDERAL 007	POGO PRODUCING CO	Cancelled	Lea County, NM				32.346294	-103.656171
30-025-32336	RED TANK 35 FEDERAL 001	OXY USA INC	Active	Lea County, NM				32.353584	-103.652962
30-025-32359	RED TANK 34 FEDERAL 005	POGO PRODUCING CO	Cancelled	Lea County, NM				32.346276	-103.660466
30-025-32493	RED TANK 34 FEDERAL 011	POGO PRODUCING CO	Cancelled	Lea County, NM				32.346259	-103.664685
30-025-32494	RED TANK 34 FEDERAL 012	POGO PRODUCING CO	Cancelled	Lea County, NM				32.349910	-103.663615
30-025-32655	RED TANK 34 FEDERAL 014	OXY USA INC	Active	Lea County, NM				32.353401	-103.663651
30-025-32761	RED TANK 34 FEDERAL 013	OXY USA INC	Active	Lea County, NM				32.354210	-103.667931
30-025-32912	RED TANK 34 FEDERAL 015	OXY USA INC	Plugged	Lea County, NM				32.350651	-103.670548
30-025-33011	RED TANK 30 STATE 001	OXY USA INC	Plugged (Not Released)	Lea County, NM				32.358242	-103.618767
30-025-33025	RED TANK 33 FEDERAL 001	POGO PRODUCING CO	Cancelled	Lea County, NM				32.354409	-103.672210
30-025-33047	RED TANK 33 FEDERAL 002	POGO PRODUCING CO	Cancelled	Lea County, NM				32.350776	-103.673280
30-025-33082	RED TANK 31 STATE 001	OXY USA INC	Plugged (Not Released)	Lea County, NM				32.354610	-103.618767
30-025-33109	RED TANK 30 STATE 002	OXY USA INC	Active	Lea County, NM				32.361416	-103.618774
30-025-33149	RED TANK 35 FEDERAL 003	OXY USA INC	Active	Lea County, NM				32.347225	-103.650818
30-025-33196	RED TANK 31 STATE 003	POGO PRODUCING CO	Cancelled	Lea County, NM				32.354610	-103.614463
30-025-33231	RED TANK 33 FEDERAL 003	POGO PRODUCING CO	Cancelled	Lea County, NM				32.354392	-103.676505
30-025-33232	RED TANK 33 FEDERAL 004	POGO PRODUCING CO	Cancelled	Lea County, NM				32.350760	-103.677575
30-025-33233	RED TANK 33 FEDERAL 005	POGO PRODUCING CO	Cancelled	Lea County, NM				32.347113	-103.677571
30-025-33431	RED TANK 31 STATE 002	OXY USA INC	Plugged (Not Released)	Lea County, NM				32.350983	-103.618759
30-025-33580	RED TANK 31 STATE 004	OXY USA INC	Plugged (Not Released)	Lea County, NM				32.341908	-103.618744
30-025-34460	RED TANK 33 FEDERAL 001	POGO PRODUCING CO	Cancelled	Lea County, NM				32.354409	-103.672210
30-025-35418	RED TANK 35 FEDERAL 003E	POGO PRODUCING CO	Cancelled	Lea County, NM				32.349955	-103.652954
30-025-35429	RED TANK 33 FEDERAL 001A	POGO PRODUCING CO	Cancelled	Lea County, NM				32.354413	-103.671169
30-025-35834	RED TANK 34 FEDERAL 012	OXY USA INC	Active	Lea County, NM				32.349907	-103.664719
30-025-35941	RED TANK 34 FEDERAL 007	OXY USA INC	Active	Lea County, NM				32.346294	-103.656158
30-025-36017	RED TANK 33 FEDERAL 003	POGO PRODUCING CO	Cancelled	Lea County, NM				32.341656	-103.681036
30-025-36062	RED TANK 33 FEDERAL 002H	POGO PRODUCING CO	Cancelled	Lea County, NM				32.350776	-103.673280
30-025-36069	RED TANK 33 FEDERAL 004	POGO PRODUCING CO	Cancelled	Lea County, NM				32.350760	-103.677575
30-025-36266	RED TANK 33 FEDERAL 006	POGO PRODUCING CO	Cancelled	Lea County, NM				32.354375	-103.681047
30-025-36269	RED TANK 33 FEDERAL 007	POGO PRODUCING CO	Cancelled	Lea County, NM				32.353477	-103.678652
30-025-36372	RED TANK 35 FEDERAL 002	OXY USA INC	Active	Lea County, NM				32.349957	-103.652962
30-025-36400	RED TANK 33 FEDERAL 005	POGO PRODUCING CO	Cancelled	Lea County, NM				32.347113	-103.677571
30-025-36423	RED TANK 34 FEDERAL 016L	POGO PRODUCING CO	Cancelled	Lea County, NM				32.346594	-103.670054
30-025-36424	RED TANK 34 FEDERAL 011	POGO PRODUCING CO	Cancelled	Lea County, NM				32.346259	-103.664685
30-025-36548	RED TANK 33 FEDERAL 002	POGO PRODUCING CO	Cancelled	Lea County, NM				32.350776	-103.673280
30-025-36550	RED TANK 33 FEDERAL 003	POGO PRODUCING CO	Cancelled	Lea County, NM				32.341656	-103.681036
30-025-36551	RED TANK 33 FEDERAL 004	POGO PRODUCING CO	Cancelled	Lea County, NM				32.350760	-103.677575
30-025-37783	RED TANK 33 FEDERAL 003	POGO PRODUCING COMPANY LLC	Cancelled	Lea County, NM				32.341656	-103.681036
30-025-37784	RED TANK 33 FEDERAL 005	POGO PRODUCING COMPANY LLC	Cancelled	Lea County, NM				32.347113	-103.677571
30-025-41237	RED TANK 33 FEDERAL 001H	OXY USA INC	Active	Lea County, NM				32.341694	-103.672188
30-025-43307	RED TANK 33 FEDERAL 003C	OXY USA INC	Cancelled	Lea County, NM				32.340956	-103.681016
30-025-44062	RED TANK 30 31 STATE COM 024	OXY USA INC	Plugged (Not Released)	Lea County, NM				32.369528	-103.603995
30-025-44063	RED TANK 30 31 STATE COM 034H	OXY USA INC	Active	Lea County, NM				32.369529	-103.604578
30-025-44161	RED TANK 30 31 STATE COM 024Y	OXY USA INC	Active	Lea County, NM				32.369528	-103.603930
30-025-44193	RED TANK 30 31 STATE COM 014H	OXY USA INC	Active	Lea County, NM				32.369530	-103.605355
30-025-46994	RED TANK 3 FEDERAL 001H	Coterra Energy Operating Co.	Cancelled	Lea County, NM				32.327650	-103.656700
30-025-46995	RED TANK 3 FEDERAL 003H	Coterra Energy Operating Co.	Cancelled	Lea County, NM				32.327489	-103.656375
30-025-46996	RED TANK 3 FEDERAL 005H	Coterra Energy Operating Co.	Never Drilled	Lea County, NM				32.327489	-103.656244
30-025-46997	RED TANK 3 FEDERAL 006H	Coterra Energy Operating Co.	Cancelled	Lea County, NM				32.327722	-103.659678
30-025-46998	RED TANK 3 FEDERAL 014H	Coterra Energy Operating Co.	Active	Lea County, NM				32.327317	-103.672273
30-025-47649	RED TANK 3 FEDERAL 002H	Coterra Energy Operating Co.	Cancelled	Lea County, NM				32.327486	-103.656439
30-025-47650	RED TANK 3 FEDERAL 004H	Coterra Energy Operating Co.	Cancelled	Lea County, NM				32.327489	-103.656311
30-025-47651	RED TANK 3 FEDERAL 008H	Coterra Energy Operating Co.	New	Lea County, NM				32.327721	-103.659548
30-025-48457	RED TANK 3 FEDERAL 007H	Coterra Energy Operating Co.	New	Lea County, NM				32.327722	-103.659614

Leases included in Red Tank 3

Lease #	Lease Name	Operator	County	Monthly Oil Prod.	Monthly Gas Prod.
Lease #	Lease Name	Operator	County	Monthly Oil Prod.	Monthly Gas Prod.
13275	RED TANK 35 FEDERAL	POGO PRODUCING CO	Lea County, NM
17271	RED TANK 33 FEDERAL	POGO PRODUCING CO	Lea County, NM
17440	RED TANK 31 STATE	POGO PRODUCING CO	Lea County, NM
304515	RED TANK 33 FEDERAL	POGO PRODUCING COMPANY LLC	Lea County, NM
304937	RED TANK 30 STATE	OXY USA INC	Lea County, NM
304939	RED TANK 34 FEDERAL	OXY USA INC	Lea County, NM
304940	RED TANK 35 FEDERAL	OXY USA INC	Lea County, NM
319659	RED TANK 30 31 STATE COM	OXY USA INC	Lea County, NM
327312	RED TANK 3 FEDERAL	Coterra Energy Operating Co.	Lea County, NM
39976	RED TANK 33 FEDERAL	OXY USA INC	Lea County, NM
9343	RED TANK 34 FEDERAL	POGO PRODUCING CO	Lea County, NM

Operators Associated With Red Tank 3

Nearby Properties

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	2,557 BBLs	4,872 MCF	Dec 2025
Colibri Federal	Lea County, NM	0 BBLs	0 MCF	Mar 2019
Coriander 1	Lea County, NM	172,912 BBLs	298,105 MCF	Dec 2025
Covington A Federal	Lea County, NM	2,018 BBLs	2,148 MCF	Dec 2025
Frizzle Fry BS Federal Com	Lea County, NM	17,768 BBLs	20,660 MCF	Dec 2025
Gato Pequeno 4 Federal	Lea County, NM	17,847 BBLs	48,376 MCF	Dec 2025
Llama Mall 26 35 Federal	Lea County, NM	95,928 BBLs	376,833 MCF	Dec 2025
Mule Deer 36 State	Lea County, NM	134 BBLs	824 MCF	Dec 2025
Prize Federal	Lea County, NM	38 BBLs	62 MCF	Dec 2025
Red Tank	Lea County, NM	1,447 BBLs	1,927 MCF	Dec 2025
Red Tank 2	Lea County, NM	449 BBLs	276 MCF	Dec 2025
Red Tank 4 Federal	Lea County, NM	516 BBLs	517 MCF	Dec 2025
Redtail Federal Com	Lea County, NM	83,807 BBLs	201,701 MCF	Dec 2025
Redtail State Com	Lea County, NM	116 BBLs	233 MCF	Dec 2025
Shell State	Lea County, NM	0 BBLs	0 MCF	Feb 2025
Taco Cat 27 34 Federal Com	Lea County, NM	30,755 BBLs	342,788 MCF	Dec 2025
Thyme Apy Federal	Lea County, NM	0 BBLs	0 MCF	Apr 2018
Urraca 11 Av Federal Com	Lea County, NM	827 BBLs	13,379 MCF	Dec 2025
Urraca 11 SB Federal	Lea County, NM	1,726 BBLs	2,081 MCF	Dec 2025

Companies in the Area

These are the closest 20 companies operating near the Red Tank 3 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 Operating Co., L.P.
Devon Energy Production Co
Devon Energy Production Company, L.P.
EOG Resources, Inc.
EOG Y Resources, Inc.
Harvard Petroleum Company, LLC
Lime Rock Resources A, L.P.
Marathon Oil Permian LLC
Matador Production Company
Oxy USA Inc
Pogo Producing Company
Pogo Producing Company LLC
Samson Resources Company
Strata Production Co
Wagner Oil Company

Frac'ing activity on Red Tank 3

API #	Well Name	Start Date	End Date	Vertical Depth	Total Water Volume
30-025-41237	RED TANK 33 FEDERAL #1H
30-025-44063	RED TANK 30-31 STATE COM 34H
30-025-44161	RED TANK 30-31 STATE COM 24Y
30-025-44193	RED TANK 30-31 STATE 14H
30-025-46998	RED TANK 3 FEDERAL COM 14H