Oil & Gas Property in Lea County, NM
Key data points for Red Tank 3
| County | Lea County, NM |
|---|---|
| Production Dates | Mar 1993 - May 2026 |
| Total Oil Production | 4,239,544 BBLs |
| Total Gas Production | 12,540,016 MCF |
| Recent Oil Production | 6,868 BBLs in May 2026 |
| Recent Gas Production | 72,624 MCF in May 2026 |
| Wells on Property | 60 |
Our Valuation Estimates for Red Tank 3
ShaleAssessment™
Not Available
MarketMultiple™
$1,013,008 **
* 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 | 1,832 BBLs | 2,919 MCF | May 2026 |
| Colibri Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2019 |
| Coriander 1 | Lea County, NM | 133,867 BBLs | 294,135 MCF | May 2026 |
| Covington A Federal | Lea County, NM | 1,851 BBLs | 1,272 MCF | May 2026 |
| Frizzle Fry BS Federal Com | Lea County, NM | 29,927 BBLs | 38,954 MCF | May 2026 |
| Gato Pequeno 4 Federal | Lea County, NM | 5,755 BBLs | 7,338 MCF | May 2026 |
| Llama Mall 26 35 Federal | Lea County, NM | 78,519 BBLs | 221,522 MCF | May 2026 |
| Mule Deer 36 State | Lea County, NM | 137 BBLs | 1,108 MCF | May 2026 |
| Prize Federal | Lea County, NM | 52 BBLs | 26 MCF | May 2026 |
| Red Tank | Lea County, NM | 1,333 BBLs | 677 MCF | May 2026 |
| Red Tank 2 | Lea County, NM | 1,112 BBLs | 855 MCF | May 2026 |
| Red Tank 4 Federal | Lea County, NM | 0 BBLs | 28 MCF | May 2026 |
| Redtail Federal Com | Lea County, NM | 42,756 BBLs | 95,924 MCF | May 2026 |
| Redtail State Com | Lea County, NM | 0 BBLs | 0 MCF | Feb 2026 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 38,962 BBLs | 121,211 MCF | May 2026 |
| Thyme Apy Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Urraca 11 Av Federal Com | Lea County, NM | 786 BBLs | 8,102 MCF | May 2026 |
| Urraca 11 SB Federal | Lea County, NM | 968 BBLs | 1,539 MCF | May 2026 |
These are the closest 20 companies operating near the Red Tank 3 property.