Oil & Gas Property in Lea County, NM
Key data points for Red Tank 3
| County | Lea County, NM |
|---|---|
| Production Dates | Mar 1993 - Nov 2025 |
| Total Oil Production | 4,191,822 BBLs |
| Total Gas Production | 12,320,980 MCF |
| Recent Oil Production | 7,339 BBLs in Nov 2025 |
| Recent Gas Production | 49,286 MCF in Nov 2025 |
| Wells on Property | 60 |
Our Valuation Estimates for Red Tank 3
ShaleAssessment™
Not Available
MarketMultiple™
$1,270,630 **
* 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 | 2,976 BBLs | 7,963 MCF | Nov 2025 |
| Colibri Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2019 |
| Coriander 1 | Lea County, NM | 45,082 BBLs | 172,226 MCF | Nov 2025 |
| Covington A Federal | Lea County, NM | 2,203 BBLs | 1,778 MCF | Nov 2025 |
| Frizzle Fry BS Federal Com | Lea County, NM | 25,968 BBLs | 29,647 MCF | Nov 2025 |
| Gato Pequeno 4 Federal | Lea County, NM | 7,063 BBLs | 11,755 MCF | Nov 2025 |
| Llama Mall 26 35 Federal | Lea County, NM | 91,051 BBLs | 287,723 MCF | Nov 2025 |
| Mule Deer 36 State | Lea County, NM | 147 BBLs | 871 MCF | Nov 2025 |
| Prize Federal | Lea County, NM | 167 BBLs | 50 MCF | Nov 2025 |
| Red Tank | Lea County, NM | 983 BBLs | 1,249 MCF | Nov 2025 |
| Red Tank 2 | Lea County, NM | 16 BBLs | 156 MCF | Nov 2025 |
| Red Tank 4 Federal | Lea County, NM | 587 BBLs | 577 MCF | Nov 2025 |
| Redtail Federal Com | Lea County, NM | 83,588 BBLs | 201,961 MCF | Nov 2025 |
| Redtail State Com | Lea County, NM | 622 BBLs | 840 MCF | Nov 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Taco Cat 27 34 Federal Com | Lea County, NM | 36,631 BBLs | 277,690 MCF | Nov 2025 |
| Thyme Apy Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Urraca 11 Av Federal Com | Lea County, NM | 1,268 BBLs | 16,794 MCF | Nov 2025 |
| Urraca 11 SB Federal | Lea County, NM | 2,153 BBLs | 2,799 MCF | Nov 2025 |
These are the closest 20 companies operating near the Red Tank 3 property.