Red Tank

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Red Tank Oil & Gas Property

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Property Summary

Key data points for Red Tank

CountyLea County, NM
Production DatesFeb 1993 - Jul 2025
Total Oil Production3,212,926 BBLs
Total Gas Production5,836,848 MCF
Recent Oil Production1,264 BBLs in Jul 2025
Recent Gas Production1,562 MCF in Jul 2025
Wells on Property34

Our Valuation Estimates for Red Tank

ShaleAssessment™

$387,760 *

MarketMultiple™

$100,014 **

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

Based on a decimal interest

Red Tank 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
from Feb 1993 to Jul 2025

Wells on Red Tank

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-08113RED TANK FEDERAL 002EOG RESOURCES INCActiveLea County, NM32.385963-103.647713
30-025-31656RED TANK 28 FEDERAL 002POGO PRODUCING COCancelledLea County, NM32.357126-103.673287
30-025-31661RED TANK 28 FEDERAL 001OXY USA INCActiveLea County, NM32.368942-103.672218
30-025-31695RED TANK 23 FEDERAL 001OXY USA INCActiveLea County, NM32.370960-103.639099
30-025-31754RED TANK 28 FEDERAL 003OXY USA INCActiveLea County, NM32.368919-103.678635
30-025-31855RED TANK 26 FEDERAL 001OXY USA INCActiveLea County, NM32.360584-103.647949
30-025-32103RED TANK 23 FEDERAL 002OXY USA INCActiveLea County, NM32.375767-103.640175
30-025-32186RED TANK 28 FEDERAL 009POGO PRODUCING COCancelledLea County, NM32.359140-103.678658
30-025-32320RED TANK 24 FEDERAL 002OXY USA INCActiveLea County, NM32.376354-103.629486
30-025-32326RED TANK 24 FEDERAL 001OXY USA INCActiveLea County, NM32.372364-103.630547
30-025-32386RED TANK 26 FEDERAL 004OXY USA INCActiveLea County, NM32.361752-103.652969
30-025-32387RED TANK 26 FEDERAL 005OXY USA INCActiveLea County, NM32.358120-103.652969
30-025-32388RED TANK 26 FEDERAL 006OXY USA INCActiveLea County, NM32.369034-103.648705
30-025-32462RED TANK 26 FEDERAL 002OXY USA INCActiveLea County, NM32.369026-103.651909
30-025-32463RED TANK 26 FEDERAL 003OXY USA INCPluggedLea County, NM32.364487-103.652969
30-025-32469RED TANK FEDERAL 001EOG RESOURCES INCActiveLea County, NM32.385380-103.647644
30-025-32507RED TANK FEDERAL 003EOG RESOURCES INCPluggedLea County, NM32.385372-103.650848
30-025-32528RED TANK FEDERAL 004EOG RESOURCES INCActiveLea County, NM32.389011-103.647148
30-025-32539RED TANK FEDERAL 005EOG RESOURCES INCPluggedLea County, NM32.385387-103.644463
30-025-32544RED TANK FEDERAL 007BURLINGTON RESOURCES OIL & GAS COCancelledLea County, NM32.388994-103.651914
30-025-32545RED TANK FEDERAL 006EOG RESOURCES INCActiveLea County, NM32.389019-103.643402
30-025-32681RED TANK 26 FEDERAL 007OXY USA INCActiveLea County, NM32.365406-103.648697
30-025-32947RED TANK 26 FEDERAL 009OXY USA INCActiveLea County, NM32.369041-103.646561
30-025-32982RED TANK 26 FEDERAL 010POGO PRODUCING COCancelledLea County, NM32.365407-103.647599
30-025-33010RED TANK 26 FEDERAL 008OXY USA INCPluggedLea County, NM32.356796-103.646553
30-025-34221RED TANK 28 FEDERAL 006OXY USA INCPluggedLea County, NM32.361668-103.672211
30-025-34458RED TANK 28 FEDERAL 002POGO PRODUCING COCancelledLea County, NM32.358037-103.672214
30-025-34459RED TANK 28 FEDERAL 005POGO PRODUCING COCancelledLea County, NM32.365313-103.672220
30-025-35689RED TANK 23 FEDERAL 002EOG RESOURCES INCPluggedLea County, NM32.371758-103.647636
30-025-36549RED TANK 26 FEDERAL 013POGO PRODUCING COCancelledLea County, NM32.368128-103.647602
30-025-37447RED TANK 26 FEDERAL 013POGO PRODUCING COMPANY LLCCancelledLea County, NM32.368132-103.646528
30-025-37595RED TANK 28 FEDERAL 005OXY USA INCCancelledLea County, NM32.365313-103.672220
30-025-37972RED TANK 26 FEDERAL 015POGO PRODUCING COMPANY LLCCancelledLea County, NM32.367047-103.650627
30-025-41885RED TANK 31 STATE 005HOXY USA INCActiveLea County, NM32.353699-103.603561

Leases included in Red Tank

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
14795RED TANK FEDERALBURLINGTON RESOURCES OIL & GAS COLea County, NM
15014RED TANK FEDERALEOG RESOURCES INCLea County, NM
29156RED TANK 23 FEDERALEOG RESOURCES INCLea County, NM
304511RED TANK 26 FEDERALPOGO PRODUCING COMPANY LLCLea County, NM
304933RED TANK 23 FEDERALOXY USA INCLea County, NM
304934RED TANK 24 FEDERALOXY USA INCLea County, NM
304935RED TANK 26 FEDERALOXY USA INCLea County, NM
304936RED TANK 28 FEDERALOXY USA INCLea County, NM
304938RED TANK 31 STATEOXY USA INCLea County, NM
9341RED TANK 26 FEDERALPOGO PRODUCING COLea County, NM
9342RED TANK 28 FEDERALPOGO PRODUCING COLea County, NM

Operators Associated With Red Tank

Nearby Properties

These are the closest 20 properties to the Red Tank property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bootleg RidgeLea County, NM0 BBLs0 MCFFeb 2000
Calmon 30 StateLea County, NM0 BBLs0 MCFJun 2025
Cercion FederalLea County, NM234 BBLs51 MCFJul 2025
Checkerboard 2Lea County, NM191 BBLs707 MCFJul 2025
Checkers 24 FederalLea County, NM165 BBLs1,817 MCFAug 2025
Covington A FederalLea County, NM1,626 BBLs1,026 MCFJul 2025
FederalLea County, NM0 BBLs0 MCFApr 2024
Frizzle Fry BS Federal ComLea County, NM23,019 BBLs26,772 MCFAug 2025
Jackalope 24 FederalLea County, NM0 BBLs0 MCFOct 2022
LechuzaLea County, NM6 BBLs0 MCFJul 2025
Llama Mall 26 35 FederalLea County, NM120,093 BBLs286,457 MCFJul 2025
Prize FederalLea County, NM329 BBLs93 MCFJul 2025
Red Tank 2Lea County, NM604 BBLs1,229 MCFJul 2025
Red Tank 24Lea County, NM0 BBLs2,558 MCFJul 2025
Red Tank 3Lea County, NM7,546 BBLs116,231 MCFJul 2025
Redchecker 14 FederalLea County, NM126 BBLs277 MCFJul 2025
Shell StateLea County, NM0 BBLs0 MCFOct 2024
Stack Cats 25 36 Federal ComLea County, NM84,431 BBLs221,411 MCFJul 2025
Taco Cat 27 34 Federal ComLea County, NM44,871 BBLs135,522 MCFJul 2025
WBR FederalLea County, NM127 BBLs1,514 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Red Tank property.

Company Name
Burlington Resources Oil And Gas Co.
C W Trainer
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Operating Co., L.P.
Devon Energy Production Co
Devon Energy Production Company LP
EOG Resources, Inc.
EOG Y Resources Inc
Harvard Petroleum Company, LLC
Maralo, LLC
Marathon Oil Permian LLC
Oxy USA Inc
Phillips Petroleum Company
Pogo Producing Company
Pogo Producing Company LLC
Samson Resources Company
Strata Production Co
Sunset Well Service Holdings Inc
Wagner Oil Company

Frac'ing activity on Red Tank

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-32681RED TANK 26 FEDERAL 007
30-025-41885RED TANK 31 STATE 5H