Red Tank

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Red Tank

CountyLea County, NM
Production DatesFeb 1993 - Jan 2024
Total Oil Production3,197,426 BBLs
Total Gas Production5,811,910 MCF
Recent Oil Production993 BBLs in Jan 2024
Recent Gas Production713 MCF in Jan 2024
Wells on Property34

Our Valuation Estimates for Red Tank

ShaleAssessment

$509,923 *

MarketMultiple

$90,112 **

* 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 Jan 2024

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 COCancelled ApdLea 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 COCancelled ApdLea 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 INCPlugged, Site ReleasedLea 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 INCActiveLea 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 INCPlugged, Site ReleasedLea County, NM32.385387-103.644463
30-025-32544RED TANK FEDERAL 007BURLINGTON RESOURCES OIL & GAS COCancelled ApdLea 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 COCancelled ApdLea County, NM32.365407-103.647599
30-025-33010RED TANK 26 FEDERAL 008OXY USA INCPlugged, Site ReleasedLea County, NM32.356796-103.646553
30-025-34221RED TANK 28 FEDERAL 006OXY USA INCPlugged, Site ReleasedLea County, NM32.361668-103.672211
30-025-34458RED TANK 28 FEDERAL 002POGO PRODUCING COCancelled ApdLea County, NM32.358037-103.672214
30-025-34459RED TANK 28 FEDERAL 005POGO PRODUCING COCancelled ApdLea County, NM32.365313-103.672220
30-025-35689RED TANK 23 FEDERAL 002EOG RESOURCES INCActiveLea County, NM32.371758-103.647636
30-025-36549RED TANK 26 FEDERAL 013POGO PRODUCING COCancelled ApdLea County, NM32.368128-103.647602
30-025-37447RED TANK 26 FEDERAL 013POGO PRODUCING COMPANY LLCCancelled ApdLea County, NM32.368132-103.646528
30-025-37595RED TANK 28 FEDERAL 005OXY USA INCCancelled ApdLea County, NM32.365313-103.672220
30-025-37972RED TANK 26 FEDERAL 015POGO PRODUCING COMPANY LLCCancelled ApdLea 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

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
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LechuzaLea County, NM80 BBLs0 MCFJan 2024
Llama Mall 26 35 FederalLea County, NM967 BBLs796 MCFJan 2024
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Red Tank 2Lea County, NM0 BBLs918 MCFJan 2024
Red Tank 24Lea County, NM0 BBLs423 MCFJan 2024
Red Tank 3Lea County, NM8,549 BBLs86,905 MCFFeb 2024
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