Oil & Gas Property in Lea County, NM
Key data points for Red Tank
County | Lea County, NM |
---|---|
Production Dates | Feb 1993 - Jun 2025 |
Total Oil Production | 3,211,662 BBLs |
Total Gas Production | 5,835,220 MCF |
Recent Oil Production | 957 BBLs in Jun 2025 |
Recent Gas Production | 1,066 MCF in Jun 2025 |
Wells on Property | 34 |
Our Valuation Estimates for Red Tank
ShaleAssessment™
$394,017 *
MarketMultiple™
$99,053 **
* 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 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Bootleg Ridge | Lea County, NM | 0 BBLs | 0 MCF | Feb 2000 |
Calmon 30 State | Lea County, NM | 2 BBLs | 0 MCF | Jun 2025 |
Cercion Federal | Lea County, NM | 247 BBLs | 0 MCF | Jun 2025 |
Checkerboard 2 | Lea County, NM | 87 BBLs | 542 MCF | Jun 2025 |
Checkers 24 Federal | Lea County, NM | 6 BBLs | 588 MCF | Jun 2025 |
Covington A Federal | Lea County, NM | 2,576 BBLs | 1,132 MCF | Jun 2025 |
Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
Frizzle Fry BS Federal Com | Lea County, NM | 28,147 BBLs | 30,562 MCF | Jul 2025 |
Jackalope 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
Lechuza | Lea County, NM | 48 BBLs | 0 MCF | Jun 2025 |
Llama Mall 26 35 Federal | Lea County, NM | 122,087 BBLs | 280,699 MCF | Jun 2025 |
Prize Federal | Lea County, NM | 191 BBLs | 45 MCF | Jun 2025 |
Red Tank 2 | Lea County, NM | 305 BBLs | 991 MCF | Jun 2025 |
Red Tank 24 | Lea County, NM | 0 BBLs | 2,782 MCF | Jun 2025 |
Red Tank 3 | Lea County, NM | 9,267 BBLs | 104,737 MCF | Jun 2025 |
Redchecker 14 Federal | Lea County, NM | 65 BBLs | 172 MCF | Jun 2025 |
Shell State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
Stack Cats 25 36 Federal Com | Lea County, NM | 87,760 BBLs | 230,732 MCF | Jun 2025 |
Taco Cat 27 34 Federal Com | Lea County, NM | 45,360 BBLs | 133,231 MCF | Jun 2025 |
WBR Federal | Lea County, NM | 388 BBLs | 2,437 MCF | Jun 2025 |
These are the closest 20 companies operating near the Red Tank property.