Oil Property in Lea County, NM
Key data points for Reddy Gulf State
| County | Lea County, NM |
|---|---|
| Operator | YATES ENERGY CORPORATION |
| Production Dates | Jan 1993 - Dec 2025 |
| Total Oil Production | 193,589 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$13,542 *
MarketMultiple™
$32,163 **
* 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 Reddy Gulf State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 2,374 BBLs | 1,380 MCF | Jan 2026 |
| Airstrip | Lea County, NM | 1,231 BBLs | 527 MCF | Jan 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 2,348 BBLs | 1,152 MCF | Jan 2026 |
| Beefalo 7 6 State Com | Lea County, NM | 26,185 BBLs | 28,471 MCF | Jan 2026 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Cuatro Hijos Fee | Lea County, NM | 1,283 BBLs | 820 MCF | Jan 2026 |
| Foxtail E2 05 32 W1 State Com | Lea County, NM | 10,569 BBLs | 6,721 MCF | Jan 2026 |
| Foxtail State Com | Lea County, NM | 39,637 BBLs | 60,459 MCF | Jan 2026 |
| Go State | Lea County, NM | 9,721 BBLs | 8,483 MCF | Jan 2026 |
| Mongoose Fee | Lea County, NM | 495 BBLs | 652 MCF | Jan 2026 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Quail 11 State | Lea County, NM | 3,486 BBLs | 2,834 MCF | Jan 2026 |
| Quail Queen Unit | Lea County, NM | 44 BBLs | 0 MCF | Jan 2026 |
| Rambo E2 08 17 State Com | Lea County, NM | 2,667 BBLs | 2,479 MCF | Jan 2026 |
| Santa Vaca 19 18 B | Lea County, NM | 30,383 BBLs | 53,299 MCF | Jan 2026 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,115 BBLs | 658 MCF | Jan 2026 |
| Teal 12 State Com | Lea County, NM | 1,063 BBLs | 2,345 MCF | Jan 2026 |
| Tomcat Fee | Lea County, NM | 921 BBLs | 254 MCF | Jan 2026 |
These are the closest 20 companies operating near the Reddy Gulf State property.