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 - Nov 2025 |
| Total Oil Production | 193,404 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 138 BBLs in Nov 2025 |
| Recent Gas Production | 0 MCF in Nov 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$13,736 *
MarketMultiple™
$40,462 **
* 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 | 1,858 BBLs | 848 MCF | Nov 2025 |
| Airstrip | Lea County, NM | 1,512 BBLs | 714 MCF | Nov 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 25,855 BBLs | 27,159 MCF | Nov 2025 |
| 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 | 1,571 BBLs | 861 MCF | Nov 2025 |
| Foxtail E2 05 32 W1 State Com | Lea County, NM | 8,738 BBLs | 5,596 MCF | Nov 2025 |
| Foxtail State Com | Lea County, NM | 56,302 BBLs | 96,011 MCF | Nov 2025 |
| Go State | Lea County, NM | 11,343 BBLs | 9,639 MCF | Nov 2025 |
| Mongoose Fee | Lea County, NM | 471 BBLs | 594 MCF | Nov 2025 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 13,360 BBLs | 13,894 MCF | Nov 2025 |
| Quail 11 State | Lea County, NM | 2,600 BBLs | 2,424 MCF | Nov 2025 |
| Quail Queen Unit | Lea County, NM | 62 BBLs | 0 MCF | Nov 2025 |
| Rambo E2 08 17 State Com | Lea County, NM | 4,473 BBLs | 6,527 MCF | Nov 2025 |
| Santa Vaca 19 18 B | Lea County, NM | 41,016 BBLs | 68,299 MCF | Nov 2025 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,430 BBLs | 835 MCF | Nov 2025 |
| Teal 12 State Com | Lea County, NM | 1,142 BBLs | 2,699 MCF | Nov 2025 |
| Tomcat Fee | Lea County, NM | 877 BBLs | 273 MCF | Nov 2025 |
These are the closest 20 companies operating near the Reddy Gulf State property.