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 - Jul 2025 |
| Total Oil Production | 192,703 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 380 BBLs in Jul 2025 |
| Recent Gas Production | 0 MCF in Jul 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$14,495 *
MarketMultiple™
$43,230 **
* 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 | 1,878 BBLs | 1,454 MCF | Jul 2025 |
| Airstrip | Lea County, NM | 260 BBLs | 81 MCF | Jul 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,788 BBLs | 487 MCF | Jul 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 34,227 BBLs | 39,652 MCF | Jul 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 | 1,705 BBLs | 1,019 MCF | Jul 2025 |
| Foxtail State Com | Lea County, NM | 77,655 BBLs | 120,574 MCF | Aug 2025 |
| Go State | Lea County, NM | 9,390 BBLs | 6,930 MCF | Jul 2025 |
| Mongoose Fee | Lea County, NM | 516 BBLs | 425 MCF | Jul 2025 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 12,593 BBLs | 11,575 MCF | Jul 2025 |
| Quail 11 State | Lea County, NM | 2,350 BBLs | 2,528 MCF | Jul 2025 |
| Quail Queen Unit | Lea County, NM | 79 BBLs | 0 MCF | Jul 2025 |
| Rambo E2 08 17 State Com | Lea County, NM | 10,903 BBLs | 11,098 MCF | Aug 2025 |
| Santa Vaca 19 18 B | Lea County, NM | 35,566 BBLs | 37,819 MCF | Jul 2025 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,429 BBLs | 848 MCF | Jul 2025 |
| Teal 12 State Com | Lea County, NM | 1,202 BBLs | 3,106 MCF | Jul 2025 |
| Tomcat Fee | Lea County, NM | 768 BBLs | 66 MCF | Jul 2025 |
These are the closest 20 companies operating near the Reddy Gulf State property.