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 - May 2026 |
| Total Oil Production | 194,367 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 204 BBLs in May 2026 |
| Recent Gas Production | 0 MCF in May 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$12,742 *
MarketMultiple™
$15,647 **
* 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 | 2,411 BBLs | 1,294 MCF | May 2026 |
| Airstrip | Lea County, NM | 1,720 BBLs | 667 MCF | May 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,870 BBLs | 1,008 MCF | May 2026 |
| Beefalo 7 6 State Com | Lea County, NM | 22,013 BBLs | 24,024 MCF | May 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 | 756 BBLs | 362 MCF | May 2026 |
| Foxtail E2 05 32 W1 State Com | Lea County, NM | 9,071 BBLs | 7,677 MCF | May 2026 |
| Foxtail State Com | Lea County, NM | 39,557 BBLs | 67,465 MCF | May 2026 |
| Go State | Lea County, NM | 6,769 BBLs | 5,432 MCF | May 2026 |
| Mongoose Fee | Lea County, NM | 413 BBLs | 268 MCF | May 2026 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Quail 11 State | Lea County, NM | 3,541 BBLs | 4,069 MCF | May 2026 |
| Quail Queen Unit | Lea County, NM | 74 BBLs | 0 MCF | May 2026 |
| Rambo E2 08 17 State Com | Lea County, NM | 4,346 BBLs | 4,032 MCF | May 2026 |
| Santa Vaca 19 18 B | Lea County, NM | 31,329 BBLs | 54,389 MCF | May 2026 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 880 BBLs | 561 MCF | May 2026 |
| Teal 12 State Com | Lea County, NM | 1,069 BBLs | 2,425 MCF | May 2026 |
| Tomcat Fee | Lea County, NM | 735 BBLs | 321 MCF | May 2026 |
These are the closest 20 companies operating near the Reddy Gulf State property.