Reddy Gulf State

Oil Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Reddy Gulf State Oil Property

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Property Summary

Key data points for Reddy Gulf State

CountyLea County, NM
OperatorYATES ENERGY CORPORATION
Production DatesJan 1993 - Feb 2025
Total Oil Production190,803 BBLs
Total Gas Production0 MCF
Recent Oil Production372 BBLs in Feb 2025
Recent Gas Production0 MCF in Feb 2025
Wells on Property3

Our Valuation Estimates for Reddy Gulf State

ShaleAssessment™

$15,432 *

MarketMultiple™

$51,611 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reddy Gulf State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reddy Gulf State
from Jan 1993 to Feb 2025

Wells on Reddy Gulf State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-21149REDDY GULF STATE 001YATES ENERGY CORPPluggedLea County, NM32.666130-103.503204
30-025-29041REDDY GULF STATE 002YATES ENERGY CORPActiveLea County, NM32.666115-103.498917
30-025-29568REDDY GULF STATE 003YATES ENERGY CORPActiveLea County, NM32.663414-103.504273

Leases included in Reddy Gulf State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
11957REDDY GULF STATEYATES ENERGY CORPLea County, NM

Nearby Properties

These are the closest 20 properties to the Reddy Gulf State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM3,158 BBLs2,413 MCFFeb 2025
AirstripLea County, NM940 BBLs438 MCFFeb 2025
Airstrip 6 State Com 00Lea County, NM1,587 BBLs750 MCFFeb 2025
Beefalo 7 6 State ComLea County, NM42,434 BBLs39,169 MCFFeb 2025
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
Cuatro Hijos FeeLea County, NM1,298 BBLs331 MCFFeb 2025
Foxtail State ComLea County, NM91,793 BBLs55,924 MCFFeb 2025
Go StateLea County, NM9,386 BBLs3,520 MCFFeb 2025
Gong Worthy State ComLea County, NM13,714 BBLs8,484 MCFFeb 2025
Hefeweizen State ComLea County, NM16,384 BBLs16,968 MCFFeb 2025
Mongoose FeeLea County, NM623 BBLs751 MCFFeb 2025
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Perla Negra Federal ComLea County, NM6,784 BBLs6,974 MCFFeb 2025
Quail 11 StateLea County, NM2,432 BBLs2,231 MCFFeb 2025
Quail Queen UnitLea County, NM59 BBLs0 MCFFeb 2025
Santa Vaca 19 18 BLea County, NM51,258 BBLs66,555 MCFFeb 2025
ScharbLea County, NM0 BBLs0 MCFJun 2021
Super Cobra State ComLea County, NM1,414 BBLs63 MCFFeb 2025
Teal 12 State ComLea County, NM1,082 BBLs2,439 MCFFeb 2025

Companies in the Area

These are the closest 20 companies operating near the Reddy Gulf State property.

Company Name
B2J, L.L.C.
BC Operating, Inc.
BXP Operating, LLC
Cameron Oil & Gas Inc
Chevron USA Inc
COG Operating LLC
Coterra Energy Operating Co.
Dallas Production
Franklin Mountain Energy 3, LLC
Linn Operating LLC
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
Mewbourne Oil Company
O'Neil Properties LTD
Pride Energy Company
Read & Stevens, Inc.
Saguaro Petroleum, LLC
Smith & Marrs Inc.
XTO Energy Inc.