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 - Sep 2025 |
| Total Oil Production | 193,209 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 318 BBLs in Aug 2025 |
| Recent Gas Production | 0 MCF in Aug 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$14,119 *
MarketMultiple™
$41,110 **
* 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 | 3,358 BBLs | 2,840 MCF | Oct 2025 |
| Airstrip | Lea County, NM | 1,293 BBLs | 379 MCF | Oct 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,912 BBLs | 1,022 MCF | Oct 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 32,407 BBLs | 38,060 MCF | Sep 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 | 1,778 BBLs | 1,006 MCF | Oct 2025 |
| Foxtail State Com | Lea County, NM | 72,092 BBLs | 108,084 MCF | Oct 2025 |
| Go State | Lea County, NM | 15,338 BBLs | 13,879 MCF | Oct 2025 |
| Gong Worthy State Com | Lea County, NM | 9,862 BBLs | 5,177 MCF | Oct 2025 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 13,311 BBLs | 13,311 MCF | Oct 2025 |
| Quail 11 State | Lea County, NM | 3,254 BBLs | 2,755 MCF | Oct 2025 |
| Quail Queen Unit | Lea County, NM | 58 BBLs | 0 MCF | Sep 2025 |
| Rambo E2 08 17 State Com | Lea County, NM | 3,784 BBLs | 4,972 MCF | Oct 2025 |
| Santa Vaca 19 18 B | Lea County, NM | 34,070 BBLs | 38,782 MCF | Sep 2025 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,401 BBLs | 1,192 MCF | Oct 2025 |
| Teal 12 State Com | Lea County, NM | 1,116 BBLs | 2,971 MCF | Oct 2025 |
| Tomcat Fee | Lea County, NM | 682 BBLs | 130 MCF | Oct 2025 |
These are the closest 20 companies operating near the Reddy Gulf State property.