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 - Feb 2026 |
| Total Oil Production | 193,916 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 154 BBLs in Feb 2026 |
| Recent Gas Production | 0 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$13,223 *
MarketMultiple™
$25,226 **
* 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 | 2,734 BBLs | 1,848 MCF | Feb 2026 |
| Airstrip | Lea County, NM | 920 BBLs | 489 MCF | Feb 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,889 BBLs | 1,009 MCF | Feb 2026 |
| Beefalo 7 6 State Com | Lea County, NM | 20,198 BBLs | 18,339 MCF | Feb 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 | 1,250 BBLs | 796 MCF | Feb 2026 |
| Foxtail E2 05 32 W1 State Com | Lea County, NM | 9,010 BBLs | 6,397 MCF | Feb 2026 |
| Foxtail State Com | Lea County, NM | 38,828 BBLs | 59,355 MCF | Feb 2026 |
| Go State | Lea County, NM | 7,724 BBLs | 6,398 MCF | Feb 2026 |
| Mongoose Fee | Lea County, NM | 471 BBLs | 514 MCF | Feb 2026 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Quail 11 State | Lea County, NM | 3,492 BBLs | 3,100 MCF | Feb 2026 |
| Quail Queen Unit | Lea County, NM | 66 BBLs | 0 MCF | Feb 2026 |
| Rambo E2 08 17 State Com | Lea County, NM | 2,801 BBLs | 3,349 MCF | Feb 2026 |
| Santa Vaca 19 18 B | Lea County, NM | 32,943 BBLs | 52,864 MCF | Feb 2026 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,237 BBLs | 753 MCF | Feb 2026 |
| Teal 12 State Com | Lea County, NM | 1,014 BBLs | 2,425 MCF | Feb 2026 |
| Tomcat Fee | Lea County, NM | 906 BBLs | 392 MCF | Feb 2026 |
These are the closest 20 companies operating near the Reddy Gulf State property.