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 2024 |
| Total Oil Production | 186,314 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 411 BBLs in Jan 2024 |
| Recent Gas Production | 0 MCF in Jan 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$18,010 *
MarketMultiple™
$48,976 **
* 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 | 1,585 BBLs | 1,064 MCF | Jan 2024 |
| Airstrip | Lea County, NM | 390 BBLs | 233 MCF | Jan 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,402 BBLs | 676 MCF | Jan 2024 |
| 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 | 968 BBLs | 464 MCF | Jan 2024 |
| Foxtail E2 05 32 W1 State Com | Lea County, NM | 10,020 BBLs | 9,895 MCF | Jan 2024 |
| Go State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Government | Lea County, NM | 425 BBLs | 365 MCF | Feb 2024 |
| Mongoose Fee | Lea County, NM | 590 BBLs | 1,003 MCF | Jan 2024 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 16,508 BBLs | 17,382 MCF | Jan 2024 |
| Quail 11 State | Lea County, NM | 3,753 BBLs | 3,167 MCF | Feb 2024 |
| Quail Queen Unit | Lea County, NM | 218 BBLs | 0 MCF | Feb 2024 |
| Rambo E2 08 17 State Com | Lea County, NM | 6,622 BBLs | 3,814 MCF | Jan 2024 |
| Santa Vaca 19 18 B | Lea County, NM | 74,426 BBLs | 95,923 MCF | Jan 2024 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,864 BBLs | 781 MCF | Jan 2024 |
| Teal 12 State Com | Lea County, NM | 1,598 BBLs | 2,341 MCF | Feb 2024 |
| Tomcat Fee | Lea County, NM | 460 BBLs | 93 MCF | Jan 2024 |
These are the closest 20 companies operating near the Reddy Gulf State property.