Oil & Gas Property in Lea County, NM
Key data points for Redhead 31 Federal
| County | Lea County, NM |
|---|---|
| Operator | COG PRODUCTION LLC |
| Production Dates | Apr 2013 - Jul 2026 |
| Total Oil Production | 263,288 BBLs |
| Total Gas Production | 624,532 MCF |
| Recent Oil Production | 1,318 BBLs in Jun 2026 |
| Recent Gas Production | 2,226 MCF in Jun 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$1,729 *
MarketMultiple™
$186,720 **
* 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 Redhead 31 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azores Federal | Lea County, NM | 49,613 BBLs | 224,607 MCF | Jul 2026 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 8,438 BBLs | 63,956 MCF | Jun 2026 |
| Corvo Federal | Lea County, NM | 1,716 BBLs | 4,397 MCF | Jul 2026 |
| Cotton Draw | Lea County, NM | 275,428 BBLs | 2,454,421 MCF | Jul 2026 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 80,116 BBLs | 557,749 MCF | Jun 2026 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 1,300 BBLs | 2,556 MCF | Jun 2026 |
| King Tut Federal | Lea County, NM | 1,181 BBLs | 10,779 MCF | Jul 2026 |
| Lippizzan 4 Federal | Lea County, NM | 1,964 BBLs | 10,634 MCF | Jun 2026 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 58,417 BBLs | 502,212 MCF | Jun 2026 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 63,596 BBLs | 385,392 MCF | Jun 2026 |
| Outrider | Lea County, NM | 80,053 BBLs | 354,396 MCF | Jun 2026 |
| Outrider 28 Federal Com | Lea County, NM | 96,224 BBLs | 454,186 MCF | Jun 2026 |
| Paint 33 Federal | Lea County, NM | 5,782 BBLs | 10,212 MCF | Jun 2026 |
| Rebel 20 Federal | Lea County, NM | 6,414 BBLs | 10,224 MCF | Jun 2026 |
| SND 14 23 Federal Com | Eddy County, NM | 61,183 BBLs | 185,069 MCF | Jun 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 3,946 BBLs | 141,555 MCF | Jun 2026 |
| Trionyx 6 Federal | Lea County, NM | 2,574 BBLs | 20,811 MCF | Jun 2026 |
| Windward Federal | Lea County, NM | 316,955 BBLs | 1,253,881 MCF | Jul 2026 |
These are the closest 20 companies operating near the Redhead 31 Federal property.