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 - Feb 2025 |
| Total Oil Production | 246,126 BBLs |
| Total Gas Production | 578,055 MCF |
| Recent Oil Production | 653 BBLs in Feb 2025 |
| Recent Gas Production | 3,052 MCF in Feb 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,171 *
MarketMultiple™
$91,870 **
* 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 | 109,031 BBLs | 400,706 MCF | Feb 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 2,107 BBLs | 47,519 MCF | Feb 2025 |
| Corvo Federal | Lea County, NM | 1,544 BBLs | 2,822 MCF | Feb 2025 |
| Cotton Draw | Lea County, NM | 394,384 BBLs | 3,157,617 MCF | Feb 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 27,645 BBLs | 248,893 MCF | Feb 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 779 BBLs | 2,379 MCF | Feb 2025 |
| King Tut Federal | Lea County, NM | 2,950 BBLs | 15,923 MCF | Feb 2025 |
| Lippizzan 4 Federal | Lea County, NM | 911 BBLs | 1,291 MCF | Feb 2025 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 93,031 BBLs | 423,868 MCF | Feb 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 156,698 BBLs | 1,023,870 MCF | Feb 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 314,032 BBLs | 820,896 MCF | Feb 2025 |
| Outrider | Lea County, NM | 185,109 BBLs | 385,403 MCF | Feb 2025 |
| Outrider 28 Federal Com | Lea County, NM | 244,032 BBLs | 453,487 MCF | Feb 2025 |
| Poker Bix | Eddy County, NM | 379 BBLs | 669 MCF | Feb 2025 |
| Rebel 20 Federal | Lea County, NM | 10,529 BBLs | 16,406 MCF | Feb 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 4,573 BBLs | 222,550 MCF | Feb 2025 |
| Trionyx 6 Federal | Lea County, NM | 4,227 BBLs | 26,306 MCF | Feb 2025 |
| Windward Federal | Lea County, NM | 9,850 BBLs | 392,709 MCF | Feb 2025 |
These are the closest 20 companies operating near the Redhead 31 Federal property.