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 - Oct 2025 |
| Total Oil Production | 250,511 BBLs |
| Total Gas Production | 596,287 MCF |
| Recent Oil Production | 526 BBLs in Sep 2025 |
| Recent Gas Production | 2,494 MCF in Sep 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$1,948 *
MarketMultiple™
$76,038 **
* 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 | 79,609 BBLs | 318,543 MCF | Oct 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 16,915 BBLs | 67,092 MCF | Sep 2025 |
| Corvo Federal | Lea County, NM | 1,052 BBLs | 1,095 MCF | Oct 2025 |
| Cotton Draw | Lea County, NM | 398,305 BBLs | 3,048,964 MCF | Oct 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 245,907 BBLs | 1,257,980 MCF | Sep 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 379 BBLs | 882 MCF | Oct 2025 |
| King Tut Federal | Lea County, NM | 3,053 BBLs | 17,886 MCF | Oct 2025 |
| Lippizzan 4 Federal | Lea County, NM | 3,708 BBLs | 13,062 MCF | Sep 2025 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 83,854 BBLs | 586,430 MCF | Sep 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 79,112 BBLs | 484,113 MCF | Sep 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 58,272 BBLs | 269,313 MCF | Sep 2025 |
| Outrider | Lea County, NM | 143,227 BBLs | 504,597 MCF | Sep 2025 |
| Outrider 28 Federal Com | Lea County, NM | 171,341 BBLs | 546,051 MCF | Sep 2025 |
| Paint 33 Federal | Lea County, NM | 2,137 BBLs | 2,695 MCF | Sep 2025 |
| Rebel 20 Federal | Lea County, NM | 12,166 BBLs | 19,816 MCF | Sep 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,049 BBLs | 215,600 MCF | Sep 2025 |
| Trionyx 6 Federal | Lea County, NM | 5,144 BBLs | 35,370 MCF | Sep 2025 |
| Windward Federal | Lea County, NM | 13,833 BBLs | 463,659 MCF | Oct 2025 |
These are the closest 20 companies operating near the Redhead 31 Federal property.