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 2026 |
| Total Oil Production | 253,954 BBLs |
| Total Gas Production | 608,022 MCF |
| Recent Oil Production | 1,867 BBLs in Feb 2026 |
| Recent Gas Production | 2,813 MCF in Feb 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$1,842 *
MarketMultiple™
$75,322 **
* 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 | 76,340 BBLs | 310,143 MCF | Feb 2026 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 21,757 BBLs | 92,655 MCF | Feb 2026 |
| Corvo Federal | Lea County, NM | 1,773 BBLs | 3,554 MCF | Feb 2026 |
| Cotton Draw | Lea County, NM | 291,060 BBLs | 2,402,175 MCF | Feb 2026 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 114,109 BBLs | 759,883 MCF | Feb 2026 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 1,614 BBLs | 2,673 MCF | Feb 2026 |
| King Tut Federal | Lea County, NM | 1,345 BBLs | 6,036 MCF | Feb 2026 |
| Lippizzan 4 Federal | Lea County, NM | 3,493 BBLs | 12,296 MCF | Feb 2026 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 61,900 BBLs | 452,740 MCF | Feb 2026 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 68,909 BBLs | 440,982 MCF | Feb 2026 |
| Mule 11 23 Federal Com | Eddy County, NM | 50,126 BBLs | 278,926 MCF | Feb 2026 |
| Outrider | Lea County, NM | 114,243 BBLs | 471,265 MCF | Feb 2026 |
| Outrider 28 Federal Com | Lea County, NM | 111,891 BBLs | 503,892 MCF | Feb 2026 |
| Paint 33 Federal | Lea County, NM | 4,629 BBLs | 6,965 MCF | Feb 2026 |
| Rebel 20 Federal | Lea County, NM | 8,109 BBLs | 12,538 MCF | Feb 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 3,545 BBLs | 142,290 MCF | Feb 2026 |
| Trionyx 6 Federal | Lea County, NM | 3,591 BBLs | 19,136 MCF | Feb 2026 |
| Windward Federal | Lea County, NM | 12,084 BBLs | 334,442 MCF | Feb 2026 |
These are the closest 20 companies operating near the Redhead 31 Federal property.