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 2024 |
| Total Oil Production | 239,051 BBLs |
| Total Gas Production | 509,285 MCF |
| Recent Oil Production | 924 BBLs in Jan 2024 |
| Recent Gas Production | 60 MCF in Jan 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,559 *
MarketMultiple™
$99,406 **
* 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 | 2,300 BBLs | 25,720 MCF | Feb 2024 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 21,129 BBLs | 141,958 MCF | Jan 2024 |
| Corvo Federal | Lea County, NM | 1,287 BBLs | 4,264 MCF | Feb 2024 |
| Cotton Draw | Lea County, NM | 339,161 BBLs | 2,675,312 MCF | Feb 2024 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Cotton Draw Unit | Eddy County, NM | 103,522 BBLs | 849,194 MCF | Jan 2024 |
| Haracz Amo Federal | Eddy County, NM | 1,730 BBLs | 3,070 MCF | Jan 2024 |
| King Tut Federal | Lea County, NM | 3,517 BBLs | 19,031 MCF | Feb 2024 |
| Lippizzan 4 Federal | Lea County, NM | 4,109 BBLs | 7,917 MCF | Jan 2024 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 94,747 BBLs | 569,365 MCF | Jan 2024 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 76,834 BBLs | 253,369 MCF | Jan 2024 |
| Outrider | Lea County, NM | 445,744 BBLs | 1,714,532 MCF | Jan 2024 |
| Paint 33 Federal | Lea County, NM | 3,140 BBLs | 13,572 MCF | Jan 2024 |
| Paint 4 33 Federal Com | Lea County, NM | 12,187 BBLs | 252,124 MCF | Jan 2024 |
| Poker Bix | Eddy County, NM | 201 BBLs | 606 MCF | Jan 2024 |
| Rebel 20 Federal | Lea County, NM | 3,145 BBLs | 8,531 MCF | Jan 2024 |
| Trionyx 6 7 Federal Com | Lea County, NM | 12,481 BBLs | 413,198 MCF | Jan 2024 |
| Trionyx 6 Federal | Lea County, NM | 5,387 BBLs | 30,058 MCF | Jan 2024 |
| Windward Federal | Lea County, NM | 11,095 BBLs | 434,136 MCF | Feb 2024 |
These are the closest 20 companies operating near the Redhead 31 Federal property.