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 - Nov 2025 |
| Total Oil Production | 251,263 BBLs |
| Total Gas Production | 599,926 MCF |
| Recent Oil Production | 752 BBLs in Nov 2025 |
| Recent Gas Production | 3,610 MCF in Nov 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$1,916 *
MarketMultiple™
$76,999 **
* 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 | 74,200 BBLs | 303,212 MCF | Nov 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 17,961 BBLs | 74,214 MCF | Nov 2025 |
| Corvo Federal | Lea County, NM | 1,706 BBLs | 2,840 MCF | Nov 2025 |
| Cotton Draw | Lea County, NM | 326,357 BBLs | 2,597,942 MCF | Nov 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 177,518 BBLs | 1,038,148 MCF | Nov 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 851 BBLs | 1,134 MCF | Nov 2025 |
| King Tut Federal | Lea County, NM | 2,795 BBLs | 15,190 MCF | Nov 2025 |
| Lippizzan 4 Federal | Lea County, NM | 3,498 BBLs | 14,688 MCF | Nov 2025 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 75,715 BBLs | 553,812 MCF | Nov 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 82,432 BBLs | 467,440 MCF | Nov 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 61,840 BBLs | 285,268 MCF | Nov 2025 |
| Outrider | Lea County, NM | 142,006 BBLs | 560,512 MCF | Nov 2025 |
| Outrider 28 Federal Com | Lea County, NM | 160,597 BBLs | 600,029 MCF | Nov 2025 |
| Paint 33 Federal | Lea County, NM | 6,679 BBLs | 7,853 MCF | Nov 2025 |
| Rebel 20 Federal | Lea County, NM | 10,593 BBLs | 16,340 MCF | Nov 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 2,388 BBLs | 107,486 MCF | Nov 2025 |
| Trionyx 6 Federal | Lea County, NM | 2,461 BBLs | 15,584 MCF | Nov 2025 |
| Windward Federal | Lea County, NM | 11,926 BBLs | 458,220 MCF | Nov 2025 |
These are the closest 20 companies operating near the Redhead 31 Federal property.