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 - May 2026 |
| Total Oil Production | 260,697 BBLs |
| Total Gas Production | 620,184 MCF |
| Recent Oil Production | 1,601 BBLs in May 2026 |
| Recent Gas Production | 2,706 MCF in May 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$1,776 *
MarketMultiple™
$124,270 **
* 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 | 55,994 BBLs | 268,040 MCF | May 2026 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 8,013 BBLs | 70,376 MCF | May 2026 |
| Corvo Federal | Lea County, NM | 1,805 BBLs | 4,584 MCF | May 2026 |
| Cotton Draw | Lea County, NM | 276,652 BBLs | 2,501,313 MCF | May 2026 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 87,497 BBLs | 580,909 MCF | May 2026 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 1,412 BBLs | 2,692 MCF | May 2026 |
| King Tut Federal | Lea County, NM | 135 BBLs | 1,180 MCF | May 2026 |
| Lippizzan 4 Federal | Lea County, NM | 3,450 BBLs | 13,943 MCF | May 2026 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 60,466 BBLs | 548,706 MCF | May 2026 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 66,015 BBLs | 425,917 MCF | May 2026 |
| Outrider | Lea County, NM | 91,395 BBLs | 432,755 MCF | May 2026 |
| Outrider 28 Federal Com | Lea County, NM | 104,833 BBLs | 508,116 MCF | May 2026 |
| Paint 33 Federal | Lea County, NM | 5,620 BBLs | 8,934 MCF | May 2026 |
| Rebel 20 Federal | Lea County, NM | 9,983 BBLs | 17,439 MCF | May 2026 |
| SND 14 23 Federal Com | Eddy County, NM | 12,332 BBLs | 13,789 MCF | May 2026 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,114 BBLs | 198,546 MCF | May 2026 |
| Trionyx 6 Federal | Lea County, NM | 2,970 BBLs | 20,660 MCF | May 2026 |
| Windward Federal | Lea County, NM | 508,456 BBLs | 1,572,745 MCF | May 2026 |
These are the closest 20 companies operating near the Redhead 31 Federal property.