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 - Dec 2025 |
| Total Oil Production | 251,909 BBLs |
| Total Gas Production | 603,890 MCF |
| Recent Oil Production | 646 BBLs in Dec 2025 |
| Recent Gas Production | 3,960 MCF in Dec 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$1,884 *
MarketMultiple™
$74,467 **
* 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 | 75,005 BBLs | 307,529 MCF | Dec 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 19,328 BBLs | 91,921 MCF | Dec 2025 |
| Corvo Federal | Lea County, NM | 1,983 BBLs | 4,025 MCF | Dec 2025 |
| Cotton Draw | Lea County, NM | 305,404 BBLs | 2,569,401 MCF | Dec 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 158,258 BBLs | 988,832 MCF | Dec 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 1,568 BBLs | 1,752 MCF | Dec 2025 |
| King Tut Federal | Lea County, NM | 2,217 BBLs | 12,145 MCF | Dec 2025 |
| Lippizzan 4 Federal | Lea County, NM | 3,651 BBLs | 16,146 MCF | Dec 2025 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 65,949 BBLs | 519,577 MCF | Dec 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 78,729 BBLs | 477,451 MCF | Dec 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 59,654 BBLs | 294,437 MCF | Dec 2025 |
| Outrider | Lea County, NM | 123,392 BBLs | 453,668 MCF | Dec 2025 |
| Outrider 28 Federal Com | Lea County, NM | 131,873 BBLs | 450,008 MCF | Dec 2025 |
| Paint 33 Federal | Lea County, NM | 5,268 BBLs | 6,418 MCF | Dec 2025 |
| Rebel 20 Federal | Lea County, NM | 11,587 BBLs | 17,471 MCF | Dec 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 4,707 BBLs | 193,919 MCF | Dec 2025 |
| Trionyx 6 Federal | Lea County, NM | 2,124 BBLs | 14,849 MCF | Dec 2025 |
| Windward Federal | Lea County, NM | 12,075 BBLs | 463,998 MCF | Dec 2025 |
These are the closest 20 companies operating near the Redhead 31 Federal property.