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 - Jul 2025 |
| Total Oil Production | 248,884 BBLs |
| Total Gas Production | 591,879 MCF |
| Recent Oil Production | 459 BBLs in Jun 2025 |
| Recent Gas Production | 2,505 MCF in Jun 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,038 *
MarketMultiple™
$83,995 **
* 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 | 99,702 BBLs | 394,727 MCF | Jul 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 13,154 BBLs | 67,847 MCF | Jun 2025 |
| Corvo Federal | Lea County, NM | 917 BBLs | 1,117 MCF | Jul 2025 |
| Cotton Draw | Lea County, NM | 228,039 BBLs | 2,237,526 MCF | Jul 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 3,830 BBLs | 47,337 MCF | Jun 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 332 BBLs | 1,034 MCF | Jun 2025 |
| King Tut Federal | Lea County, NM | 3,204 BBLs | 18,304 MCF | Jul 2025 |
| Lippizzan 4 Federal | Lea County, NM | 1,239 BBLs | 4,936 MCF | Jun 2025 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 90,358 BBLs | 513,746 MCF | Jun 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 83,824 BBLs | 543,708 MCF | Jun 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 92,628 BBLs | 382,061 MCF | Jun 2025 |
| Outrider | Lea County, NM | 180,966 BBLs | 570,477 MCF | Jun 2025 |
| Outrider 28 Federal Com | Lea County, NM | 219,148 BBLs | 586,933 MCF | Jun 2025 |
| Paint 33 Federal | Lea County, NM | 2,891 BBLs | 4,719 MCF | Jun 2025 |
| Rebel 20 Federal | Lea County, NM | 8,445 BBLs | 12,680 MCF | Jun 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 5,865 BBLs | 232,796 MCF | Jun 2025 |
| Trionyx 6 Federal | Lea County, NM | 3,428 BBLs | 23,334 MCF | Jun 2025 |
| Windward Federal | Lea County, NM | 10,114 BBLs | 427,512 MCF | Jul 2025 |
These are the closest 20 companies operating near the Redhead 31 Federal property.