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 - Aug 2025 |
| Total Oil Production | 249,375 BBLs |
| Total Gas Production | 591,047 MCF |
| Recent Oil Production | 509 BBLs in Jul 2025 |
| Recent Gas Production | 2,509 MCF in Jul 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,009 *
MarketMultiple™
$80,390 **
* 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 | 94,326 BBLs | 381,909 MCF | Aug 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 16,818 BBLs | 72,408 MCF | Aug 2025 |
| Corvo Federal | Lea County, NM | 1,158 BBLs | 1,081 MCF | Aug 2025 |
| Cotton Draw | Lea County, NM | 451,701 BBLs | 3,054,472 MCF | Aug 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 322,875 BBLs | 1,198,099 MCF | Aug 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 436 BBLs | 986 MCF | Jul 2025 |
| King Tut Federal | Lea County, NM | 3,277 BBLs | 18,964 MCF | Aug 2025 |
| Lippizzan 4 Federal | Lea County, NM | 2,744 BBLs | 9,327 MCF | Aug 2025 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 88,619 BBLs | 574,844 MCF | Jul 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 82,037 BBLs | 525,202 MCF | Jul 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 80,492 BBLs | 356,436 MCF | Aug 2025 |
| Outrider | Lea County, NM | 184,676 BBLs | 595,569 MCF | Jul 2025 |
| Outrider 28 Federal Com | Lea County, NM | 209,896 BBLs | 572,840 MCF | Jul 2025 |
| Paint 33 Federal | Lea County, NM | 4,461 BBLs | 6,576 MCF | Aug 2025 |
| Rebel 20 Federal | Lea County, NM | 10,832 BBLs | 17,629 MCF | Aug 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 4,005 BBLs | 210,430 MCF | Aug 2025 |
| Trionyx 6 Federal | Lea County, NM | 4,115 BBLs | 29,064 MCF | Aug 2025 |
| Windward Federal | Lea County, NM | 14,025 BBLs | 417,689 MCF | Aug 2025 |
These are the closest 20 companies operating near the Redhead 31 Federal property.