Oil & Gas Property in Lea County, NM
Key data points for Redtag
| County | Lea County, NM |
|---|---|
| Production Dates | Apr 2001 - Jul 2025 |
| Total Oil Production | 167,247 BBLs |
| Total Gas Production | 1,934,890 MCF |
| Recent Oil Production | 685 BBLs in Jul 2025 |
| Recent Gas Production | 3,229 MCF in Jul 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Redtag
ShaleAssessment™
$20,561 *
MarketMultiple™
$50,406 **
* 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 Redtag property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arnold A | Lea County, NM | 86 BBLs | 699 MCF | Jul 2025 |
| Blankenship | Lea County, NM | 85 BBLs | 742 MCF | Jul 2025 |
| Chesterfield | Lea County, NM | 0 BBLs | 97 MCF | Jul 2025 |
| Cone | Lea County, NM | 4 BBLs | 20 MCF | Jul 2025 |
| Crown | Lea County, NM | 61 BBLs | 165 MCF | Jul 2025 |
| Dixie Queen | Lea County, NM | 159 BBLs | 2,167 MCF | Jul 2025 |
| Hester 12 | Lea County, NM | 207 BBLs | 2,800 MCF | Jul 2025 |
| House | Lea County, NM | 44 BBLs | 508 MCF | Jul 2025 |
| Howse | Lea County, NM | 57 BBLs | 900 MCF | Jul 2025 |
| Kool | Lea County, NM | 325 BBLs | 1,364 MCF | Jul 2025 |
| L & M 00 | Lea County, NM | 350 BBLs | 2,335 MCF | Jul 2025 |
| Magnolia | Lea County, NM | 131 BBLs | 985 MCF | Jul 2025 |
| McCasland | Lea County, NM | 297 BBLs | 1,186 MCF | Aug 2025 |
| Melot | Lea County, NM | 89 BBLs | 1,231 MCF | Jul 2025 |
| Merit | Lea County, NM | 167 BBLs | 1,790 MCF | Jul 2025 |
| Pinot | Lea County, NM | 197 BBLs | 695 MCF | Jul 2025 |
| Plow Boy Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2024 |
| Rhino | Lea County, NM | 66 BBLs | 355 MCF | Jul 2025 |
| Roitan | Lea County, NM | 95 BBLs | 401 MCF | Jul 2025 |
| Werta Federal | Lea County, NM | 399 BBLs | 827 MCF | Jul 2025 |
These are the closest 20 companies operating near the Redtag property.