Oil & Gas Property in Lea County, NM
Key data points for Redtag
| County | Lea County, NM |
|---|---|
| Production Dates | Apr 2001 - Dec 2025 |
| Total Oil Production | 168,123 BBLs |
| Total Gas Production | 1,942,237 MCF |
| Recent Oil Production | 128 BBLs in Dec 2025 |
| Recent Gas Production | 900 MCF in Dec 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Redtag
ShaleAssessment™
$19,268 *
MarketMultiple™
$40,464 **
* 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 | 71 BBLs | 480 MCF | Dec 2025 |
| Blankenship | Lea County, NM | 50 BBLs | 394 MCF | Dec 2025 |
| Chesterfield | Lea County, NM | 0 BBLs | 164 MCF | Dec 2025 |
| Cone | Lea County, NM | 0 BBLs | 46 MCF | Dec 2025 |
| Crown | Lea County, NM | 79 BBLs | 187 MCF | Dec 2025 |
| Dixie Queen | Lea County, NM | 109 BBLs | 1,053 MCF | Dec 2025 |
| Hester 12 | Lea County, NM | 96 BBLs | 1,207 MCF | Dec 2025 |
| House | Lea County, NM | 21 BBLs | 412 MCF | Dec 2025 |
| Howse | Lea County, NM | 47 BBLs | 180 MCF | Dec 2025 |
| Kool | Lea County, NM | 149 BBLs | 845 MCF | Dec 2025 |
| L & M 00 | Lea County, NM | 220 BBLs | 1,708 MCF | Dec 2025 |
| Magnolia | Lea County, NM | 78 BBLs | 622 MCF | Dec 2025 |
| McCasland | Lea County, NM | 327 BBLs | 1,434 MCF | Dec 2025 |
| Melot | Lea County, NM | 73 BBLs | 838 MCF | Dec 2025 |
| Merit | Lea County, NM | 101 BBLs | 568 MCF | Dec 2025 |
| Pinot | Lea County, NM | 82 BBLs | 416 MCF | Dec 2025 |
| Plow Boy Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Rhino | Lea County, NM | 37 BBLs | 276 MCF | Dec 2025 |
| Roitan | Lea County, NM | 34 BBLs | 404 MCF | Dec 2025 |
| Werta Federal | Lea County, NM | 180 BBLs | 841 MCF | Dec 2025 |
These are the closest 20 companies operating near the Redtag property.