Oil & Gas Property in Lea County, NM
Key data points for Redtag
| County | Lea County, NM |
|---|---|
| Production Dates | Apr 2001 - Nov 2025 |
| Total Oil Production | 167,995 BBLs |
| Total Gas Production | 1,941,276 MCF |
| Recent Oil Production | 36 BBLs in Nov 2025 |
| Recent Gas Production | 453 MCF in Nov 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Redtag
ShaleAssessment™
$19,534 *
MarketMultiple™
$48,907 **
* 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 | 19 BBLs | 195 MCF | Nov 2025 |
| Blankenship | Lea County, NM | 21 BBLs | 246 MCF | Nov 2025 |
| Chesterfield | Lea County, NM | 0 BBLs | 32 MCF | Nov 2025 |
| Cone | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Crown | Lea County, NM | 30 BBLs | 75 MCF | Nov 2025 |
| Dixie Queen | Lea County, NM | 26 BBLs | 386 MCF | Nov 2025 |
| Hester 12 | Lea County, NM | 85 BBLs | 916 MCF | Nov 2025 |
| House | Lea County, NM | 12 BBLs | 349 MCF | Nov 2025 |
| Howse | Lea County, NM | 15 BBLs | 132 MCF | Nov 2025 |
| Kool | Lea County, NM | 45 BBLs | 361 MCF | Nov 2025 |
| L & M 00 | Lea County, NM | 85 BBLs | 1,048 MCF | Nov 2025 |
| Magnolia | Lea County, NM | 36 BBLs | 231 MCF | Nov 2025 |
| McCasland | Lea County, NM | 267 BBLs | 991 MCF | Nov 2025 |
| Melot | Lea County, NM | 19 BBLs | 339 MCF | Nov 2025 |
| Merit | Lea County, NM | 48 BBLs | 505 MCF | Nov 2025 |
| Pinot | Lea County, NM | 35 BBLs | 96 MCF | Nov 2025 |
| Plow Boy Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Rhino | Lea County, NM | 13 BBLs | 87 MCF | Nov 2025 |
| Roitan | Lea County, NM | 19 BBLs | 159 MCF | Nov 2025 |
| Werta Federal | Lea County, NM | 161 BBLs | 224 MCF | Nov 2025 |
These are the closest 20 companies operating near the Redtag property.