Oil & Gas Property in Lea County, NM
Key data points for Redtag
| County | Lea County, NM |
|---|---|
| Production Dates | Apr 2001 - May 2025 |
| Total Oil Production | 166,075 BBLs |
| Total Gas Production | 1,929,421 MCF |
| Recent Oil Production | 167 BBLs in May 2025 |
| Recent Gas Production | 1,497 MCF in May 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Redtag
ShaleAssessment™
$21,059 *
MarketMultiple™
$59,488 **
* 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 | 106 BBLs | 821 MCF | May 2025 |
| Blankenship | Lea County, NM | 0 BBLs | 220 MCF | May 2025 |
| Cone | Lea County, NM | 52 BBLs | 63 MCF | May 2025 |
| Crown | Lea County, NM | 105 BBLs | 220 MCF | May 2025 |
| Dixie Queen | Lea County, NM | 154 BBLs | 1,689 MCF | May 2025 |
| Hester 12 | Lea County, NM | 433 BBLs | 3,669 MCF | May 2025 |
| House | Lea County, NM | 40 BBLs | 409 MCF | May 2025 |
| Howse | Lea County, NM | 29 BBLs | 893 MCF | May 2025 |
| Kool | Lea County, NM | 142 BBLs | 534 MCF | May 2025 |
| L & M 00 | Lea County, NM | 355 BBLs | 2,298 MCF | May 2025 |
| Magnolia | Lea County, NM | 23 BBLs | 545 MCF | May 2025 |
| McCasland | Lea County, NM | 378 BBLs | 1,559 MCF | May 2025 |
| Melot | Lea County, NM | 86 BBLs | 1,022 MCF | May 2025 |
| Merit | Lea County, NM | 149 BBLs | 1,694 MCF | May 2025 |
| Pinot | Lea County, NM | 180 BBLs | 574 MCF | May 2025 |
| Plow Boy Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2024 |
| Rhino | Lea County, NM | 52 BBLs | 302 MCF | May 2025 |
| Roitan | Lea County, NM | 0 BBLs | 0 MCF | Mar 2025 |
| Werta Federal | Lea County, NM | 415 BBLs | 812 MCF | May 2025 |
| White Owl | Lea County, NM | 84 BBLs | 160 MCF | May 2025 |
These are the closest 20 companies operating near the Redtag property.