Reed 24 25 B State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Reed 24 25 B State Oil & Gas Property

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Property Summary

Key data points for Reed 24 25 B State

County,
OperatorCONTINENTAL RESOURCES, INC.
Production DatesOct 2018 - Mar 2025
Total Oil Production90,284 BBLs
Total Gas Production433,260 MCF
Recent Oil Production593 BBLs in Mar 2025
Recent Gas Production5,967 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Reed 24 25 B State

ShaleAssessment™

Not Available

MarketMultiple™

$87,425 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed 24 25 B State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed 24 25 B State
from Oct 2018 to Mar 2025

Wells on Reed 24 25 B State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,

Leases included in Reed 24 25 B State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320136REED 24 25 B STATECONTINENTAL RESOURCES, INC.Lea County, NM

Nearby Properties

These are the closest 20 properties to the Reed 24 25 B State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arco StateLea County, NM0 BBLs0 MCFMar 2018
Big Bear AtnLea County, NM347 BBLs0 MCFMar 2025
Bus Barn 4Lea County, NM0 BBLs0 MCFFeb 2025
CaudillLea County, NM0 BBLs0 MCFMay 1998
Caudill East 9 FeeLea County, NM307 BBLs1,632 MCFMar 2025
Caudill NorthLea County, NM0 BBLs0 MCFOct 2011
Caudill South 21 FeeLea County, NM436 BBLs428 MCFMar 2025
Caudill WestLea County, NM163 BBLs21,538 MCFMar 2025
Chocolate Foam WingLea County, NM12 BBLs585 MCFMar 2025
Easley 6Lea County, NM1,000 BBLs3,499 MCFMar 2025
GoodrichLea County, NM0 BBLs0 MCFDec 1998
HamiltonLea County, NM118 BBLs403 MCFMar 2025
Julia CulpLea County, NM0 BBLs0 MCFAug 2001
Lea 396 StateLea County, NM0 BBLs0 MCFSep 2019
Morton UnitLea County, NM0 BBLs678 MCFMar 2025
Royal StimulatorLea County, NM0 BBLs0 MCFMar 2008
SnyderLea County, NM0 BBLs0 MCFOct 2008
StateLea County, NM345 BBLs67 MCFMar 2025
StateLea County, NM0 BBLs0 MCFFeb 2002
West Lovington Strawn UnitLea County, NM2,220 BBLs0 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the Reed 24 25 B State property.

Company Name