Oil & Gas Property in Lea County, NM
Key data points for Reed 24 25 B State
| County | Lea County, NM |
|---|---|
| Operator | CONTINENTAL RESOURCES, INC. |
| Production Dates | Oct 2018 - May 2025 |
| Total Oil Production | 91,331 BBLs |
| Total Gas Production | 443,688 MCF |
| Recent Oil Production | 523 BBLs in May 2025 |
| Recent Gas Production | 5,119 MCF in May 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Reed 24 25 B State
ShaleAssessment™
Not Available
MarketMultiple™
$88,090 **
* 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 Reed 24 25 B State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2018 |
| Big Bear Atn | Lea County, NM | 326 BBLs | 0 MCF | May 2025 |
| Bus Barn 4 | Lea County, NM | 59 BBLs | 325 MCF | May 2025 |
| Caudill | Lea County, NM | 0 BBLs | 0 MCF | May 1998 |
| Caudill East 9 Fee | Lea County, NM | 231 BBLs | 1,598 MCF | May 2025 |
| Caudill North | Lea County, NM | 0 BBLs | 0 MCF | Oct 2011 |
| Caudill South 21 Fee | Lea County, NM | 436 BBLs | 568 MCF | May 2025 |
| Caudill West | Lea County, NM | 335 BBLs | 20,777 MCF | May 2025 |
| Chocolate Foam Wing | Lea County, NM | 12 BBLs | 555 MCF | May 2025 |
| Goodrich | Lea County, NM | 0 BBLs | 0 MCF | Dec 1998 |
| Graham | Lea County, NM | 230 BBLs | 1,592 MCF | May 2025 |
| Hamilton | Lea County, NM | 101 BBLs | 420 MCF | May 2025 |
| Julia Culp | Lea County, NM | 0 BBLs | 0 MCF | Aug 2001 |
| Morton Unit | Lea County, NM | 14 BBLs | 1,210 MCF | May 2025 |
| Royal Stimulator | Lea County, NM | 0 BBLs | 0 MCF | Mar 2008 |
| Snyder | Lea County, NM | 0 BBLs | 0 MCF | Oct 2008 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2002 |
| State | Lea County, NM | 323 BBLs | 78 MCF | May 2025 |
| West Lovington Strawn Unit | Lea County, NM | 2,076 BBLs | 5,437 MCF | May 2025 |
| West State | Lea County, NM | 455 BBLs | 1,627 MCF | May 2025 |
These are the closest 20 companies operating near the Reed 24 25 B State property.