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 2026 |
| Total Oil Production | 95,844 BBLs |
| Total Gas Production | 472,944 MCF |
| Recent Oil Production | 1,229 BBLs in May 2026 |
| Recent Gas Production | 6,832 MCF in May 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Reed 24 25 B State
ShaleAssessment™
Not Available
MarketMultiple™
$34,614 **
* 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 | 20 BBLs | 42 MCF | Jun 2026 |
| Bus Barn 4 | Lea County, NM | 40 BBLs | 285 MCF | May 2026 |
| Caudill | Lea County, NM | 0 BBLs | 0 MCF | May 1998 |
| Caudill North | Lea County, NM | 0 BBLs | 0 MCF | Oct 2011 |
| Caudill South 21 Fee | Lea County, NM | 551 BBLs | 1,121 MCF | May 2026 |
| Caudill West | Lea County, NM | 187 BBLs | 1,109 MCF | May 2026 |
| Chocolate Foam Wing | Lea County, NM | 0 BBLs | 108 MCF | May 2026 |
| Goodrich | Lea County, NM | 0 BBLs | 0 MCF | Dec 1998 |
| Hamilton | Lea County, NM | 102 BBLs | 785 MCF | Jun 2026 |
| Julia Culp | Lea County, NM | 0 BBLs | 0 MCF | Aug 2001 |
| Lea 396 State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2019 |
| Melissa | Lea County, NM | 362 BBLs | 1,271 MCF | May 2026 |
| Morton Unit | Lea County, NM | 0 BBLs | 23 MCF | May 2026 |
| 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 | 319 BBLs | 76 MCF | Jun 2026 |
| Warehouse 10 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2014 |
| West Lovington Strawn Unit | Lea County, NM | 1,773 BBLs | 6,344 MCF | May 2026 |
These are the closest 20 companies operating near the Reed 24 25 B State property.