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 - Dec 2025 |
| Total Oil Production | 93,573 BBLs |
| Total Gas Production | 462,599 MCF |
| Recent Oil Production | 511 BBLs in Dec 2025 |
| Recent Gas Production | 2,089 MCF in Dec 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Reed 24 25 B State
ShaleAssessment™
Not Available
MarketMultiple™
$64,492 **
* 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 | 286 BBLs | 0 MCF | Dec 2025 |
| Bus Barn 4 | Lea County, NM | 44 BBLs | 224 MCF | Dec 2025 |
| Caudill | Lea County, NM | 0 BBLs | 0 MCF | May 1998 |
| Caudill East 9 Fee | Lea County, NM | 321 BBLs | 1,544 MCF | Dec 2025 |
| Caudill North | Lea County, NM | 0 BBLs | 0 MCF | Oct 2011 |
| Caudill South 21 Fee | Lea County, NM | 616 BBLs | 1,123 MCF | Dec 2025 |
| Caudill West | Lea County, NM | 219 BBLs | 8,442 MCF | Dec 2025 |
| Chocolate Foam Wing | Lea County, NM | 13 BBLs | 466 MCF | Dec 2025 |
| Easley 6 | Lea County, NM | 417 BBLs | 2,238 MCF | Dec 2025 |
| Goodrich | Lea County, NM | 0 BBLs | 0 MCF | Dec 1998 |
| Graham | Lea County, NM | 214 BBLs | 1,527 MCF | Dec 2025 |
| Hamilton | Lea County, NM | 106 BBLs | 306 MCF | Dec 2025 |
| Julia Culp | Lea County, NM | 0 BBLs | 0 MCF | Aug 2001 |
| 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 | 348 BBLs | 74 MCF | Dec 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 2002 |
| West Lovington Strawn Unit | Lea County, NM | 2,487 BBLs | 6,798 MCF | Dec 2025 |
| William 14 Federal | Lea County, NM | 15 BBLs | 4,571 MCF | Dec 2025 |
These are the closest 20 companies operating near the Reed 24 25 B State property.