Reed A 3

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Reed A 3

CountyLea County, NM
Production DatesJan 1993 - Mar 2025
Total Oil Production24,748 BBLs
Total Gas Production1,596,824 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for Reed A 3

ShaleAssessment

$1,014 *

MarketMultiple

$61 **

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

Based on a decimal interest

Reed A 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed A 3
from Jan 1993 to Mar 2025

Wells on Reed A 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-04173REED A 3 002FORTY ACRES ENERGY, LLCActiveLea County, NM32.604096-103.335732
30-025-04175REED A 3 003FORTY ACRES ENERGY, LLCActiveLea County, NM32.600430-103.335739
30-025-04176REED A 3 004BURGUNDY OIL & GAS OF N M INCPluggedLea County, NM32.596802-103.335747
30-025-33300REED A-3 FEDERAL 016APACHE CORPORATIONPluggedLea County, NM32.608631-103.334656

Leases included in Reed A 3

Lease #Lease NameOperatorCounty
302345REED A-3 FEDERALAPACHE CORPORATIONLea County, NM
31027REED A 3BURGUNDY OIL & GAS OF N M INCLea County, NM
332403REED A 3FORTY ACRES ENERGY, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Reed A 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Byrd Gas ComLea County, NM0 BBLs293 MCFMay 2025
EtcheverryLea County, NM0 BBLs0 MCFOct 2009
FosterLea County, NM0 BBLs0 MCFApr 2025
H W AndrewsLea County, NM1,727 BBLs3,284 MCFMay 2025
J W SmithLea County, NM0 BBLs180 MCFMay 2025
Liberty 4Lea County, NM0 BBLs0 MCFApr 2025
M E GaitherLea County, NM220 BBLs13 MCFMay 2025
Maveety State Gas ComLea County, NM0 BBLs0 MCFMar 2025
MonumentLea County, NM48 BBLs0 MCFMay 2025
New Mexico E State NCT-1Lea County, NM0 BBLs0 MCFApr 2025
North Monument G/Sa Unit 01Lea County, NM313 BBLs116 MCFMay 2025
Reed Sanderson UnitLea County, NM172 BBLs118 MCFMay 2025
SandersonLea County, NM0 BBLs0 MCFOct 2022
Selby MaveetyLea County, NM0 BBLs0 MCFApr 2017
SmithLea County, NM445 BBLs390 MCFMay 2025
State F Gas ComLea County, NM0 BBLs1,174 MCFMay 2025
State J Gas ComLea County, NM0 BBLs456 MCFMay 2025
W A WeirLea County, NM3 BBLs1,444 MCFMay 2025
W B MaveetyLea County, NM68 BBLs337 MCFMay 2025
W P Byrd BatteryLea County, NM723 BBLs184 MCFMay 2025