Reed A 3

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Reed A 3 Oil & Gas Property

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Property Summary

Key data points for Reed A 3

CountyLea County, NM
Production DatesJan 1993 - Mar 2025
Total Oil Production24,748 BBLs
Total Gas Production1,596,879 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™

$33 **

* 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

Operators Associated With Reed A 3

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 BBLs228 MCFJul 2025
EtcheverryLea County, NM0 BBLs0 MCFOct 2009
FosterLea County, NM0 BBLs118 MCFJul 2025
H W AndrewsLea County, NM2,254 BBLs2,265 MCFJul 2025
J W SmithLea County, NM0 BBLs175 MCFJul 2025
Liberty 4Lea County, NM203 BBLs83 MCFJul 2025
M E GaitherLea County, NM440 BBLs381 MCFJul 2025
Maveety State Gas ComLea County, NM0 BBLs18 MCFJul 2025
MonumentLea County, NM42 BBLs10 MCFJul 2025
New Mexico E State NCT-1Lea County, NM0 BBLs0 MCFApr 2025
North Monument G/Sa Unit 01Lea County, NM902 BBLs594 MCFJul 2025
Reed Sanderson UnitLea County, NM354 BBLs548 MCFAug 2025
SandersonLea County, NM0 BBLs0 MCFOct 2022
Selby MaveetyLea County, NM0 BBLs0 MCFApr 2017
SmithLea County, NM487 BBLs968 MCFJul 2025
State F Gas ComLea County, NM0 BBLs795 MCFJul 2025
State J Gas ComLea County, NM0 BBLs416 MCFJul 2025
W A WeirLea County, NM319 BBLs1,683 MCFJul 2025
W B MaveetyLea County, NM78 BBLs0 MCFJul 2025
W P Byrd BatteryLea County, NM734 BBLs220 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Reed A 3 property.

Company Name
Apache Corporation
Arco Permian
BP America Production Company
Burgundy Oil & Gas Of N M Inc
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
David H Arrington Oil & Gas Inc
Devon Energy Production Company LP
Empire New Mexico LLC
Forty Acres Energy, LLC
Grizzly Operating LLC
Hilcorp Energy Company
J R Oil, LTD. Co.
Lynx Petroleum Consultants Inc.
Mulloy Operating, Inc.
Oryx Energy Company
Range Operating New Mexico LLC
Southwest Royalties Inc
Unit Petroleum Company