Reed Sanderson Unit

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Reed Sanderson Unit

CountyLea County, NM
Production DatesJan 1993 - Aug 2025
Total Oil Production313,610 BBLs
Total Gas Production521,294 MCF
Recent Oil Production354 BBLs in Jul 2025
Recent Gas Production548 MCF in Jul 2025
Wells on Property18

Our Valuation Estimates for Reed Sanderson Unit

ShaleAssessment™

$22,490 *

MarketMultiple™

$33,930 **

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

Based on a decimal interest

Reed Sanderson Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed Sanderson Unit
from Jan 1993 to Aug 2025

Wells on Reed Sanderson Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-04172REED SANDERSON UNIT 002J R OIL, LTD. CO.ActiveLea County, NM32.607719-103.348610
30-025-04178REED SANDERSON UNIT 003DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.607719-103.344322
30-025-04179REED SANDERSON UNIT 005J R OIL, LTD. CO.ActiveLea County, NM32.604092-103.344315
30-025-04180REED SANDERSON UNIT 006J R OIL, LTD. CO.ActiveLea County, NM32.604092-103.348602
30-025-04181REED SANDERSON UNIT 010J R OIL, LTD. CO.ActiveLea County, NM32.600426-103.344315
30-025-04182REED SANDERSON UNIT 009J R OIL, LTD. CO.ActiveLea County, NM32.600426-103.348602
30-025-04183REED SANDERSON UNIT 013DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.596798-103.344307
30-025-04184REED SANDERSON UNIT 014J R OIL, LTD. CO.ActiveLea County, NM32.596798-103.348595
30-025-04185REED SANDERSON UNIT 012LYNX PETROLEUM CONSULTANTS INCPluggedLea County, NM32.596802-103.341103
30-025-04186REED SANDERSON UNIT 011DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.600430-103.341095
30-025-04187REED SANDERSON UNIT 004J R OIL, LTD. CO.ActiveLea County, NM32.606781-103.338951
30-025-04189REED SANDERSON UNIT 008J R OIL, LTD. CO.ActiveLea County, NM32.600426-103.352890
30-025-04191REED SANDERSON UNIT 015J R OIL, LTD. CO.ActiveLea County, NM32.596794-103.352882
30-025-04196REED SANDERSON UNIT 016DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.593166-103.352890
30-025-04201REED SANDERSON UNIT 022LYNX PETROLEUM CONSULTANTS INCPluggedLea County, NM32.589542-103.348625
30-025-04202REED SANDERSON UNIT 017J R OIL, LTD. CO.ActiveLea County, NM32.593170-103.348602
30-025-04203REED SANDERSON UNIT 019J R OIL, LTD. CO.ActiveLea County, NM32.593170-103.341110
30-025-04207REED SANDERSON UNIT 018DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.593170-103.344322

Leases included in Reed Sanderson Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
309459REED SANDERSON UNITDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
312911REED SANDERSON UNITJ R OIL, LTD. CO.Lea County, NM
5992REED SANDERSON UNITLYNX PETROLEUM CONSULTANTS INCLea County, NM

Operators Associated With Reed Sanderson Unit

Nearby Properties

These are the closest 20 properties to the Reed Sanderson Unit 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 S RecordLea County, NM0 BBLs0 MCFDec 2010
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 A 3Lea County, NM0 BBLs0 MCFMar 2025
SandersonLea County, NM0 BBLs0 MCFOct 2022
Selby MaveetyLea County, NM0 BBLs0 MCFApr 2017
SmithLea County, NM487 BBLs968 MCFJul 2025
StateLea County, NM14,059 BBLs92,687 MCFAug 2025
State F Gas ComLea County, NM0 BBLs795 MCFJul 2025
State J Gas ComLea County, NM0 BBLs416 MCFJul 2025
W B MaveetyLea County, NM78 BBLs0 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Reed Sanderson Unit property.

Company Name
3R Operating , LLC
Apache Corporation
Arco Permian
BP America Production Company
Burgundy Oil & Gas Of N M Inc
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Conoco Inc.
David H Arrington Oil & Gas Inc
Empire New Mexico LLC
Forty Acres Energy, LLC
Grizzly Operating LLC
Hilcorp Energy Company
Mammoth Exploration LLC
Mulloy Operating, Inc.
Penroc Oil Corp.
Ralph C Bruton
Range Operating New Mexico LLC
Read & Stevens, Inc.
Unit Petroleum Company