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 - Mar 2026
Total Oil Production316,349 BBLs
Total Gas Production523,623 MCF
Recent Oil Production288 BBLs in Mar 2026
Recent Gas Production154 MCF in Mar 2026
Wells on Property18

Our Valuation Estimates for Reed Sanderson Unit

ShaleAssessment™

$20,673 *

MarketMultiple™

$46,584 **

* 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 Mar 2026

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 BBLs31 MCFMar 2026
EtcheverryLea County, NM0 BBLs0 MCFOct 2009
FosterLea County, NM0 BBLs111 MCFMar 2026
H S RecordLea County, NM0 BBLs0 MCFDec 2010
H W AndrewsLea County, NM2,484 BBLs2,753 MCFMar 2026
J W SmithLea County, NM0 BBLs164 MCFMar 2026
Liberty 4Lea County, NM193 BBLs0 MCFMar 2026
M E GaitherLea County, NM92 BBLs180 MCFMar 2026
Maveety State Gas ComLea County, NM0 BBLs152 MCFMar 2026
MonumentLea County, NM43 BBLs9 MCFMar 2026
New Mexico E State NCT-1Lea County, NM0 BBLs0 MCFJan 2026
North Monument G/Sa Unit 01Lea County, NM943 BBLs443 MCFMar 2026
Reed A-3Lea County, NM0 BBLs0 MCFMar 2025
SandersonLea County, NM0 BBLs0 MCFOct 2022
Selby MaveetyLea County, NM0 BBLs0 MCFApr 2017
SmithLea County, NM485 BBLs927 MCFMar 2026
StateLea County, NM17,130 BBLs78,686 MCFApr 2026
State F Gas ComLea County, NM0 BBLs682 MCFMar 2026
State J Gas ComLea County, NM0 BBLs357 MCFMar 2026
W B MaveetyLea County, NM86 BBLs0 MCFMar 2026

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