Oil & Gas Property in Lea County, NM
Key data points for Reeves 26
| County | Lea County, NM |
|---|---|
| Operator | FRANKLIN MOUNTAIN ENERGY 3, LLC |
| Production Dates | Jan 1993 - Feb 2024 |
| Total Oil Production | 321,796 BBLs |
| Total Gas Production | 122,520 MCF |
| Recent Oil Production | 11 BBLs in Feb 2024 |
| Recent Gas Production | 8 MCF in Feb 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Reeves 26
ShaleAssessment™
$11,996 *
MarketMultiple™
$7,034 **
* 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 Reeves 26 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| Bobbi State WF Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Gateway 2 State | Lea County, NM | 324 BBLs | 85 MCF | Feb 2024 |
| Ironhouse 3 | Lea County, NM | 327 BBLs | 608 MCF | Feb 2024 |
| Merit 32 DM State Com | Lea County, NM | 336 BBLs | 56 MCF | Feb 2024 |
| New Mexico DD State | Lea County, NM | 77 BBLs | 0 MCF | Feb 2024 |
| Nighthawk State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| Pearl State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2012 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Reeves | Lea County, NM | 0 BBLs | 0 MCF | Feb 1999 |
| Reeves Adq State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2008 |
| Reeves Queen WF Unit | Lea County, NM | 360 BBLs | 0 MCF | Feb 2024 |
| Rock Steady State | Lea County, NM | 1,714 BBLs | 44 MCF | Feb 2024 |
| Rocky Raccoon | Lea County, NM | 2,507 BBLs | 97 MCF | Feb 2024 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| South Vacuum | Lea County, NM | 68 BBLs | 58 MCF | Feb 2024 |
| Sprinkle Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2007 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2001 |
| TMBR 1 State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| Vacuum State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2007 |
These are the closest 20 companies operating near the Reeves 26 property.