Oil & Gas Property in Lea County, NM
Key data points for Richardson
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2025 |
| Total Oil Production | 18,118 BBLs |
| Total Gas Production | 1,020,106 MCF |
| Recent Oil Production | 0 BBLs in Aug 2025 |
| Recent Gas Production | 2,113 MCF in Aug 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Richardson
ShaleAssessment™
$3,297 *
MarketMultiple™
$6,605 **
* 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 7 properties to the Richardson property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Austin Monteith | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Caudill North | Lea County, NM | 0 BBLs | 0 MCF | Oct 2011 |
| Chocolate Foam Wing | Lea County, NM | 8 BBLs | 498 MCF | Sep 2025 |
| Duncan Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 1996 |
| Melissa | Lea County, NM | 320 BBLs | 1,401 MCF | Oct 2025 |
| Morton Unit | Lea County, NM | 0 BBLs | 947 MCF | Oct 2025 |
| State 1 | Lea County, NM | 0 BBLs | 0 MCF | Mar 2002 |
These are the closest 10 companies operating near the Richardson property.