Oil & Gas Property in Lea County, NM
Key data points for Ridge Runner 7 State
| County | Lea County, NM |
|---|---|
| Operator | OXY USA INC |
| Production Dates | Feb 2015 - Jan 2024 |
| Total Oil Production | 538,547 BBLs |
| Total Gas Production | 467,711 MCF |
| Recent Oil Production | 2,339 BBLs in Jan 2024 |
| Recent Gas Production | 127 MCF in Jan 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Ridge Runner 7 State
ShaleAssessment™
$102,096 *
MarketMultiple™
$332,262 **
* 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 Ridge Runner 7 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Airbonita 12 Federal | Lea County, NM | 2,343 BBLs | 4,565 MCF | Feb 2024 |
| Anderson Federal Com | Lea County, NM | 150,333 BBLs | 369,258 MCF | Jan 2024 |
| Ao 6 502H | Lea County, NM | 1,525 BBLs | 806 MCF | Jan 2024 |
| Ao 6 State Com | Lea County, NM | 1,344 BBLs | 2,805 MCF | Jan 2024 |
| Bootleg Ridge | Lea County, NM | 0 BBLs | 0 MCF | Feb 2000 |
| Chili Parlor | Lea County, NM | 1,137 BBLs | 1,159 MCF | Feb 2024 |
| Coop 6 State | Lea County, NM | 1,305 BBLs | 1,359 MCF | Jan 2024 |
| Dagger Lake | Lea County, NM | 14,295 BBLs | 46,901 MCF | Jan 2024 |
| Jackalope 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Livestock 9 Federal | Lea County, NM | 572 BBLs | 641 MCF | Feb 2024 |
| NBR 00 | Lea County, NM | 219 BBLs | 92 MCF | Jan 2024 |
| Paw Swap 12 36 Federal Com | Lea County, NM | 35,605 BBLs | 15,398 MCF | Jan 2024 |
| Prohibition | Lea County, NM | 0 BBLs | 0 MCF | Feb 2023 |
| Red Tank 24 | Lea County, NM | 0 BBLs | 423 MCF | Jan 2024 |
| Redchecker 14 Federal | Lea County, NM | 149 BBLs | 260 MCF | Jan 2024 |
| Rum Runner 2 Federal Com | Lea County, NM | 423 BBLs | 210 MCF | Jan 2024 |
| Senile Felines 18 7 State Com | Lea County, NM | 138,718 BBLs | 270,268 MCF | Jan 2024 |
| Speak Easy Federal | Lea County, NM | 2,002 BBLs | 3,678 MCF | Jan 2024 |
| Speedy 16 State Com | Lea County, NM | 5,613 BBLs | 99,923 MCF | Jan 2024 |
| WBR Federal | Lea County, NM | 886 BBLs | 148 MCF | Jan 2024 |
These are the closest 20 companies operating near the Ridge Runner 7 State property.