Satellite State Com

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Satellite State Com Oil & Gas Property

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Property Summary

Key data points for Satellite State Com

County,
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesNov 2024 - Mar 2025
Total Oil Production1,112,205 BBLs
Total Gas Production790,178 MCF
Recent Oil Production196,057 BBLs in Mar 2025
Recent Gas Production180,285 MCF in Mar 2025
Wells on Property20

Our Valuation Estimates for Satellite State Com

ShaleAssessment™

Not Available

MarketMultiple™

$22,453,795 **

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

Based on a decimal interest

Satellite State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Satellite State Com
from Nov 2024 to Mar 2025

Wells on Satellite State Com

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
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Leases included in Satellite State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
335014SATELLITE STATE COMFranklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Satellite State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM3,109 BBLs2,362 MCFMar 2025
Airstrip 31Lea County, NM8,272 BBLs6,650 MCFMar 2025
Airstrip 6 State Com 00Lea County, NM1,625 BBLs573 MCFMar 2025
Albatross State ComLea County, NM1,738 BBLs1,269 MCFMar 2025
Butter Cup 3Lea County, NM2,582 BBLs2,934 MCFMar 2025
Caprock 27 StateLea County, NM0 BBLs0 MCFFeb 2025
Condor StateLea County, NM598 BBLs1,689 MCFMar 2025
Gold State ComLea County, NM17,860 BBLs26,277 MCFMar 2025
Ironhouse 19 State ComLea County, NM2,864 BBLs4,314 MCFMar 2025
Ironhouse 2Lea County, NM5,670 BBLs5,268 MCFMar 2025
King Cobra 2 StateLea County, NM2,178 BBLs2,230 MCFMar 2025
Kingfisher State ComLea County, NM1,381 BBLs512 MCFMar 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Merit 6 Eh State ComLea County, NM682 BBLs77 MCFMar 2025
Mongoose FeeLea County, NM591 BBLs679 MCFMar 2025
StateLea County, NM0 BBLs0 MCFFeb 1998
TeapotLea County, NM366 BBLs1,308 MCFMar 2025
Tin Cup 36 State ComLea County, NM363 BBLs789 MCFMar 2025
Wild Cobra 1 StateLea County, NM1,375 BBLs1,284 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the Satellite State Com property.

Company Name