Serpentine 2 26 State Federal Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Serpentine 2 26 State Federal Com

CountyLea County, NM
OperatorDEVON ENERGY PRODUCTION COMPANY LP
Production DatesJan 2023 - Jan 2024
Total Oil Production444,539 BBLs
Total Gas Production736,521 MCF
Recent Oil Production13,341 BBLs in Jan 2024
Recent Gas Production19,739 MCF in Jan 2024
Wells on Property2

Our Valuation Estimates for Serpentine 2 26 State Federal Com

ShaleAssessment

Not Available

MarketMultiple

$4,666,407 **

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

Based on a decimal interest

Serpentine 2 26 State Federal Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Serpentine 2 26 State Federal Com
from Jan 2023 to Jan 2024

Wells on Serpentine 2 26 State Federal Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-50069SERPENTINE 2 26 STATE FEDERAL COM 025HDEVON ENERGY PRODUCTION COMPANY, LPNewLea County, NM32.327518-103.539052
30-025-50074SERPENTINE 2 26 STATE FEDERAL COM 030HDEVON ENERGY PRODUCTION COMPANY, LPNewLea County, NM32.328202-103.536636

Leases included in Serpentine 2 26 State Federal Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
333116SERPENTINE 2 26 STATE FEDERAL COMDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM

Nearby Properties

These are the closest 20 properties to the Serpentine 2 26 State Federal Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bebidas StateLea County, NM1,208 BBLs694 MCFJan 2024
Black Mamba 15 StateLea County, NM3,933 BBLs4,116 MCFJan 2024
Blanco 3 State ComLea County, NM0 BBLs0 MCFSep 2021
BrininstoolLea County, NM4,068 BBLs5,265 MCFJan 2024
Driver 14 Federal ComLea County, NM28,141 BBLs82,277 MCFJan 2024
Driver 14 State ComLea County, NM1,289 BBLs230 MCFJan 2024
Hognose VIper 23 FederalLea County, NM2,912 BBLs5,287 MCFJan 2024
Jazzmaster 17 StateLea County, NM292 BBLs229 MCFJan 2024
LimestoneLea County, NM751 BBLs1,125 MCFJan 2024
North Bell LakeLea County, NM198 BBLs54 MCFJan 2024
North ThistleLea County, NM10,291 BBLs234,068 MCFJan 2024
North Thistle 15 10 State ComLea County, NM13,126 BBLs178,723 MCFJan 2024
Paloma BlancoLea County, NM0 BBLs0 MCFOct 2023
Parseltongue 15 10 State ComLea County, NM107,394 BBLs212,675 MCFJan 2024
Serpentine 2 35 State Federal ComLea County, NM35,279 BBLs64,543 MCFJan 2024
Sopapilla StateLea County, NM2,388 BBLs66,179 MCFJan 2024
Starcaster 18 Federal ComLea County, NM7,884 BBLs24,711 MCFJan 2024
Taipan 10 State ComLea County, NM2,821 BBLs2,199 MCFJan 2024
White Dove 17 Federal ComLea County, NM22,285 BBLs51,734 MCFJan 2024
White Wing 7909 18 19 Federal ComLea County, NM17,705 BBLs76,290 MCFJan 2024