Oil & Gas Property in Lea County, NM
Key data points for Serpentine 2 35 State Federal Com
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Jan 2023 - Jun 2025 |
| Total Oil Production | 1,152,978 BBLs |
| Total Gas Production | 2,215,356 MCF |
| Recent Oil Production | 20,125 BBLs in Jun 2025 |
| Recent Gas Production | 44,927 MCF in Jun 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$2,512,254 **
* 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 Serpentine 2 35 State Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azul 13 State Federal Com | Lea County, NM | 804 BBLs | 1,210 MCF | Jun 2025 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 420,507 BBLs | 1,577,036 MCF | Jun 2025 |
| Black Mamba 15 State | Lea County, NM | 1,476 BBLs | 1,517 MCF | Jun 2025 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 106,028 BBLs | 195,413 MCF | Jun 2025 |
| Boa State Com 703H | Lea County, NM | 8,667 BBLs | 12,074 MCF | Jun 2025 |
| Driver 14 Federal Com | Lea County, NM | 188,591 BBLs | 999,795 MCF | Jun 2025 |
| Driver 14 State Com | Lea County, NM | 626 BBLs | 137 MCF | Jun 2025 |
| Hognose VIper | Lea County, NM | 763 BBLs | 2,921 MCF | Jun 2025 |
| Limestone | Lea County, NM | 699 BBLs | 0 MCF | Jun 2025 |
| North Bell Lake | Lea County, NM | 169 BBLs | 23 MCF | Jun 2025 |
| North Thistle | Lea County, NM | 151,455 BBLs | 390,620 MCF | Jun 2025 |
| Parseltongue 15 10 State Com | Lea County, NM | 43,831 BBLs | 119,328 MCF | Jun 2025 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 8,870 BBLs | 13,233 MCF | Jun 2025 |
| Serpentine 35 26 Federal Com | Lea County, NM | 73,364 BBLs | 138,148 MCF | Jun 2025 |
| Sopapilla State | Lea County, NM | 964 BBLs | 57,005 MCF | Jul 2025 |
| Starcaster 18 Federal Com | Lea County, NM | 4,716 BBLs | 33,305 MCF | Jul 2025 |
| Taipan 10 State Com | Lea County, NM | 730 BBLs | 542 MCF | Jun 2025 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 8,142 BBLs | 31,779 MCF | Jul 2025 |
These are the closest 20 companies operating near the Serpentine 2 35 State Federal Com property.