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, L.P. |
| Production Dates | Jan 2023 - Feb 2026 |
| Total Oil Production | 1,268,387 BBLs |
| Total Gas Production | 2,454,232 MCF |
| Recent Oil Production | 12,256 BBLs in Feb 2026 |
| Recent Gas Production | 30,553 MCF in Feb 2026 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$1,958,476 **
* 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 |
|---|---|---|---|---|
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake North Unit | Lea County, NM | 8,981 BBLs | 43,589 MCF | Feb 2026 |
| Bell Lake Unit North | Lea County, NM | 229,818 BBLs | 1,468,544 MCF | Feb 2026 |
| Black Mamba 15 State | Lea County, NM | 539 BBLs | 46 MCF | Feb 2026 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 64,899 BBLs | 120,664 MCF | Feb 2026 |
| Boa State Com 703H | Lea County, NM | 5,178 BBLs | 9,894 MCF | Feb 2026 |
| Driver 14 Federal Com | Lea County, NM | 107,284 BBLs | 801,026 MCF | Feb 2026 |
| Driver 14 State Com | Lea County, NM | 441 BBLs | 3,794 MCF | Feb 2026 |
| Hognose VIper | Lea County, NM | 142,254 BBLs | 474,002 MCF | Feb 2026 |
| Limestone | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| North Bell Lake | Lea County, NM | 227 BBLs | 23 MCF | Feb 2026 |
| North Thistle | Lea County, NM | 82,881 BBLs | 165,428 MCF | Feb 2026 |
| Parseltongue 15 10 State Com | Lea County, NM | 45,037 BBLs | 98,173 MCF | Feb 2026 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 108,873 BBLs | 169,216 MCF | Feb 2026 |
| Serpentine 35 26 Federal Com | Lea County, NM | 170,877 BBLs | 309,795 MCF | Feb 2026 |
| Sopapilla State | Lea County, NM | 525 BBLs | 22,072 MCF | Feb 2026 |
| Starcaster 18 Federal Com | Lea County, NM | 4,398 BBLs | 32,123 MCF | Feb 2026 |
| Taipan 10 State Com | Lea County, NM | 230 BBLs | 858 MCF | Feb 2026 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 10,490 BBLs | 43,118 MCF | Feb 2026 |
These are the closest 20 companies operating near the Serpentine 2 35 State Federal Com property.