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 - Dec 2025 |
| Total Oil Production | 1,246,903 BBLs |
| Total Gas Production | 2,405,750 MCF |
| Recent Oil Production | 15,207 BBLs in Dec 2025 |
| Recent Gas Production | 37,586 MCF in Dec 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$2,028,441 **
* 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 | 1,700 BBLs | 2,505 MCF | Dec 2025 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 245,491 BBLs | 1,481,595 MCF | Dec 2025 |
| Black Mamba 15 State | Lea County, NM | 6,486 BBLs | 6,065 MCF | Dec 2025 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | May 2022 |
| Boa State Com | Lea County, NM | 79,704 BBLs | 156,467 MCF | Dec 2025 |
| Boa State Com 703H | Lea County, NM | 5,403 BBLs | 8,939 MCF | Dec 2025 |
| Driver 14 Federal Com | Lea County, NM | 131,446 BBLs | 856,154 MCF | Dec 2025 |
| Driver 14 State Com | Lea County, NM | 1,961 BBLs | 16,192 MCF | Dec 2025 |
| Gurney 3 State | Lea County, NM | 0 BBLs | 3,025 MCF | Dec 2025 |
| Limestone | Lea County, NM | 707 BBLs | 0 MCF | Dec 2025 |
| North Bell Lake | Lea County, NM | 223 BBLs | 25 MCF | Dec 2025 |
| North Thistle | Lea County, NM | 121,105 BBLs | 511,954 MCF | Dec 2025 |
| Parseltongue 15 10 State Com | Lea County, NM | 51,512 BBLs | 129,792 MCF | Dec 2025 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 5,442 BBLs | 8,288 MCF | Dec 2025 |
| Serpentine 35 26 Federal Com | Lea County, NM | 50,149 BBLs | 113,614 MCF | Dec 2025 |
| Sopapilla State | Lea County, NM | 1,016 BBLs | 57,527 MCF | Dec 2025 |
| Starcaster 18 Federal Com | Lea County, NM | 4,590 BBLs | 33,175 MCF | Dec 2025 |
| Taipan 10 State Com | Lea County, NM | 7,814 BBLs | 8,334 MCF | Dec 2025 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 11,510 BBLs | 49,049 MCF | Dec 2025 |
These are the closest 20 companies operating near the Serpentine 2 35 State Federal Com property.