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 - Oct 2025 |
| Total Oil Production | 1,216,020 BBLs |
| Total Gas Production | 2,331,622 MCF |
| Recent Oil Production | 19,218 BBLs in Aug 2025 |
| Recent Gas Production | 39,196 MCF in Aug 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$2,391,561 **
* 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 Unit North | Lea County, NM | 358,259 BBLs | 1,780,373 MCF | Oct 2025 |
| Black Mamba 15 State | Lea County, NM | 1,037 BBLs | 1,647 MCF | Oct 2025 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 114,736 BBLs | 227,766 MCF | Oct 2025 |
| Boa State Com 703H | Lea County, NM | 8,868 BBLs | 13,951 MCF | Oct 2025 |
| Brininstool | Lea County, NM | 1,383 BBLs | 2,469 MCF | Aug 2025 |
| Driver 14 Federal Com | Lea County, NM | 157,476 BBLs | 866,124 MCF | Oct 2025 |
| Driver 14 State Com | Lea County, NM | 677 BBLs | 216 MCF | Oct 2025 |
| Hognose VIper | Lea County, NM | 865 BBLs | 1,108 MCF | Oct 2025 |
| Limestone | Lea County, NM | 353 BBLs | 0 MCF | Aug 2025 |
| North Bell Lake | Lea County, NM | 225 BBLs | 25 MCF | Oct 2025 |
| North Thistle | Lea County, NM | 167,619 BBLs | 469,887 MCF | Oct 2025 |
| Parseltongue 15 10 State Com | Lea County, NM | 49,398 BBLs | 106,873 MCF | Oct 2025 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 9,262 BBLs | 14,679 MCF | Oct 2025 |
| Serpentine 35 26 Federal Com | Lea County, NM | 61,010 BBLs | 130,092 MCF | Oct 2025 |
| Sopapilla State | Lea County, NM | 473 BBLs | 24,878 MCF | Oct 2025 |
| Starcaster 18 Federal Com | Lea County, NM | 4,507 BBLs | 31,087 MCF | Oct 2025 |
| Taipan 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 12,544 BBLs | 50,918 MCF | Oct 2025 |
These are the closest 20 companies operating near the Serpentine 2 35 State Federal Com property.