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 - Jan 2024 |
| Total Oil Production | 756,090 BBLs |
| Total Gas Production | 1,449,477 MCF |
| Recent Oil Production | 35,279 BBLs in Jan 2024 |
| Recent Gas Production | 64,543 MCF in Jan 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$6,694,807 **
* 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 |
|---|---|---|---|---|
| Bebidas State | Lea County, NM | 1,208 BBLs | 694 MCF | Feb 2024 |
| Bell Lake Unit North | Lea County, NM | 368,705 BBLs | 1,537,008 MCF | Feb 2024 |
| Black Mamba 15 State | Lea County, NM | 3,933 BBLs | 4,116 MCF | Jan 2024 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Brininstool | Lea County, NM | 4,069 BBLs | 5,313 MCF | Feb 2024 |
| Driver 14 Federal Com | Lea County, NM | 28,141 BBLs | 82,277 MCF | Jan 2024 |
| Driver 14 State Com | Lea County, NM | 1,289 BBLs | 230 MCF | Jan 2024 |
| Hognose VIper 23 Federal | Lea County, NM | 2,912 BBLs | 5,287 MCF | Jan 2024 |
| Limestone | Lea County, NM | 750 BBLs | 1,077 MCF | Feb 2024 |
| North Bell Lake | Lea County, NM | 198 BBLs | 54 MCF | Feb 2024 |
| North Thistle | Lea County, NM | 10,291 BBLs | 234,068 MCF | Jan 2024 |
| North Thistle 15 10 State Com | Lea County, NM | 13,126 BBLs | 178,723 MCF | Jan 2024 |
| Paloma Blanco | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
| Parseltongue 15 10 State Com | Lea County, NM | 107,394 BBLs | 212,675 MCF | Jan 2024 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 13,341 BBLs | 19,739 MCF | Jan 2024 |
| Sopapilla State | Lea County, NM | 2,388 BBLs | 66,179 MCF | Feb 2024 |
| Starcaster 18 Federal Com | Lea County, NM | 7,884 BBLs | 24,711 MCF | Feb 2024 |
| Taipan 10 State Com | Lea County, NM | 2,821 BBLs | 2,199 MCF | Jan 2024 |
| White Dove 17 Federal Com | Lea County, NM | 22,285 BBLs | 51,734 MCF | Jan 2024 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 17,705 BBLs | 76,290 MCF | Feb 2024 |
These are the closest 20 companies operating near the Serpentine 2 35 State Federal Com property.