Oil & Gas Property in Lea County, NM
Key data points for Serpentine 2 35 State Federal Com
| County | , |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Jan 2023 - Mar 2025 |
| Total Oil Production | 1,096,553 BBLs |
| Total Gas Production | 2,093,168 MCF |
| Recent Oil Production | 22,153 BBLs in Mar 2025 |
| Recent Gas Production | 47,105 MCF in Mar 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$3,101,417 **
* 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 | 1,011 BBLs | 1,347 MCF | Mar 2025 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Black Mamba 15 State | Lea County, NM | 5,943 BBLs | 7,600 MCF | Mar 2025 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 188,132 BBLs | 348,572 MCF | Mar 2025 |
| Boa State Com 703H | Lea County, NM | 11,129 BBLs | 19,281 MCF | Mar 2025 |
| Brininstool | Lea County, NM | 3,386 BBLs | 6,022 MCF | Apr 2025 |
| Driver 14 Federal Com | Lea County, NM | 287,495 BBLs | 911,458 MCF | Mar 2025 |
| Hognose VIper | Lea County, NM | 3,375 BBLs | 7,629 MCF | Mar 2025 |
| Limestone | Lea County, NM | 111 BBLs | 0 MCF | Apr 2025 |
| North Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| North Thistle | Lea County, NM | 210,148 BBLs | 484,165 MCF | Mar 2025 |
| Parseltongue 15 10 State Com | Lea County, NM | 55,320 BBLs | 108,385 MCF | Mar 2025 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 15,235 BBLs | 19,759 MCF | Mar 2025 |
| Serpentine 35 26 Federal Com | Lea County, NM | 70,530 BBLs | 111,777 MCF | Mar 2025 |
| Sopapilla State | Lea County, NM | 868 BBLs | 41,395 MCF | Mar 2025 |
| Starcaster 18 Federal Com | Lea County, NM | 5,792 BBLs | 34,736 MCF | Mar 2025 |
| Taipan 10 State Com | Lea County, NM | 1,757 BBLs | 1,926 MCF | Mar 2025 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 13,399 BBLs | 57,230 MCF | Mar 2025 |
These are the closest 0 companies operating near the Serpentine 2 35 State Federal Com property.
| Company Name |
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