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 - May 2025 |
| Total Oil Production | 1,132,853 BBLs |
| Total Gas Production | 2,170,429 MCF |
| Recent Oil Production | 17,851 BBLs in May 2025 |
| Recent Gas Production | 35,459 MCF in May 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Serpentine 2 35 State Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$2,951,799 **
* 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 | 727 BBLs | 955 MCF | May 2025 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 230,815 BBLs | 531,850 MCF | May 2025 |
| Black Mamba 15 State | Lea County, NM | 3,428 BBLs | 2,599 MCF | May 2025 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 137,697 BBLs | 257,776 MCF | May 2025 |
| Boa State Com 703H | Lea County, NM | 6,113 BBLs | 12,212 MCF | May 2025 |
| Driver 14 Federal Com | Lea County, NM | 208,500 BBLs | 920,024 MCF | May 2025 |
| Driver 14 State Com | Lea County, NM | 468 BBLs | 123 MCF | May 2025 |
| Hognose VIper | Lea County, NM | 3,226 BBLs | 7,708 MCF | May 2025 |
| Limestone | Lea County, NM | 1,134 BBLs | 0 MCF | May 2025 |
| North Bell Lake | Lea County, NM | 217 BBLs | 24 MCF | May 2025 |
| North Thistle | Lea County, NM | 180,814 BBLs | 437,687 MCF | May 2025 |
| Parseltongue 15 10 State Com | Lea County, NM | 57,202 BBLs | 117,946 MCF | May 2025 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 7,595 BBLs | 9,489 MCF | May 2025 |
| Serpentine 35 26 Federal Com | Lea County, NM | 74,431 BBLs | 131,634 MCF | May 2025 |
| Sopapilla State | Lea County, NM | 1,002 BBLs | 57,682 MCF | May 2025 |
| Starcaster 18 Federal Com | Lea County, NM | 5,347 BBLs | 35,489 MCF | May 2025 |
| Taipan 10 State Com | Lea County, NM | 2,386 BBLs | 3,611 MCF | May 2025 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 11,356 BBLs | 48,963 MCF | May 2025 |
These are the closest 20 companies operating near the Serpentine 2 35 State Federal Com property.