Oil & Gas Property in Lea County, NM
Key data points for Serpentine 35
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Jan 2024 - Feb 2025 |
| Total Oil Production | 1,786,067 BBLs |
| Total Gas Production | 3,021,542 MCF |
| Recent Oil Production | 73,364 BBLs in Feb 2025 |
| Recent Gas Production | 115,834 MCF in Feb 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for Serpentine 35
ShaleAssessment™
Not Available
MarketMultiple™
$13,153,744 **
* 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 35 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azul 13 State Federal Com | Lea County, NM | 899 BBLs | 1,074 MCF | Feb 2025 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Bell Lake Unit North | Lea County, NM | 210,288 BBLs | 1,341,571 MCF | Feb 2025 |
| Black Mamba 15 State | Lea County, NM | 6,680 BBLs | 7,277 MCF | Feb 2025 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Boa State Com | Lea County, NM | 229,998 BBLs | 437,195 MCF | Feb 2025 |
| Boa State Com 703H | Lea County, NM | 11,537 BBLs | 20,096 MCF | Feb 2025 |
| Driver 14 Federal Com | Lea County, NM | 421,004 BBLs | 925,219 MCF | Feb 2025 |
| Foghorn 32 State | Lea County, NM | 3,500 BBLs | 23,752 MCF | Feb 2025 |
| Leghorn 32 State | Lea County, NM | 313 BBLs | 13,520 MCF | Feb 2025 |
| Limestone | Lea County, NM | 333 BBLs | 0 MCF | Feb 2025 |
| North Bell Lake | Lea County, NM | 257 BBLs | 23 MCF | Feb 2025 |
| North Thistle | Lea County, NM | 233,269 BBLs | 469,547 MCF | Feb 2025 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 13,831 BBLs | 19,081 MCF | Feb 2025 |
| Serpentine 2 35 State Federal Com | Lea County, NM | 18,764 BBLs | 39,501 MCF | Feb 2025 |
| Sopapilla State | Lea County, NM | 1,220 BBLs | 51,825 MCF | Feb 2025 |
| Starcaster 18 Federal Com | Lea County, NM | 5,170 BBLs | 31,292 MCF | Feb 2025 |
| Taipan 10 State Com | Lea County, NM | 1,560 BBLs | 1,736 MCF | Feb 2025 |
| Tweety Bird 17 Federal Com 305H | Lea County, NM | 2,398 BBLs | 2,123 MCF | Feb 2025 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 12,962 BBLs | 50,807 MCF | Feb 2025 |
These are the closest 20 companies operating near the Serpentine 35 property.