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 2024 |
| Total Oil Production | 532,935 BBLs |
| Total Gas Production | 931,086 MCF |
| Recent Oil Production | 281,944 BBLs in Feb 2024 |
| Recent Gas Production | 476,565 MCF in Feb 2024 |
| Wells on Property | 11 |
Our Valuation Estimates for Serpentine 35
ShaleAssessment™
Not Available
MarketMultiple™
$32,853,956 **
* 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 |
|---|---|---|---|---|
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Bell Lake Unit North | Lea County, NM | 383,521 BBLs | 1,396,516 MCF | Feb 2024 |
| Black Mamba 15 State | Lea County, NM | 5,972 BBLs | 5,415 MCF | Feb 2024 |
| Blanco 3 State Com | Lea County, NM | 0 BBLs | 0 MCF | Sep 2021 |
| Driver 14 Federal Com | Lea County, NM | 128,793 BBLs | 245,334 MCF | Feb 2024 |
| Driver 14 State Com | Lea County, NM | 1,221 BBLs | 941 MCF | Feb 2024 |
| Foghorn 32 State | Lea County, NM | 4,152 BBLs | 11,290 MCF | Feb 2024 |
| Gaucho Unit | Lea County, NM | 17,443 BBLs | 99,757 MCF | Feb 2024 |
| Jazzmaster 17 State | Lea County, NM | 641 BBLs | 922 MCF | Mar 2024 |
| Leghorn 32 State | Lea County, NM | 1,508 BBLs | 21,348 MCF | Feb 2024 |
| Limestone | Lea County, NM | 629 BBLs | 930 MCF | Feb 2024 |
| North Bell Lake | Lea County, NM | 206 BBLs | 33 MCF | Feb 2024 |
| North Thistle | Lea County, NM | 24,502 BBLs | 324,795 MCF | Feb 2024 |
| Parseltongue 15 10 State Com | Lea County, NM | 84,654 BBLs | 169,351 MCF | Feb 2024 |
| Serpentine 2 26 State Federal Com | Lea County, NM | 16,990 BBLs | 24,074 MCF | Feb 2024 |
| Serpentine 2 35 State Federal Com | Lea County, NM | 32,203 BBLs | 59,910 MCF | Feb 2024 |
| Sopapilla State | Lea County, NM | 1,706 BBLs | 60,929 MCF | Mar 2024 |
| Starcaster 18 Federal Com | Lea County, NM | 7,389 BBLs | 27,801 MCF | Mar 2024 |
| Taipan 10 State Com | Lea County, NM | 1,991 BBLs | 2,238 MCF | Feb 2024 |
| White Wing 7909 18 19 Federal Com | Lea County, NM | 17,671 BBLs | 77,772 MCF | Mar 2024 |
These are the closest 20 companies operating near the Serpentine 35 property.