Shell State

Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Shell State Gas Property

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Property Summary

Key data points for Shell State

CountyLea County, NM
OperatorFAE II OPERATING LLC
Production DatesJan 1993 - Dec 2025
Total Oil Production0 BBLs
Total Gas Production1,042,234 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production126 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Shell State

ShaleAssessment™

Not Available

MarketMultiple™

$1,757 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Shell State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Shell State
from Jan 1993 to Dec 2025

Wells on Shell State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-09338SHELL STATE 002FAE II Operating LLCActiveLea County, NM32.298954-103.212402
30-025-09373SHELL STATE 003FAE II Operating LLCActiveLea County, NM32.284489-103.246567
30-025-27585SHELL STATE 005FAE II Operating LLCActiveLea County, NM32.302094-103.215599

Leases included in Shell State

Lease #Lease NameOperatorCountyMonthly Gas Prod.
326408SHELL STATEFAE II Operating LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Shell State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Duthie AndrewsLea County, NM0 BBLs179 MCFDec 2025
E L SteelerLea County, NM0 BBLs962 MCFDec 2025
Hughes BLea County, NM0 BBLs0 MCFNov 2025
J C JohnsonLea County, NM0 BBLs991 MCFDec 2025
J F Janda NCTLea County, NM179 BBLs0 MCFDec 2025
JandaLea County, NM0 BBLs0 MCFNov 2025
Langlie Lynn Queen UnitLea County, NM22 BBLs0 MCFDec 2025
Langlie Mattix B 4 Penrose Queen UtLea County, NM0 BBLs0 MCFMar 2025
LankfordLea County, NM43 BBLs0 MCFDec 2025
LynnLea County, NM256 BBLs506 MCFDec 2025
MatkinsLea County, NM0 BBLs1,681 MCFDec 2025
MobilLea County, NM0 BBLs0 MCFDec 2018
New MexicoLea County, NM65 BBLs1,339 MCFDec 2025
Sapphire StateLea County, NM0 BBLs0 MCFMay 2023
Sinclair A StateLea County, NM0 BBLs0 MCFNov 2025
StateLea County, NM2,860 BBLs7,200 MCFDec 2025
State A A/C 3 Com ALea County, NM0 BBLs521 MCFDec 2025
SteelerLea County, NM0 BBLs0 MCFNov 2025
Stevens BLea County, NM0 BBLs0 MCFJan 2017
Stevens BLea County, NM101 BBLs294 MCFDec 2025

Companies in the Area

These are the closest 20 companies operating near the Shell State property.

Company Name
Apache Corporation
Bce-Mach III LLC
BP America Production Company
Cameron Oil & Gas Inc
Cimarex Energy Co. Of Colorado
Conoco Inc
Doyle Hartman
Energen Resources Corporation
Enervest Operating LLC
Evans Oil Company Inc
Fae II Operating LLC
Hal J Rasmussen Oper Inc
Hilcorp Energy Company
K P Kauffman Company Inc
Mission Resources Corporation
Rhombus Operating Co., LTD
Roca Production, Inc.
Sabinal Energy Operating, LLC
Samedan Oil Corporation
Yarbrough Oil LP