Gas Property in Lea County, NM
Key data points for Shell State
| County | Lea County, NM |
|---|---|
| Operator | FAE II OPERATING LLC |
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 0 BBLs |
| Total Gas Production | 1,042,622 MCF |
| Recent Oil Production | 0 BBLs in Feb 2026 |
| Recent Gas Production | 349 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Shell State
ShaleAssessment™
Not Available
MarketMultiple™
$1,800 **
* 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 Shell State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Duthie Andrews | Lea County, NM | 0 BBLs | 171 MCF | Feb 2026 |
| E L Steeler | Lea County, NM | 0 BBLs | 883 MCF | Feb 2026 |
| Hughes B | Lea County, NM | 0 BBLs | 643 MCF | Feb 2026 |
| J C Johnson | Lea County, NM | 0 BBLs | 644 MCF | Feb 2026 |
| J F Janda NCT | Lea County, NM | 37 BBLs | 762 MCF | Feb 2026 |
| Janda | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Langlie Lynn Queen Unit | Lea County, NM | 14 BBLs | 831 MCF | Feb 2026 |
| Langlie Mattix B 4 Penrose Queen Ut | Lea County, NM | 0 BBLs | 0 MCF | Mar 2025 |
| Lankford | Lea County, NM | 8 BBLs | 0 MCF | Feb 2026 |
| Lynn | Lea County, NM | 206 BBLs | 692 MCF | Feb 2026 |
| Matkins | Lea County, NM | 0 BBLs | 2,974 MCF | Feb 2026 |
| Mobil | Lea County, NM | 0 BBLs | 0 MCF | Dec 2018 |
| New Mexico | Lea County, NM | 53 BBLs | 1,745 MCF | Feb 2026 |
| Sapphire State | Lea County, NM | 0 BBLs | 0 MCF | May 2023 |
| Sinclair A State | Lea County, NM | 0 BBLs | 2,156 MCF | Feb 2026 |
| State | Lea County, NM | 2,431 BBLs | 16,870 MCF | Feb 2026 |
| State A A/C 3 Com A | Lea County, NM | 0 BBLs | 452 MCF | Feb 2026 |
| Steeler | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Stevens B | Lea County, NM | 0 BBLs | 0 MCF | Jan 2017 |
| Stevens B | Lea County, NM | 193 BBLs | 624 MCF | Feb 2026 |
These are the closest 20 companies operating near the Shell State property.