State 1

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State 1

CountyLea County, NM
Production DatesJan 1993 - Mar 2002
Total Oil Production2,532 BBLs
Total Gas Production829,300 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for State 1

ShaleAssessment

Not Available

MarketMultiple

Not Available

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

Based on a decimal interest

State 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State 1
from Jan 1993 to Mar 2002

Wells on State 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26190STATE 17 001MERIT ENERGY COMPANY, LLCPluggedLea County, NM33.106430-103.328285
30-025-26297STATE 16 002MISSION RESOURCES CORPORATIONPluggedLea County, NM33.106430-103.311058

Leases included in State 1

Lease #Lease NameOperatorCounty
18339STATE 16MISSION RESOURCES CORPORATIONLea County, NM
7721STATE 17MERIT ENERGY COMPANY, LLCLea County, NM

Operators Associated With State 1

Nearby Properties

These are the closest 9 properties to the State 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Austin MonteithLea County, NM0 BBLs0 MCFApr 2022
Caudill NorthLea County, NM0 BBLs0 MCFOct 2011
Caudill WestLea County, NM174 BBLs20,091 MCFFeb 2025
Chocolate Foam WingLea County, NM20 BBLs513 MCFFeb 2025
Duncan UnitLea County, NM0 BBLs0 MCFAug 1996
GoodrichLea County, NM0 BBLs0 MCFDec 1998
Reed 24 25 B StateLea County, NM591 BBLs5,487 MCFFeb 2025
RichardsonLea County, NM0 BBLs965 MCFFeb 2025
StateLea County, NM306 BBLs63 MCFFeb 2025