State 1

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. State 1 Oil & Gas Property

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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 11 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, NM160 BBLs20,701 MCFSep 2025
Chocolate Foam WingLea County, NM8 BBLs498 MCFSep 2025
Duncan UnitLea County, NM0 BBLs0 MCFAug 1996
GoodrichLea County, NM0 BBLs0 MCFDec 1998
GrahamLea County, NM221 BBLs1,701 MCFSep 2025
MelissaLea County, NM320 BBLs1,401 MCFOct 2025
Reed 24 25 B StateLea County, NM226 BBLs2,645 MCFOct 2025
RichardsonLea County, NM0 BBLs2,113 MCFOct 2025
StateLea County, NM301 BBLs74 MCFOct 2025

Companies in the Area

These are the closest 17 companies operating near the State 1 property.

Company Name
Arco Permian
Chesapeake Operating, Inc.
Continental Resources, Inc.
Coterra Energy Operating Co.
Dakota Resources, Inc
DKD,LLC
Elk Oil Company
Extex Operating Company
Harvey E Yates Company
Legacy Reserves Operating LP
Matador Production Company
Mewbourne Oil Company
Nadel And Gussman Heyco, LLC
Rand Paulson Energy Company
Saguaro Petroleum, LLC
Stanolind Permian LLC
V-F Petroleum Inc.