Oil & Gas Property in Lea County, NM
Key data points for State 16
| County | Lea County, NM |
|---|---|
| Operator | KEM VENTURES, LP |
| Production Dates | Jan 1993 - Jul 2016 |
| Total Oil Production | 264 BBLs |
| Total Gas Production | 129,705 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for State 16
ShaleAssessment™
$835 *
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
These are the closest 20 properties to the State 16 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ainsworth | Cochran County, TX | 0 BBLs | 0 MCF | Sep 2023 |
| Allied 93 | Lea County, NM | 0 BBLs | 0 MCF | Jun 2019 |
| Arco Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 1999 |
| Bell B Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2019 |
| Bilbrey | Lea County, NM | 0 BBLs | 0 MCF | Apr 2020 |
| Brown | Lea County, NM | 0 BBLs | 0 MCF | Sep 2023 |
| Buckshot | Cochran County, TX | 119 BBLs | 0 MCF | Jul 2025 |
| Chicken On A Chain | Cochran County, TX | 595 BBLs | 2,455 MCF | Jul 2025 |
| Cox Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2024 |
| Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Field Mabel | Cochran County, TX | 167 BBLs | 420 MCF | Jun 2025 |
| Great Western | Lea County, NM | 104 BBLs | 9 MCF | Jul 2025 |
| Gulf Federal | Lea County, NM | 2 BBLs | 3 MCF | Jul 2025 |
| JCT 18 Federal | Lea County, NM | 489 BBLs | 3 MCF | Aug 2025 |
| Landreth | Cochran County, TX | 307 BBLs | 0 MCF | Jul 2025 |
| Mallory-Sherrill | Cochran County, TX | 0 BBLs | 0 MCF | Mar 2023 |
| McDermott Federal | Lea County, NM | 35 BBLs | 121 MCF | Jul 2025 |
| Sinclair Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2001 |
| U S M 00 | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Wilson | Cochran County, TX | 170 BBLs | 0 MCF | Jul 2025 |
These are the closest 20 companies operating near the State 16 property.