State Section 2

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for State Section 2

CountyLea County, NM
OperatorAPACHE CORPORATION
Production DatesJan 1993 - Nov 2024
Total Oil Production42,001 BBLs
Total Gas Production701,508 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property8

Our Valuation Estimates for State Section 2

ShaleAssessment™

$1,095 *

MarketMultiple™

$3,181 **

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

Based on a decimal interest

State Section 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Section 2
from Jan 1993 to Nov 2024

Wells on State Section 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-06369STATE SECTION 2 003APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.502464-103.140213
30-025-06371STATE SECTION 2 005APACHE CORPORATIONPluggedLea County, NM32.505817-103.140549
30-025-06373STATE SECTION 2 007APACHE CORPORATIONActiveLea County, NM32.502468-103.135933
30-025-06374STATE SECTION 2 008APACHE CORPORATIONActiveLea County, NM32.512455-103.140244
30-025-06377STATE SECTION 2 011APACHE CORPORATIONPluggedLea County, NM32.512924-103.141312
30-025-06379STATE SECTION 2 013APACHE CORPORATIONPluggedLea County, NM32.508816-103.137016
30-025-06380STATE SECTION 2 014APACHE CORPORATIONActiveLea County, NM32.510632-103.136635
30-025-06489STATE SECTION 2 021APACHE CORPORATIONPluggedLea County, NM32.506714-103.139160

Leases included in State Section 2

Lease #Lease NameOperatorCounty
23116STATE SECTION 2APACHE CORPORATIONLea County, NM

Nearby Properties

These are the closest 20 properties to the State Section 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Coogan FederalLea County, NM0 BBLs0 MCFJan 2018
DauronLea County, NM0 BBLs0 MCFJan 2025
East Blinebry Drinkard UnitLea County, NM8,813 BBLs42,764 MCFFeb 2025
ElliottLea County, NM0 BBLs0 MCFApr 2024
EubanksLea County, NM406 BBLs3,849 MCFFeb 2025
Exxon FeeLea County, NM0 BBLs0 MCFSep 2016
Gulf HillLea County, NM67 BBLs876 MCFFeb 2025
Harry Leonard NCTLea County, NM1,132 BBLs10,169 MCFFeb 2025
HawkLea County, NM481 BBLs7,097 MCFFeb 2025
Hawk FederalLea County, NM985 BBLs20,538 MCFFeb 2025
HillLea County, NM0 BBLs0 MCFJan 2025
Lea CountyLea County, NM36 BBLs20 MCFFeb 2025
LivingstonLea County, NM328 BBLs10,144 MCFFeb 2025
New MexicoLea County, NM0 BBLs0 MCFJan 2025
Northeast Drinkard UnitLea County, NM21,145 BBLs87,233 MCFFeb 2025
Southland Royalty ALea County, NM205 BBLs2,444 MCFFeb 2025
Taylor GlennLea County, NM87 BBLs858 MCFFeb 2025
Wantz FederalLea County, NM0 BBLs0 MCFJan 2025
Warren Unit Blinebry Tubb WFLea County, NM4,819 BBLs26,078 MCFFeb 2025
West Blinebry Drinkard UnitLea County, NM20,601 BBLs50,063 MCFFeb 2025

Companies in the Area

These are the closest 20 companies operating near the State Section 2 property.

Company Name
Apache Corporation
Cameron Oil & Gas Inc
Chevron USA Inc
Conoco Inc.
ConocoPhillips Company
Contango Resources LLC
Empire New Mexico LLC
Endeavor Energy Resources, LP
Hilcorp Energy Company
John H Hendrix Corp
Jr Cone Operating, LLC
Mar Oil & Gas Corp.
Petroleum Exploration Company LTD., Limited P
Raybaw Operating, LLC
SDX Resources, Inc.
Shell Western E&P Inc.
Southwest Royalties Inc
Texakoma Oil & Gas Corp
Three Forks Resources LLC
Zimmerman Oil & Gas Exploration, Inc.