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
Production DatesJan 1993 - Mar 2026
Total Oil Production42,368 BBLs
Total Gas Production702,438 MCF
Recent Oil Production0 BBLs in Mar 2026
Recent Gas Production25 MCF in Mar 2026
Wells on Property8

Our Valuation Estimates for State Section 2

ShaleAssessment™

$858 *

MarketMultiple™

$3,803 **

* 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 Mar 2026

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 003HILCORP ENERGY COMPANYPlugged (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 007HILCORP ENERGY COMPANYActiveLea County, NM32.502468-103.135933
30-025-06374STATE SECTION 2 008HILCORP ENERGY COMPANYActiveLea 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 014HILCORP ENERGY COMPANYActiveLea 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 NameOperatorCountyMonthly Gas Prod.
23116STATE SECTION 2APACHE CORPORATIONLea County, NM
337551STATE SECTION 2HILCORP ENERGY COMPANYLea County, NM

Operators Associated With State Section 2

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, NM301 BBLs1,834 MCFMar 2026
East Blinebry Drinkard UnitLea County, NM11,177 BBLs46,171 MCFMar 2026
ElliottLea County, NM5 BBLs0 MCFMar 2026
Exxon FeeLea County, NM0 BBLs0 MCFSep 2016
Gulf HillLea County, NM91 BBLs1,155 MCFMar 2026
Harry Leonard NCTLea County, NM527 BBLs7,445 MCFMar 2026
HawkLea County, NM683 BBLs9,094 MCFMar 2026
Hawk FederalLea County, NM1,084 BBLs25,512 MCFMar 2026
HillLea County, NM71 BBLs792 MCFApr 2026
Lea CountyLea County, NM20 BBLs67 MCFMar 2026
LivingstonLea County, NM520 BBLs10,753 MCFMar 2026
M W CollLea County, NM369 BBLs878 MCFMar 2026
New MexicoLea County, NM0 BBLs334 MCFMar 2026
Northeast Drinkard UnitLea County, NM24,987 BBLs104,311 MCFMar 2026
Southland Royalty ALea County, NM476 BBLs5,638 MCFMar 2026
Taylor GlennLea County, NM207 BBLs2,380 MCFMar 2026
Wantz FederalLea County, NM141 BBLs146 MCFMar 2026
Warren Unit Blinebry Tubb WFLea County, NM6,486 BBLs31,647 MCFMar 2026
West Blinebry Drinkard UnitLea County, NM25,213 BBLs58,039 MCFMar 2026

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
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.