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 - Feb 2026
Total Oil Production42,368 BBLs
Total Gas Production702,461 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production32 MCF in Feb 2026
Wells on Property8

Our Valuation Estimates for State Section 2

ShaleAssessment™

$870 *

MarketMultiple™

$5,128 **

* 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 Feb 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, NM639 BBLs2,118 MCFFeb 2026
East Blinebry Drinkard UnitLea County, NM9,158 BBLs38,491 MCFFeb 2026
ElliottLea County, NM0 BBLs0 MCFApr 2024
Exxon FeeLea County, NM0 BBLs0 MCFSep 2016
Gulf HillLea County, NM107 BBLs1,188 MCFFeb 2026
Harry Leonard NCTLea County, NM770 BBLs9,358 MCFFeb 2026
HawkLea County, NM516 BBLs7,183 MCFFeb 2026
Hawk FederalLea County, NM1,038 BBLs23,783 MCFFeb 2026
HillLea County, NM179 BBLs1,346 MCFFeb 2026
Lea CountyLea County, NM29 BBLs70 MCFFeb 2026
LivingstonLea County, NM490 BBLs10,553 MCFFeb 2026
New MexicoLea County, NM0 BBLs0 MCFJan 2026
Northeast Drinkard UnitLea County, NM20,756 BBLs86,461 MCFFeb 2026
PlumleeLea County, NM398 BBLs688 MCFFeb 2026
Southland Royalty ALea County, NM558 BBLs5,070 MCFFeb 2026
Taylor GlennLea County, NM81 BBLs1,168 MCFFeb 2026
Wantz FederalLea County, NM177 BBLs133 MCFFeb 2026
Warren Unit Blinebry Tubb WFLea County, NM7,141 BBLs32,881 MCFFeb 2026
West Blinebry Drinkard UnitLea County, NM24,354 BBLs52,879 MCFFeb 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.