State Section

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 Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State Section

CountyLea County, NM
Production DatesJan 1993 - Feb 2025
Total Oil Production127,167 BBLs
Total Gas Production5,648,168 MCF
Recent Oil Production251 BBLs in Feb 2025
Recent Gas Production0 MCF in Feb 2025
Wells on Property4

Our Valuation Estimates for State Section

ShaleAssessment™

$9,149 *

MarketMultiple™

$37,537 **

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

Based on a decimal interest

State Section Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State Section
from Jan 1993 to Feb 2025

Wells on State Section

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-25032STATE SECTION 6 001SOUTHWEST ROYALTIES INCActiveLea County, NM32.858818-103.499092
30-025-25273STATE SECTION 7 COM 001APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.851540-103.495102
30-025-35367STATE SECTION 7 COM 002MARATHON OIL COCancelledLea County, NM32.845003-103.495095
30-025-36358STATE SECTION 6 002SOUTHWEST ROYALTIES INCCancelledLea County, NM32.862419-103.494463

Leases included in State Section

Lease #Lease NameOperatorCountyMonthly Oil Prod.
10664STATE SECTION 6SOUTHWEST ROYALTIES INCLea County, NM
306623STATE SECTION 7 COMAPACHE CORPORATIONLea County, NM
6475STATE SECTION 7 COMMARATHON OIL COLea County, NM

Operators Associated With State Section

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bridges StateLea County, NM3,572 BBLs979 MCFFeb 2025
Encore 12 State ComLea County, NM0 BBLs424 MCFFeb 2025
Encore 36 StateLea County, NM0 BBLs252 MCFFeb 2025
Giles StateLea County, NM0 BBLs0 MCFNov 2020
Marathon Section 17 State ComLea County, NM0 BBLs0 MCFDec 2021
Miller BW StateLea County, NM124 BBLs0 MCFFeb 2025
North Vacuum AboLea County, NM17,212 BBLs11,274 MCFFeb 2025
North Vacuum AboLea County, NM214 BBLs320 MCFFeb 2025
Pinedale 22115 9 4 State ComLea County, NM5,109 BBLs8,708 MCFFeb 2025
SagebrushLea County, NM354 BBLs0 MCFFeb 2025
Santa Fe A ComLea County, NM3 BBLs0 MCFFeb 2025
Shoe Bar Ranch Unit 3Lea County, NM0 BBLs0 MCFNov 2023
ShoebarLea County, NM0 BBLs0 MCFMar 2024
Silverstrand StateLea County, NM322 BBLs62 MCFFeb 2025
South Shoebar 1Lea County, NM0 BBLs354 MCFFeb 2025
Staplin State AcLea County, NM312 BBLs0 MCFFeb 2025
State Of New Mexico 35Lea County, NM170 BBLs0 MCFFeb 2025
VacuumLea County, NM531 BBLs0 MCFFeb 2025
VacuumLea County, NM160 BBLs995 MCFFeb 2025
Willow Peg StateLea County, NM0 BBLs0 MCFApr 2023

Companies in the Area

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

Company Name
Apache Corporation
BC Operating, Inc.
Breitburn Operating LP
Bta Oil Producers, LLC
Chevron USA Inc
Cross Timbers Energy, LLC
Fae II Operating LLC
Lime Rock Resources II-A, L.P.
Marathon Oil Company
Mobil Producing Texas & New Mexico
Morningstar Operating LLC
Phillips Petroleum Company
Quantum Resources Management LLC
Redwood Operating LLC
Sage Energy Company
Sheridan Production Company, LLC
Southwest Royalties Inc
Texaco Expl. And Prod. Inc.
Unitex Oil & Gas, L.L.C.
XTO Energy Inc.