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

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Property Summary

Key data points for State Section

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production127,475 BBLs
Total Gas Production5,648,168 MCF
Recent Oil Production308 BBLs in Mar 2025
Recent Gas Production0 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for State Section

ShaleAssessment™

$9,015 *

MarketMultiple™

$35,669 **

* 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
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to oil and gas production for State Section
from Jan 1993 to Mar 2025

Wells on State Section

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,

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, NM3,561 BBLs1,441 MCFMar 2025
Encore 12 State ComLea County, NM0 BBLs1,678 MCFMar 2025
Encore 36 StateLea County, NM0 BBLs225 MCFMar 2025
Giles StateLea County, NM0 BBLs0 MCFNov 2020
Marathon Section 17 State ComLea County, NM0 BBLs0 MCFDec 2021
Miller BW StateLea County, NM0 BBLs0 MCFFeb 2025
North Vacuum AboLea County, NM22,512 BBLs12,026 MCFMar 2025
North Vacuum AboLea County, NM287 BBLs306 MCFMar 2025
Pinedale 22115 9 4 State ComLea County, NM6,706 BBLs11,487 MCFMar 2025
SagebrushLea County, NM398 BBLs310 MCFMar 2025
Santa Fe A ComLea County, NM0 BBLs0 MCFFeb 2025
Shoe Bar Ranch Unit 3Lea County, NM0 BBLs0 MCFNov 2023
ShoebarLea County, NM0 BBLs0 MCFMar 2024
Silverstrand StateLea County, NM404 BBLs82 MCFMar 2025
South Shoebar 1Lea County, NM0 BBLs0 MCFFeb 2025
Staplin State AcLea County, NM382 BBLs0 MCFMar 2025
State Of New Mexico 35Lea County, NM190 BBLs0 MCFMar 2025
VacuumLea County, NM501 BBLs0 MCFMar 2025
VacuumLea County, NM0 BBLs1,097 MCFMar 2025
Willow Peg StateLea County, NM0 BBLs0 MCFApr 2023

Companies in the Area

These are the closest 0 companies operating near the State Section property.

Company Name