State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Oct 2025
Total Oil Production5,212,305 BBLs
Total Gas Production15,142,555 MCF
Recent Oil Production4,872 BBLs in Sep 2025
Recent Gas Production8,433 MCF in Sep 2025
Wells on Property108

Our Valuation Estimates for State

ShaleAssessment™

$360,047 *

MarketMultiple™

$628,558 **

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

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Jan 1993 to Oct 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-00019STATE BL 001OXY USA INCPluggedLea County, NM33.447929-103.650673
30-025-00024STATE AD 002OXY USA INCPluggedLea County, NM33.429932-103.653923
30-025-00025STATE AD 003VINTAGE PETROLEUM,LLCPluggedLea County, NM33.425545-103.655029
30-025-00977STATE K 002MARATHON OIL PERMIAN LLCPluggedLea County, NM33.481270-103.532650
30-025-00988STATE D 001SOUTHLAND ROYALTY COPluggedLea County, NM33.404762-103.601753
30-025-00998STATE NBN 001JAY MANAGEMENT COMPANY, LLCTemporary Abandonment (Expired)Lea County, NM33.360451-103.621475
30-025-01008STATE BTQ 001STEVENSON OIL COMPANY, INC.ActiveLea County, NM33.316910-103.612763
30-025-01009STATE BT M 002BXP Operating, LLCActiveLea County, NM33.324158-103.612770
30-025-01011STATE BTM 001HESS CORPORATIONPluggedLea County, NM33.324158-103.595490
30-025-01012STATE BT N 001BXP Operating, LLCActiveLea County, NM33.316902-103.595482
30-025-01014STATE BT P 001PALADIN ENERGY CORPPluggedLea County, NM33.324158-103.608452
30-025-01016STATE BTC 002HESS CORPORATIONPluggedLea County, NM33.327770-103.582504
30-025-01017STATE BT C 003BXP Operating, LLCActiveLea County, NM33.320526-103.591164
30-025-01018STATE BTC 004HESS CORPORATIONPluggedLea County, NM33.316898-103.591156
30-025-01019STATE BT C 005BXP Operating, LLCActiveLea County, NM33.320526-103.586838
30-025-01020STATE BT D 002PALADIN ENERGY CORPPluggedLea County, NM33.320522-103.582512
30-025-01021STATE BT D 003BXP Operating, LLCActiveLea County, NM33.316891-103.578194
30-025-01022STATE BTD 005HESS CORPORATIONPluggedLea County, NM33.316895-103.582520
30-025-01023STATE 65 001JPH OIL PRODUCERS DBA JIMMY P HODGEActiveLea County, NM33.309643-103.573837
30-025-01024STATE J 001JPH OIL PRODUCERS DBA JIMMY P HODGEActiveLea County, NM33.314171-103.574951
30-025-01025STATE BT A 001BXP Operating, LLCPlugged (Not Released)Lea County, NM33.306007-103.582497
30-025-01026STATE BTA 002HESS CORPORATIONPluggedLea County, NM33.309639-103.582504
30-025-01027STATE BTD 001HESS CORPORATIONPluggedLea County, NM33.302380-103.586777
30-025-01028STATE BT I 001BXP Operating, LLCActiveLea County, NM33.313271-103.591148
30-025-01030STATE BTI 002HESS CORPORATIONPluggedLea County, NM33.306007-103.586792
30-025-01031STATE BT L 001JPH OIL PRODUCERS DBA JIMMY P HODGEActiveLea County, NM33.302376-103.578171
30-025-01032STATE BD 001SAMSON RESOURCES COPluggedLea County, NM33.309635-103.578186
30-025-01033STATE BD 003POGO OIL & GAS OPERATING, INCPluggedLea County, NM33.306004-103.578178
30-025-01035STATE C AC 1 002BXP Operating, LLCActiveLea County, NM33.309639-103.586807
30-025-01036STATE C AC 1 003BXP Operating, LLCActiveLea County, NM33.306007-103.591118
30-025-01037STATE C AC 1 004BXP Operating, LLCActiveLea County, NM33.302380-103.591095
30-025-01038STATE C AC 1 005SAMSON RESOURCES COPluggedLea County, NM33.313267-103.586830
30-025-01039STATE BD 002BXP Operating, LLCActiveLea County, NM33.313263-103.578194
30-025-01049STATE C 001RAYBAW Operating, LLCActiveLea County, NM33.313282-103.612755
30-025-01052STATE BTJ 001JPH OIL PRODUCERS DBA JIMMY P HODGEActiveLea County, NM33.295120-103.578163
30-025-01057STATE B AC-1 002JPH OIL PRODUCERS DBA JIMMY P HODGEReclamation Fund ApprovedLea County, NM33.298748-103.582489
30-025-01821STATE EF COM 001RAYBAW Operating, LLCActiveLea County, NM33.389492-103.544106
30-025-08000STATE DX 001NATIONAL ENERGY GROUP INCPluggedLea County, NM33.404553-103.680130
30-025-08321STATE C AC 1 006SAMSON RESOURCES COPluggedLea County, NM33.309444-103.586578
30-025-08441STATE 1-30 001MARK L SHIDLER INCActiveLea County, NM33.255096-103.548363
30-025-20083STATE EF COM 002LAYTON ENTERPRISES INCPluggedLea County, NM33.393074-103.548409
30-025-20105STATE BN 002OXY USA INCPluggedLea County, NM33.440830-103.649544
30-025-20134STATE BN 001OXY USA INCPluggedLea County, NM33.444470-103.646271
30-025-20501STATE 11 23 001Ad Astra Resources LLCActiveLea County, NM33.437203-103.649559
30-025-20625STATE AD 006OXY USA INCPluggedLea County, NM33.433563-103.652824
30-025-20626STATE BL 002OXY USA INCPluggedLea County, NM33.451634-103.649468
30-025-20627STATE BL 003OXY USA INCPlugged (Not Released)Lea County, NM33.448013-103.645165
30-025-20628STATE BN 004Ad Astra Resources LLCActiveLea County, NM33.440846-103.645210
30-025-20657STATE 11 23 002Ad Astra Resources LLCActiveLea County, NM33.433571-103.649582
30-025-20658STATE 11 23 003Ad Astra Resources LLCActiveLea County, NM33.430000-103.649597
30-025-20659STATE 11 23 004Ad Astra Resources LLCActiveLea County, NM33.426373-103.649612
30-025-20660STATE 11 23 005OXY USA INCPluggedLea County, NM33.426373-103.649612
30-025-20661STATE 11 23 006OXY USA INCPluggedLea County, NM33.433590-103.645248
30-025-20891STATE NBF 001JAY MANAGEMENT COMPANY, LLCPluggedLea County, NM33.353176-103.604164
30-025-20897STATE AS 001TIPPERARY OIL & GAS CORPPluggedLea County, NM33.338680-103.634407
30-025-20908STATE EF COM 003RAYBAW Operating, LLCActiveLea County, NM33.393440-103.552742
30-025-21101STATE EF COM 004LAYTON ENTERPRISES INCPluggedLea County, NM33.393395-103.556831
30-025-21146STATE AD 007VINTAGE PETROLEUM,LLCPluggedLea County, NM33.426346-103.657776
30-025-21160STATE BN 003OXY USA INCPluggedLea County, NM33.444458-103.649513
30-025-21207State AD(2) 009OXY USA INCPluggedLea County, NM33.433601-103.641922
30-025-21208STATE AD 010OXY USA INCPluggedLea County, NM33.437229-103.641914
30-025-21248STATE B 001CHARLES B GILLESPIE JRPluggedLea County, NM33.388542-103.600914
30-025-21757STATE DC 001J-CO SERVICES, LLCActiveLea County, NM33.360436-103.612824
30-025-21800STATE AK SWD 00106 SWD, LLCPlugged (Not Released)Lea County, NM33.374939-103.604195
30-025-21948STATE DG 001PRIME OPERATING COPluggedLea County, NM33.367710-103.621498
30-025-21949STATE DH 001J-CO SERVICES, LLCActiveLea County, NM33.349552-103.612808
30-025-22018STATE AD 011OXY USA INCPluggedLea County, NM33.426727-103.658264
30-025-22037STATE DH 002J-CO SERVICES, LLCActiveLea County, NM33.345924-103.612801
30-025-22049STATE K 001CHAPARRAL ENERGY LLCPluggedLea County, NM33.349564-103.621460
30-025-22059STATE C 002MULLOY OPERATING, INC.ActiveLea County, NM33.382183-103.591179
30-025-22117STATE CF 3RO 001COG OPERATING LLCPluggedLea County, NM33.408512-103.566811
30-025-22151STATE GG 001CHESAPEAKE OPERATING, INC.PluggedLea County, NM33.378471-103.496483
30-025-22241STATE K 001M & G OIL INCPluggedLea County, NM33.469990-103.535500
30-025-22313STATE EF COM 005ENERGYQUEST II, LLCPluggedLea County, NM33.389507-103.539780
30-025-22314STATE DK 001PRIME OPERATING COPlugged (Not Released)Lea County, NM33.371349-103.630158
30-025-22329STATE OG 001LBO NEW MEXICO INCPluggedLea County, NM33.378593-103.621521
30-025-22353STATE L 001OXY USA INCPluggedLea County, NM33.473602-103.540016
30-025-22388STATE L 002OXY USA INCPluggedLea County, NM33.480766-103.539932
30-025-22392STATE DK 002PRIME OPERATING COActiveLea County, NM33.371342-103.638786
30-025-22478STATE K 002CHAPARRAL ENERGY LLCPluggedLea County, NM33.349567-103.625786
30-025-23124STATE AO 001RAYBAW Operating, LLCActiveLea County, NM33.313286-103.621399
30-025-23353STATE E 001READ & STEVENS INCPluggedLea County, NM33.375004-103.655571
30-025-23431STATE C 002RAYBAW Operating, LLCActiveLea County, NM33.309654-103.612747
30-025-23512STATE AO 002RAYBAW Operating, LLCActiveLea County, NM33.309658-103.621178
30-025-23750STATE BT R 001BXP Operating, LLCActiveLea County, NM33.298721-103.608414
30-025-23755STATE B AC 1 004ENERGYQUEST II, LLCPluggedLea County, NM33.305985-103.616638
30-025-23803STATE SWB 001CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM33.411968-103.627419
30-025-23997STATE B 005JPH OIL PRODUCERS DBA JIMMY P HODGEPluggedLea County, NM33.291454-103.608421
30-025-24383STATE 34 001Ridge Runner Resources Operating, LLCPluggedLea County, NM33.324158-103.599808
30-025-24737STATE BT D 001BXP Operating, LLCActiveLea County, NM33.316895-103.582253
30-025-25161STATE 11 001MARJO OPERATING CO., INC.PluggedLea County, NM33.458889-103.649414
30-025-27582STATE 6 001NOVY OIL & GAS, INCPluggedLea County, NM33.477085-103.500984
30-025-28311STATE 4 002SOUTHWEST ROYALTIES INCActiveLea County, NM33.480830-103.575350
30-025-28770STATE 3RO 001Extex Operating CompanyActiveLea County, NM33.320530-103.595482
30-025-30064STATE 26 001WESTERN RESERVES OIL CO INCPluggedLea County, NM33.411366-103.539589
30-025-30646STATE K 003MARATHON OIL PERMIAN LLCPluggedLea County, NM33.477740-103.532530
30-025-30858STATE 26 003WESTERN RESERVES OIL CO INCPluggedLea County, NM33.414993-103.539543
30-025-31059STATE 26 004WESTERN RESERVES OIL CO INCPluggedLea County, NM33.418533-103.539505
30-025-31071STATE BN 005Ad Astra Resources LLCActiveLea County, NM33.442902-103.647087
30-025-31381STATE OG SWD 002JAY MANAGEMENT COMPANY, LLCPlugged (Not Released)Lea County, NM33.378601-103.625839
30-025-31399STATE BT A 003PALADIN ENERGY CORPPluggedLea County, NM33.310051-103.582504
30-025-33817STATE 14 001JOHN L COXPluggedLea County, NM33.275120-103.580307
30-025-34878STATE 14-A 002JOHN L COXCancelledLea County, NM33.277866-103.583610
30-025-34920STATE 14-A 001JOHN L COXPluggedLea County, NM33.282383-103.584290
30-025-35662STATE BD 004BXP Operating, LLCPlugged (Not Released)Lea County, NM33.309872-103.578003
30-025-37061STATE K 003Nitro Oil & Gas, LLCActiveLea County, NM33.345936-103.621452
30-025-37091STATE BT C 006BXP Operating, LLCActiveLea County, NM33.324146-103.586845
30-025-40669STATE BTA 004BXP Operating, LLCActiveLea County, NM33.308952-103.582504

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10417STATE DSOUTHLAND ROYALTY COLea County, NM
11344STATE ASTIPPERARY OIL & GAS CORPLea County, NM
11773STATE 26WESTERN RESERVES OIL CO INCLea County, NM
14581STATE BJPH OIL PRODUCERS DBA JIMMY P HODGELea County, NM
15537STATE DKPRIME OPERATING COLea County, NM
15539STATE DGPRIME OPERATING COLea County, NM
15994STATE C AC 1SAMSON RESOURCES COLea County, NM
15995STATE BDSAMSON RESOURCES COLea County, NM
175STATE BTAHESS CORPORATIONLea County, NM
176STATE BTCHESS CORPORATIONLea County, NM
177STATE BTDHESS CORPORATIONLea County, NM
179STATE BTIHESS CORPORATIONLea County, NM
180STATE BTMHESS CORPORATIONLea County, NM
20369STATE 14JOHN L COXLea County, NM
20711STATE 4SOUTHWEST ROYALTIES INCLea County, NM
21052STATE 6NOVY OIL & GAS, INCLea County, NM
23636STATE 11MARJO OPERATING CO., INC.Lea County, NM
24976STATE BT APALADIN ENERGY CORPLea County, NM
24979STATE BT DPALADIN ENERGY CORPLea County, NM
24983STATE BT PPALADIN ENERGY CORPLea County, NM
25269STATE 14-AJOHN L COXLea County, NM
2540STATE KCHAPARRAL ENERGY LLCLea County, NM
26645STATE KM & G OIL INCLea County, NM
300163STATE GGCHESAPEAKE OPERATING, INC.Lea County, NM
300306STATE LLATIGO PETROLEUM, INC.Lea County, NM
300499STATE SWBCIMAREX ENERGY CO. OF COLORADOLea County, NM
301815STATE ADVINTAGE PETROLEUM,LLCLea County, NM
305142STATE LOXY USA INCLea County, NM
305190STATE ADOXY USA INCLea County, NM
305192STATE BLOXY USA INCLea County, NM
305193STATE 11 23OXY USA INCLea County, NM
305195STATE BNOXY USA INCLea County, NM
306222STATE OG SWDJAY MANAGEMENT COMPANY, LLCLea County, NM
306245STATE NBFJAY MANAGEMENT COMPANY, LLCLea County, NM
306271STATE NBNJAY MANAGEMENT COMPANY, LLCLea County, NM
306354State AD(2)OXY USA INCLea County, NM
310159STATE BTQSTEVENSON OIL COMPANY, INC.Lea County, NM
310196STATE CF 3ROCOG OPERATING LLCLea County, NM
313075STATE B AC 1ENERGYQUEST II, LLCLea County, NM
313077STATE EF COMENERGYQUEST II, LLCLea County, NM
313505STATE AK SWD06 SWD, LLCLea County, NM
318982STATE KMARATHON OIL PERMIAN LLCLea County, NM
319293STATE BDPOGO OIL & GAS OPERATING, INCLea County, NM
321603STATE 34Ridge Runner Resources Operating, LLCLea County, NM
32181STATE B AC-1JPH OIL PRODUCERS DBA JIMMY P HODGELea County, NM
322917STATE CMULLOY OPERATING, INC.Lea County, NM
32347STATE 1-30MARK L SHIDLER INCLea County, NM
326117STATE 65JPH OIL PRODUCERS DBA JIMMY P HODGELea County, NM
326118STATE BT LJPH OIL PRODUCERS DBA JIMMY P HODGELea County, NM
326849STATE BDBXP Operating, LLCLea County, NM
326850STATE BT ABXP Operating, LLCLea County, NM
326851STATE BT CBXP Operating, LLCLea County, NM
326852STATE BT DBXP Operating, LLCLea County, NM
326853STATE BT IBXP Operating, LLCLea County, NM
326854STATE BT MBXP Operating, LLCLea County, NM
326855STATE BT NBXP Operating, LLCLea County, NM
326856STATE BT RBXP Operating, LLCLea County, NM
326857STATE BTABXP Operating, LLCLea County, NM
326859STATE C AC 1BXP Operating, LLCLea County, NM
329707STATE AORAYBAW Operating, LLCLea County, NM
329709STATE EF COMRAYBAW Operating, LLCLea County, NM
330602STATE 3ROExtex Operating CompanyLea County, NM
333340STATE KNitro Oil & Gas, LLCLea County, NM
336211STATE 11 23Ad Astra Resources LLCLea County, NM
336212STATE BNAd Astra Resources LLCLea County, NM
337102STATE DHJ-CO SERVICES, LLCLea County, NM
337103STATE DCJ-CO SERVICES, LLCLea County, NM
34175STATE BTJJPH OIL PRODUCERS DBA JIMMY P HODGELea County, NM
34246STATE JJPH OIL PRODUCERS DBA JIMMY P HODGELea County, NM
5793STATE EF COMLAYTON ENTERPRISES INCLea County, NM
5815STATE OGLBO NEW MEXICO INCLea County, NM
8363STATE DXNATIONAL ENERGY GROUP INCLea County, NM
8441STATE GGNEW MEXICO SALT WATER DISPOSAL COMPANYLea County, NM
9573STATE EREAD & STEVENS INCLea County, NM

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AmeradaLea County, NM0 BBLs0 MCFMay 2005
BagleyLea County, NM102 BBLs86 MCFSep 2025
BellLea County, NM0 BBLs0 MCFJun 2012
BessLea County, NM0 BBLs0 MCFApr 2014
Cabot StateLea County, NM0 BBLs30 MCFOct 2025
DallasLea County, NM0 BBLs0 MCFJun 2013
Graham B StateLea County, NM61 BBLs3,254 MCFOct 2025
Graham StateLea County, NM0 BBLs0 MCFMar 2021
InbeLea County, NM0 BBLs16 MCFSep 2025
J D GuyeLea County, NM4 BBLs401 MCFOct 2025
J P CollierLea County, NM0 BBLs0 MCFOct 2016
Lovington TrustLea County, NM17 BBLs1,030 MCFSep 2025
MathersLea County, NM25 BBLs0 MCFSep 2025
Peggy ComLea County, NM0 BBLs2,648 MCFSep 2025
Shell StateLea County, NM101 BBLs475 MCFSep 2025
SinclairLea County, NM10 BBLs522 MCFSep 2025
TennecoLea County, NM0 BBLs0 MCFJan 2023
W E MathersLea County, NM353 BBLs1,139 MCFSep 2025
WarrenLea County, NM0 BBLs904 MCFSep 2025
YolandaLea County, NM89 BBLs6,150 MCFOct 2025

Companies in the Area

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

Company Name
3R Operating , LLC
BC Operating, Inc.
BXP Operating, LLC
Chesapeake Operating, Inc.
COG Operating LLC
Endeavor Energy Resources, LP
Extex Operating Company
Hess Corporation
J R Oil, LTD. Co.
Jay Management Company LLC
Judah Oil LLC
Latigo Petroleum, Inc.
Oxy USA Inc
Paladin Energy Corp.
Pride Energy Company
Sabre Op Inc
Southland Royalty Company
Texaco Exploration & Prod Inc
Tipperary Oil & Gas Corporation
V-F Petroleum Inc.