Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Sep 2025 |
| Total Oil Production | 5,207,393 BBLs |
| Total Gas Production | 15,137,375 MCF |
| Recent Oil Production | 5,037 BBLs in Aug 2025 |
| Recent Gas Production | 5,943 MCF in Aug 2025 |
| Wells on Property | 108 |
Our Valuation Estimates for State
ShaleAssessment™
$364,272 *
MarketMultiple™
$635,652 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Amerada | Lea County, NM | 0 BBLs | 0 MCF | May 2005 |
| Bagley | Lea County, NM | 101 BBLs | 140 MCF | Aug 2025 |
| Bell | Lea County, NM | 0 BBLs | 0 MCF | Jun 2012 |
| Bess | Lea County, NM | 0 BBLs | 0 MCF | Apr 2014 |
| Cabot State | Lea County, NM | 0 BBLs | 31 MCF | Sep 2025 |
| Dallas | Lea County, NM | 0 BBLs | 0 MCF | Jun 2013 |
| Diamondback State | Lea County, NM | 136 BBLs | 438 MCF | Sep 2025 |
| Graham B State | Lea County, NM | 85 BBLs | 3,620 MCF | Sep 2025 |
| Graham State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2021 |
| Inbe | Lea County, NM | 0 BBLs | 17 MCF | Aug 2025 |
| J D Guye | Lea County, NM | 62 BBLs | 503 MCF | Sep 2025 |
| J P Collier | Lea County, NM | 0 BBLs | 0 MCF | Oct 2016 |
| Lovington Trust | Lea County, NM | 64 BBLs | 1,260 MCF | Aug 2025 |
| Mathers | Lea County, NM | 21 BBLs | 0 MCF | Aug 2025 |
| Peggy Com | Lea County, NM | 50 BBLs | 2,410 MCF | Aug 2025 |
| Shell State | Lea County, NM | 159 BBLs | 523 MCF | Aug 2025 |
| Sinclair | Lea County, NM | 15 BBLs | 501 MCF | Aug 2025 |
| Tenneco | Lea County, NM | 0 BBLs | 0 MCF | Jan 2023 |
| W E Mathers | Lea County, NM | 391 BBLs | 896 MCF | Aug 2025 |
| Warren | Lea County, NM | 0 BBLs | 961 MCF | Aug 2025 |
These are the closest 20 companies operating near the State property.