Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Aug 2025 |
| Total Oil Production | 5,202,129 BBLs |
| Total Gas Production | 15,128,955 MCF |
| Recent Oil Production | 4,926 BBLs in Jul 2025 |
| Recent Gas Production | 4,591 MCF in Jul 2025 |
| Wells on Property | 108 |
Our Valuation Estimates for State
ShaleAssessment™
$368,471 *
MarketMultiple™
$646,408 **
* 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 | 84 BBLs | 115 MCF | Jul 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 | Aug 2025 |
| Dallas | Lea County, NM | 0 BBLs | 0 MCF | Jun 2013 |
| Graham B State | Lea County, NM | 65 BBLs | 2,570 MCF | Aug 2025 |
| Graham State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2021 |
| Gulf Sohio State | Lea County, NM | 310 BBLs | 0 MCF | Aug 2025 |
| Inbe | Lea County, NM | 0 BBLs | 29 MCF | Jul 2025 |
| J D Guye | Lea County, NM | 60 BBLs | 538 MCF | Aug 2025 |
| J P Collier | Lea County, NM | 0 BBLs | 0 MCF | Oct 2016 |
| Lovington Trust | Lea County, NM | 64 BBLs | 1,410 MCF | Aug 2025 |
| Mathers | Lea County, NM | 20 BBLs | 107 MCF | Aug 2025 |
| Peggy Com | Lea County, NM | 75 BBLs | 2,952 MCF | Aug 2025 |
| Shell State | Lea County, NM | 182 BBLs | 699 MCF | Jul 2025 |
| Sinclair | Lea County, NM | 15 BBLs | 479 MCF | Aug 2025 |
| Tenneco | Lea County, NM | 0 BBLs | 0 MCF | Jan 2023 |
| Warren | Lea County, NM | 0 BBLs | 1,073 MCF | Aug 2025 |
| Yolanda | Lea County, NM | 90 BBLs | 5,873 MCF | Aug 2025 |
These are the closest 20 companies operating near the State property.