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 - Aug 2025
Total Oil Production3,307,255 BBLs
Total Gas Production9,828,823 MCF
Recent Oil Production4,392 BBLs in Jul 2025
Recent Gas Production12,807 MCF in Jul 2025
Wells on Property49

Our Valuation Estimates for State

ShaleAssessment™

$224,168 *

MarketMultiple™

$419,020 **

* 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 Aug 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
30-025-01340STATE BY 003XTO ENERGY, INCPluggedLea County, NM32.789192-103.678864
30-025-01345STATE CD 003MACK ENERGY CORPPluggedLea County, NM32.791920-103.684235
30-025-01346STATE CD 001MACK ENERGY CORPActiveLea County, NM32.790077-103.686363
30-025-01415STATE 35 001MACK ENERGY CORPTemporary Abandonment (Expired)Lea County, NM32.785957-103.641304
30-025-01416STATE 35 002MACK ENERGY CORPPluggedLea County, NM32.784790-103.637001
30-025-01419STATE 36 002OLSEN ENERGY INCPluggedLea County, NM32.789394-103.614494
30-025-01421STATE E TG 001Maverick Permian LLCPlugged (Not Released)Lea County, NM32.793045-103.614502
30-025-01422STATE F TG 001Maverick Permian LLCPlugged (Not Released)Lea County, NM32.793034-103.618790
30-025-01423STATE F TG 002Maverick Permian LLCActiveLea County, NM32.793057-103.610207
30-025-01424STATE F TG 003Maverick Permian LLCPlugged (Not Released)Lea County, NM32.795769-103.614502
30-025-01425STATE F TG 004Maverick Permian LLCPlugged (Not Released)Lea County, NM32.792114-103.623085
30-025-01426STATE F TG 005CONOCOPHILLIPS COMPANYPluggedLea County, NM32.795780-103.610207
30-025-01573STATE CL 001OXY USA INCPluggedLea County, NM32.782978-103.635925
30-025-01574STATE CM 002J R OIL, LTD. CO.ActiveLea County, NM32.781632-103.631645
30-025-01575STATE CL 003OXY USA INCPluggedLea County, NM32.782967-103.639153
30-025-01576STATE CL 004J R OIL, LTD. CO.ActiveLea County, NM32.781185-103.628426
30-025-01577STATE CL 005J R OIL, LTD. CO.ActiveLea County, NM32.779373-103.628426
30-025-20010STATE 35 003PENROC OIL CORPPluggedLea County, NM32.788403-103.641312
30-025-20013STATE CP 001DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.781194-103.624125
30-025-20029STATE CP 002DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.779377-103.623055
30-025-21662STATE CD 002MACK ENERGY CORPPluggedLea County, NM32.795551-103.683174
30-025-25387STATE 35 004MACK ENERGY CORPActiveLea County, NM32.788677-103.641312
30-025-26555STATE BY 007XTO ENERGY, INCPluggedLea County, NM32.785564-103.678856
30-025-28575STATE DW 001OXY USA WTP LIMITED PARTNERSHIPPluggedLea County, NM32.760372-103.613403
30-025-28700STATE DW 002J R OIL, LTD. CO.ActiveLea County, NM32.760349-103.619072
30-025-28732STATE DW 003SEELY OIL COActiveLea County, NM32.764008-103.610184
30-025-28766STATE DW 004OXY USA INCPluggedLea County, NM32.764252-103.618752
30-025-28800STATE DW 005SEELY OIL COActiveLea County, NM32.757656-103.611260
30-025-28838STATE DW 006J R OIL, LTD. CO.ActiveLea County, NM32.760384-103.609108
30-025-28895STATE DW 008J R OIL, LTD. CO.ActiveLea County, NM32.756878-103.613991
30-025-28932STATE DW 009J R OIL, LTD. CO.ActiveLea County, NM32.760338-103.623039
30-025-29023STATE DW 010J R OIL, LTD. CO.ActiveLea County, NM32.757633-103.618256
30-025-29133STATE DW 011OXY USA WTP LIMITED PARTNERSHIPPluggedLea County, NM32.757614-103.623039
30-025-29850STATE 16 001EOG RESOURCES INCActiveLea County, NM32.745686-103.665947
30-025-30262STATE 16 002HEOG RESOURCES INCActiveLea County, NM32.742039-103.670204
30-025-30504STATE E 744-15 001Extex Operating CompanyActiveLea County, NM32.746067-103.644142
30-025-30548STATE 35 005MACK ENERGY CORPPlugged (Not Released)Lea County, NM32.790234-103.635941
30-025-30675STATE 35 006MACK ENERGY CORPActiveLea County, NM32.786606-103.635933
30-025-31044STATE 16 007EOG RESOURCES INCActiveLea County, NM32.741661-103.661644
30-025-31182STATE 36 001BXP Operating, LLCActiveLea County, NM32.790318-103.610199
30-025-31383STATE E 744-15 002MARATHON OIL COCancelledLea County, NM32.742120-103.648844
30-025-31384STATE E 744-15 003MARATHON OIL COCancelledLea County, NM32.742138-103.644530
30-025-31905STATE 36 003BXP Operating, LLCActiveLea County, NM32.790302-103.614494
30-025-32260STATE 36 004BXP Operating, LLCActiveLea County, NM32.790287-103.618782
30-025-36642STATE 36 005BXP Operating, LLCActiveLea County, NM32.790276-103.623077
30-025-39747STATE E 744-15 002Extex Operating CompanyActiveLea County, NM32.741242-103.643448
30-025-40319STATE 35 007MACK ENERGY CORPActiveLea County, NM32.788277-103.638474
30-025-40811STATE 35 008CMACK ENERGY CORPCancelledLea County, NM32.786610-103.634857
30-025-42005STATE 36 102BXP Operating, LLCActiveLea County, NM32.787258-103.616554

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
25547STATE 35FOREST OIL PERMIAN CORPORATIONLea County, NM
25580STATE 16EOG RESOURCES INCLea County, NM
26114STATE DWSEELY OIL COLea County, NM
300204STATE 35MACK ENERGY CORPLea County, NM
300239STATE CDMACK ENERGY CORPLea County, NM
302162STATE DWOXY USA WTP LIMITED PARTNERSHIPLea County, NM
305139STATE CLOXY USA INCLea County, NM
30725STATE 35PENROC OIL CORPLea County, NM
309469STATE CPDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
31153STATE F TGCONOCOPHILLIPS COMPANYLea County, NM
326848STATE 36BXP Operating, LLCLea County, NM
330301STATE CMJ R OIL, LTD. CO.Lea County, NM
330302STATE CLJ R OIL, LTD. CO.Lea County, NM
330355STATE DWJ R OIL, LTD. CO.Lea County, NM
330605STATE E 744-15Extex Operating CompanyLea County, NM
333004STATE F TGMaverick Permian LLCLea County, NM
333025STATE E TGMaverick Permian LLCLea County, NM
3365STATE BYXTO ENERGY, INCLea County, NM
6473STATE E 744-15MARATHON OIL COLea County, NM
8523STATE 36OLSEN ENERGY INCLea County, NM
8656STATE DWOXY USA 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
Cal-Mon 15 StateLea County, NM116 BBLs4 MCFAug 2025
CavinessLea County, NM202 BBLs603 MCFJul 2025
Central Corbin Queen UnitLea County, NM0 BBLs0 MCFMar 2012
CockburnLea County, NM1,381 BBLs1,702 MCFAug 2025
Corbin ALea County, NM0 BBLs0 MCFApr 2020
Corbin South FederalLea County, NM3 BBLs0 MCFAug 2025
Denius FederalLea County, NM168 BBLs0 MCFAug 2025
EilliamsLea County, NM342 BBLs490 MCFJul 2025
FederalLea County, NM717 BBLs3,375 MCFAug 2025
Hale StateLea County, NM58 BBLs0 MCFJul 2025
La Roca 14 11Lea County, NM54,467 BBLs65,396 MCFJul 2025
Lea KG StateLea County, NM3 BBLs222 MCFAug 2025
Lea Xa StateLea County, NM124 BBLs795 MCFJul 2025
M T Keohane FederalLea County, NM1,336 BBLs3,028 MCFJul 2025
Mescalero RidgeLea County, NM260 BBLs3,604 MCFJul 2025
Phillips LeaLea County, NM818 BBLs0 MCFJul 2025
PhilmexLea County, NM320 BBLs981 MCFJul 2025
Wyatt A FederalLea County, NM111 BBLs95 MCFJul 2025
Wyatt Aa FederalLea County, NM99 BBLs314 MCFAug 2025
Wyatt PhillipsLea County, NM196 BBLs86 MCFJul 2025

Companies in the Area

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

Company Name
Burlington Resources Oil And Gas Co.
Chevron USA Inc
ConocoPhillips Company
Devon Energy Production Company LP
Devon Louisiana Corporation
EOG Resources, Inc.
Fasken Oil And Ranch, LTD.
Harvey E Yates Company
J R Oil, LTD. Co.
Latigo Petroleum, Inc.
Lime Rock Resources A, L.P.
M & W Of Lovington Inc
Mack Energy Corporation
Matador Production Company
Maverick Permian LLC
Raybaw Operating, LLC
Saga Petroleum Limited Liability Co.
Seely Oil Company
Southwest Royalties Inc
Southwestern Energy Prod Co

Frac'ing activity on State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-28895STATE DW NO 8