Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Dec 2025 |
| Total Oil Production | 3,323,414 BBLs |
| Total Gas Production | 9,879,317 MCF |
| Recent Oil Production | 4,042 BBLs in Dec 2025 |
| Recent Gas Production | 13,500 MCF in Dec 2025 |
| Wells on Property | 49 |
Our Valuation Estimates for State
ShaleAssessment™
$212,011 *
MarketMultiple™
$484,242 **
* 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 |
|---|---|---|---|---|
| Cal-Mon 15 State | Lea County, NM | 331 BBLs | 132 MCF | Dec 2025 |
| Caviness | Lea County, NM | 510 BBLs | 855 MCF | Dec 2025 |
| Central Corbin Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Mar 2012 |
| Cockburn | Lea County, NM | 1,399 BBLs | 1,825 MCF | Dec 2025 |
| Corbin A | Lea County, NM | 0 BBLs | 0 MCF | Apr 2020 |
| Corbin South Federal | Lea County, NM | 1 BBLs | 0 MCF | Dec 2025 |
| Denius Federal | Lea County, NM | 790 BBLs | 0 MCF | Dec 2025 |
| Eilliams | Lea County, NM | 551 BBLs | 1,588 MCF | Dec 2025 |
| Federal | Lea County, NM | 958 BBLs | 2,964 MCF | Dec 2025 |
| Hale State | Lea County, NM | 203 BBLs | 0 MCF | Dec 2025 |
| Lea KG State | Lea County, NM | 1,319 BBLs | 3,129 MCF | Dec 2025 |
| Lea Xa State | Lea County, NM | 185 BBLs | 816 MCF | Dec 2025 |
| M T Keohane Federal | Lea County, NM | 833 BBLs | 2,390 MCF | Dec 2025 |
| Mescalero Ridge | Lea County, NM | 293 BBLs | 3,920 MCF | Dec 2025 |
| Phillips Lea | Lea County, NM | 592 BBLs | 0 MCF | Dec 2025 |
| Philmex | Lea County, NM | 400 BBLs | 57 MCF | Dec 2025 |
| Texaco 14 Federal | Lea County, NM | 350 BBLs | 686 MCF | Dec 2025 |
| Wyatt A Federal | Lea County, NM | 96 BBLs | 0 MCF | Dec 2025 |
| Wyatt Aa Federal | Lea County, NM | 181 BBLs | 591 MCF | Dec 2025 |
| Wyatt Phillips | Lea County, NM | 254 BBLs | 0 MCF | Dec 2025 |
These are the closest 20 companies operating near the State property.