Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2025 |
| Total Oil Production | 3,312,059 BBLs |
| Total Gas Production | 9,841,559 MCF |
| Recent Oil Production | 4,327 BBLs in Aug 2025 |
| Recent Gas Production | 12,696 MCF in Aug 2025 |
| Wells on Property | 49 |
Our Valuation Estimates for State
ShaleAssessment™
$218,167 *
MarketMultiple™
$467,621 **
* 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 | 198 BBLs | 111 MCF | Sep 2025 |
| Caviness | Lea County, NM | 249 BBLs | 722 MCF | Oct 2025 |
| Central Corbin Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Mar 2012 |
| Cockburn | Lea County, NM | 1,415 BBLs | 2,022 MCF | Oct 2025 |
| Corbin A | Lea County, NM | 0 BBLs | 0 MCF | Apr 2020 |
| Corbin South Federal | Lea County, NM | 3 BBLs | 0 MCF | Sep 2025 |
| Denius Federal | Lea County, NM | 88 BBLs | 0 MCF | Oct 2025 |
| Eilliams | Lea County, NM | 426 BBLs | 843 MCF | Oct 2025 |
| Federal | Lea County, NM | 787 BBLs | 2,940 MCF | Oct 2025 |
| Hale State | Lea County, NM | 218 BBLs | 0 MCF | Sep 2025 |
| La Roca 14 11 | Lea County, NM | 39,877 BBLs | 44,468 MCF | Sep 2025 |
| Lea KG State | Lea County, NM | 534 BBLs | 1,830 MCF | Sep 2025 |
| Lea Xa State | Lea County, NM | 127 BBLs | 552 MCF | Sep 2025 |
| M T Keohane Federal | Lea County, NM | 1,183 BBLs | 2,684 MCF | Sep 2025 |
| Mescalero Ridge | Lea County, NM | 237 BBLs | 3,687 MCF | Sep 2025 |
| Phillips Lea | Lea County, NM | 514 BBLs | 0 MCF | Sep 2025 |
| Philmex | Lea County, NM | 360 BBLs | 1,019 MCF | Sep 2025 |
| Wyatt A Federal | Lea County, NM | 122 BBLs | 78 MCF | Oct 2025 |
| Wyatt Aa Federal | Lea County, NM | 173 BBLs | 391 MCF | Sep 2025 |
| Wyatt Phillips | Lea County, NM | 192 BBLs | 72 MCF | Oct 2025 |
These are the closest 20 companies operating near the State property.