Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jul 2026 |
| Total Oil Production | 3,345,580 BBLs |
| Total Gas Production | 9,948,340 MCF |
| Recent Oil Production | 4,488 BBLs in Jun 2026 |
| Recent Gas Production | 11,671 MCF in Jun 2026 |
| Wells on Property | 49 |
Our Valuation Estimates for State
ShaleAssessment™
$194,380 *
MarketMultiple™
$493,381 **
* 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 | 539 BBLs | 11 MCF | Jun 2026 |
| Caviness | Lea County, NM | 327 BBLs | 818 MCF | Jun 2026 |
| Central Corbin Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Mar 2012 |
| Cockburn | Lea County, NM | 2,561 BBLs | 1,565 MCF | Jun 2026 |
| Cockburn G Federal 005H | Lea County, NM | 571 BBLs | 267 MCF | Jun 2026 |
| Corbin South Federal | Lea County, NM | 1 BBLs | 0 MCF | Jun 2026 |
| Denius Federal | Lea County, NM | 410 BBLs | 0 MCF | Jun 2026 |
| Eilliams | Lea County, NM | 953 BBLs | 3,057 MCF | Jun 2026 |
| Federal | Lea County, NM | 719 BBLs | 3,245 MCF | Jul 2026 |
| Hale State | Lea County, NM | 99 BBLs | 0 MCF | Jun 2026 |
| Lea KG State | Lea County, NM | 1,126 BBLs | 2,886 MCF | Jun 2026 |
| Lea Xa State | Lea County, NM | 210 BBLs | 1,164 MCF | Jun 2026 |
| M T Keohane Federal | Lea County, NM | 596 BBLs | 1,305 MCF | Jun 2026 |
| Mescalero Ridge | Lea County, NM | 215 BBLs | 3,657 MCF | Jun 2026 |
| Phillips Lea | Lea County, NM | 613 BBLs | 0 MCF | Jun 2026 |
| Philmex | Lea County, NM | 199 BBLs | 37 MCF | Jun 2026 |
| Texaco 14 Federal | Lea County, NM | 334 BBLs | 617 MCF | Jun 2026 |
| Wyatt A Federal | Lea County, NM | 5 BBLs | 0 MCF | Jun 2026 |
| Wyatt Aa Federal | Lea County, NM | 159 BBLs | 609 MCF | Jun 2026 |
| Wyatt Phillips | Lea County, NM | 264 BBLs | 0 MCF | Jun 2026 |
These are the closest 20 companies operating near the State property.