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

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production138,037 BBLs
Total Gas Production3,025,444 MCF
Recent Oil Production161 BBLs in Mar 2025
Recent Gas Production2,303 MCF in Mar 2025
Wells on Property7

Our Valuation Estimates for State

ShaleAssessment™

$19,292 *

MarketMultiple™

$22,276 **

* 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 Mar 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
16847STATE QAPACHE CORPORATIONLea County, NM
29578STATE 367CHESAPEAKE OPERATING, INC.Lea County, NM
335436STATE 367SOUTHWEST ROYALTIES 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
Alice PadLea County, NM104 BBLs1,589 MCFMar 2025
Art YeagerLea County, NM3 BBLs0 MCFMar 2025
ElliottLea County, NM876 BBLs5,725 MCFMar 2025
Eva OwenLea County, NM286 BBLs1,883 MCFMar 2025
F F Hardison BLea County, NM0 BBLs0 MCFFeb 2025
J R ConeLea County, NM104 BBLs5,086 MCFMar 2025
JonesLea County, NM0 BBLs0 MCFDec 2023
Lou WorthaLea County, NM757 BBLs43,320 MCFMar 2025
MarkLea County, NM822 BBLs43,445 MCFMar 2025
Mark Owen 0Lea County, NM39 BBLs1,148 MCFMar 2025
McCallisterLea County, NM2 BBLs0 MCFMar 2025
New Mexico S StateLea County, NM2,753 BBLs14,016 MCFMar 2025
OwenLea County, NM692 BBLs17,995 MCFMar 2025
Paddock UnitLea County, NM2,035 BBLs19,187 MCFMar 2025
S E ConeLea County, NM44 BBLs1,263 MCFMar 2025
S J SarkeysLea County, NM513 BBLs8,791 MCFMar 2025
Sarkey ALea County, NM216 BBLs3,937 MCFMar 2025
SarkeysLea County, NM69 BBLs693 MCFMar 2025
State C Tract 13Lea County, NM196 BBLs2,524 MCFMar 2025
Walter LynchLea County, NM438 BBLs15,824 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the State property.

Company Name