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 - Feb 2025
Total Oil Production137,876 BBLs
Total Gas Production3,023,141 MCF
Recent Oil Production252 BBLs in Feb 2025
Recent Gas Production1,872 MCF in Feb 2025
Wells on Property7

Our Valuation Estimates for State

ShaleAssessment™

$19,507 *

MarketMultiple™

$24,010 **

* 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 Feb 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-07043STATE 367 001SOUTHWEST ROYALTIES INCActiveLea County, NM32.429913-103.123047
30-025-07044STATE 367 002SOUTHWEST ROYALTIES INCActiveLea County, NM32.433540-103.123047
30-025-07045STATE 367 003CHESAPEAKE OPERATING, INC.PluggedLea County, NM32.433540-103.118774
30-025-07046STATE Q 001APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.429913-103.118767
30-025-26560STATE 367 004SOUTHWEST ROYALTIES INCActiveLea County, NM32.433540-103.114502
30-025-37483STATE Q 003APACHE CORPORATIONActiveLea County, NM32.430817-103.115570
30-025-38892STATE Q 002APACHE CORPORATIONCancelledLea County, NM32.429324-103.113457

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, NM93 BBLs1,423 MCFFeb 2025
Art YeagerLea County, NM0 BBLs0 MCFJan 2025
ElliottLea County, NM746 BBLs2,848 MCFFeb 2025
Eva OwenLea County, NM226 BBLs2,143 MCFFeb 2025
F F Hardison BLea County, NM0 BBLs0 MCFJan 2025
J R ConeLea County, NM37 BBLs3,869 MCFFeb 2025
JonesLea County, NM0 BBLs0 MCFDec 2023
Lou WorthaLea County, NM904 BBLs42,427 MCFFeb 2025
MarkLea County, NM979 BBLs43,834 MCFFeb 2025
Mark Owen 0Lea County, NM45 BBLs1,054 MCFFeb 2025
McCallisterLea County, NM2 BBLs0 MCFFeb 2025
New Mexico S StateLea County, NM2,680 BBLs15,297 MCFFeb 2025
OwenLea County, NM615 BBLs15,528 MCFFeb 2025
Paddock UnitLea County, NM1,748 BBLs19,645 MCFFeb 2025
S E ConeLea County, NM13 BBLs1,111 MCFFeb 2025
S J SarkeysLea County, NM592 BBLs7,976 MCFFeb 2025
Sarkey ALea County, NM185 BBLs3,029 MCFFeb 2025
SarkeysLea County, NM126 BBLs496 MCFMar 2025
State C Tract 13Lea County, NM201 BBLs2,293 MCFFeb 2025
Walter LynchLea County, NM373 BBLs15,131 MCFFeb 2025

Companies in the Area

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

Company Name
Anadarko Petroleum Corporation
Apache Corporation
Cameron Oil & Gas Inc
Chevron USA Inc
Empire New Mexico LLC
Exxon Mobil Corporation
Finaly Resources LLC
Hilcorp Energy Company
J R Oil, LTD. Co.
Jay Management Company LLC
Marathon Oil Company
Oxy USA WTP Limited Partnership
Pierce Production Company, LLC
Saber Oil & Gas Ventures, LLC
SMC Oil & Gas, Inc.
Southwest Royalties Inc
Three Forks Resources LLC
Walsh & Watts Inc
XTO Energy Inc.
Zachary Oil Operating Company