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 Production368,790 BBLs
Total Gas Production1,425,831 MCF
Recent Oil Production41 BBLs in Mar 2025
Recent Gas Production31 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment™

$4,984 *

MarketMultiple™

$8,431 **

* 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,

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
15571STATE 15PURVIS OPERATING COLea County, NM
21049STATE 17NOVY OIL & GAS, INCLea County, NM
24715STATE 16L E JONES OPERATING INCLea County, NM
301297STATE 8NOVY OIL & GAS, 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
Continental StateLea County, NM0 BBLs0 MCFNov 1996
DH 5 StateLea County, NM384 BBLs3,788 MCFMar 2025
Eagle 8806 JV-PLea County, NM107 BBLs0 MCFMar 2025
East Sand Springs BLea County, NM0 BBLs634 MCFMar 2025
Holt StateLea County, NM0 BBLs0 MCFNov 1997
Hytech Aum StateLea County, NM0 BBLs0 MCFFeb 2016
Judson Auu State ComLea County, NM0 BBLs0 MCFFeb 2022
Lagarto Amz StateLea County, NM41 BBLs4,940 MCFMar 2025
Mattea Bfa StateLea County, NM0 BBLs0 MCFMay 2022
Merle BoLea County, NM623 BBLs7,043 MCFMar 2025
Merle Boj State ComLea County, NM0 BBLs0 MCFApr 2022
Merle State UnitLea County, NM0 BBLs0 MCFSep 2007
PenrocLea County, NM0 BBLs0 MCFDec 2024
Rag Mama 30 19 FeeLea County, NM568 BBLs9 MCFMar 2025
Sand Springs Asu StateLea County, NM0 BBLs2,729 MCFMar 2025
Shinnery Azg StateLea County, NM361 BBLs2,626 MCFMar 2025
Simanola Amw StateLea County, NM0 BBLs0 MCFNov 2020
Strait BLLea County, NM0 BBLs1,519 MCFMar 2025
SunrayLea County, NM0 BBLs0 MCFNov 2020
Taco Auk StateLea County, NM0 BBLs0 MCFDec 2021

Companies in the Area

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

Company Name