Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jan 2026 |
| Total Oil Production | 3,327,258 BBLs |
| Total Gas Production | 73,233,724 MCF |
| Recent Oil Production | 1,865 BBLs in Dec 2025 |
| Recent Gas Production | 40,814 MCF in Dec 2025 |
| Wells on Property | 181 |
Our Valuation Estimates for State
ShaleAssessment™
$411,603 *
MarketMultiple™
$387,091 **
* 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 |
|---|---|---|---|---|
| Alexander | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| Alves | Lea County, NM | 0 BBLs | 0 MCF | Nov 2020 |
| Deck Estate | Lea County, NM | 160 BBLs | 1,509 MCF | Jan 2026 |
| Eunice Com | Lea County, NM | 0 BBLs | 220 MCF | Dec 2025 |
| H C Collins | Lea County, NM | 0 BBLs | 1,431 MCF | Dec 2025 |
| Hardy | Lea County, NM | 405 BBLs | 3,997 MCF | Jan 2026 |
| J G Randle | Lea County, NM | 75 BBLs | 2,119 MCF | Jan 2026 |
| John D Knox | Lea County, NM | 0 BBLs | 1,759 MCF | Dec 2025 |
| Leonard State | Lea County, NM | 36 BBLs | 1,900 MCF | Dec 2025 |
| Lockhart | Lea County, NM | 45 BBLs | 2,913 MCF | Jan 2026 |
| M L Goins | Lea County, NM | 0 BBLs | 1,115 MCF | Jan 2026 |
| M S Berryman | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Mae F Curry | Lea County, NM | 845 BBLs | 3,918 MCF | Jan 2026 |
| Marshall | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| McQuatters | Lea County, NM | 356 BBLs | 2,149 MCF | Jan 2026 |
| Mittie Weatherly | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Roy Riddel | Lea County, NM | 117 BBLs | 891 MCF | Jan 2026 |
| Sunshine State | Lea County, NM | 1 BBLs | 0 MCF | Dec 2025 |
| W E Lee | Lea County, NM | 112 BBLs | 2,098 MCF | Jan 2026 |
| W W Weatherly | Lea County, NM | 0 BBLs | 257 MCF | Jan 2026 |
These are the closest 20 companies operating near the State property.