Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2025 |
| Total Oil Production | 3,320,958 BBLs |
| Total Gas Production | 73,089,475 MCF |
| Recent Oil Production | 1,982 BBLs in Sep 2025 |
| Recent Gas Production | 42,692 MCF in Sep 2025 |
| Wells on Property | 181 |
Our Valuation Estimates for State
ShaleAssessment™
$426,590 *
MarketMultiple™
$438,242 **
* 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 | 137 BBLs | 1,419 MCF | Sep 2025 |
| Eunice Com | Lea County, NM | 0 BBLs | 219 MCF | Sep 2025 |
| H C Collins | Lea County, NM | 0 BBLs | 1,274 MCF | Sep 2025 |
| Hardy | Lea County, NM | 341 BBLs | 3,732 MCF | Sep 2025 |
| J G Randle | Lea County, NM | 89 BBLs | 2,391 MCF | Sep 2025 |
| John D Knox | Lea County, NM | 0 BBLs | 1,697 MCF | Sep 2025 |
| Leonard State | Lea County, NM | 36 BBLs | 1,928 MCF | Sep 2025 |
| Lockhart | Lea County, NM | 23 BBLs | 2,533 MCF | Sep 2025 |
| M L Goins | Lea County, NM | 0 BBLs | 953 MCF | Sep 2025 |
| M S Berryman | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| Mae F Curry | Lea County, NM | 1,033 BBLs | 4,112 MCF | Sep 2025 |
| Marshall | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| McQuatters | Lea County, NM | 441 BBLs | 2,303 MCF | Sep 2025 |
| Mittie Weatherly | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Roy Riddel | Lea County, NM | 234 BBLs | 1,193 MCF | Sep 2025 |
| Sunshine State | Lea County, NM | 1 BBLs | 0 MCF | Sep 2025 |
| W E Lee | Lea County, NM | 117 BBLs | 2,109 MCF | Sep 2025 |
| W W Weatherly | Lea County, NM | 0 BBLs | 103 MCF | Sep 2025 |
These are the closest 20 companies operating near the State property.