Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Aug 2025 |
| Total Oil Production | 1,291,975 BBLs |
| Total Gas Production | 5,513,638 MCF |
| Recent Oil Production | 1,253 BBLs in Jul 2025 |
| Recent Gas Production | 193 MCF in Jul 2025 |
| Wells on Property | 34 |
Our Valuation Estimates for State
ShaleAssessment™
$86,101 *
MarketMultiple™
$143,076 **
* 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 |
|---|---|---|---|---|
| Central Vacuum Unit | Lea County, NM | 48,688 BBLs | 886,006 MCF | Jul 2025 |
| Dash For Cash | Lea County, NM | 948 BBLs | 764 MCF | Aug 2025 |
| East Vacuum (Gsa) Unit | Lea County, NM | 74,793 BBLs | 1,022,925 MCF | Jul 2025 |
| East Vacuum (Gsa) Unit 0 | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Giles State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2020 |
| Hoosier 22 State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Hoover | Lea County, NM | 948 BBLs | 1,760 MCF | Jul 2025 |
| Marathon Section 17 State Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2021 |
| McCallister State | Lea County, NM | 1,434 BBLs | 3,864 MCF | Jul 2025 |
| North Vacuum Abo | Lea County, NM | 267 BBLs | 364 MCF | Jul 2025 |
| Pinedale 22115 9 4 State Com | Lea County, NM | 5,647 BBLs | 11,128 MCF | Aug 2025 |
| Santa Fe | Lea County, NM | 541 BBLs | 0 MCF | Jul 2025 |
| Shoe Bar | Lea County, NM | 8 BBLs | 0 MCF | Jul 2025 |
| South Shoebar 1 | Lea County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Staplin State Ac | Lea County, NM | 436 BBLs | 254 MCF | Jul 2025 |
| Vacuum | Lea County, NM | 403 BBLs | 72 MCF | Aug 2025 |
| Vacuum Abo Unit | Lea County, NM | 6,867 BBLs | 3,402 MCF | Jul 2025 |
| Vacuum Glorieta | Lea County, NM | 30,058 BBLs | 8,562 MCF | Jul 2025 |
| Vacuum Glorieta East Unit | Lea County, NM | 1,237 BBLs | 109 MCF | Jul 2025 |
| Warn State Ac | Lea County, NM | 1,569 BBLs | 6,682 MCF | Jul 2025 |
These are the closest 20 companies operating near the State property.