Oil & Gas Property in Lea County, NM
Key data points for State
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Feb 2024 |
Total Oil Production | 855,107 BBLs |
Total Gas Production | 15,634,253 MCF |
Recent Oil Production | 1,223 BBLs in Jan 2024 |
Recent Gas Production | 18,981 MCF in Jan 2024 |
Wells on Property | 30 |
Our Valuation Estimates for State
ShaleAssessment™
$131,037 *
MarketMultiple™
$203,670 **
* 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 |
---|---|---|---|---|
C C Fristoe A Federal NCT | Lea County, NM | 250 BBLs | 1,876 MCF | Feb 2024 |
G L Erwin A Federal | Lea County, NM | 424 BBLs | 6,886 MCF | Feb 2024 |
G L Erwin B Federal NCT | Lea County, NM | 1,018 BBLs | 6,918 MCF | Feb 2024 |
George L Erwin | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
Hale State | Lea County, NM | 77 BBLs | 6,434 MCF | Jan 2024 |
Humphrey Queen Unit | Lea County, NM | 16 BBLs | 0 MCF | Jan 2024 |
Jalmat State Gas Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
Langlie | Lea County, NM | 41 BBLs | 0 MCF | Jan 2024 |
Langlie Jal Federal | Lea County, NM | 0 BBLs | 509 MCF | Feb 2024 |
Langlie Mattix | Lea County, NM | 5 BBLs | 0 MCF | Feb 2024 |
Litie Woolworth | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
M E Hale | Lea County, NM | 93 BBLs | 1,135 MCF | Jan 2024 |
New Mexico B | Lea County, NM | 155 BBLs | 53 MCF | Feb 2024 |
North Shore Woolworth | Lea County, NM | 0 BBLs | 0 MCF | Mar 2023 |
Prichard | Lea County, NM | 0 BBLs | 190 MCF | Feb 2024 |
Red Cloud | Lea County, NM | 0 BBLs | 0 MCF | Aug 2019 |
Stuart Langlie Mattix Unit | Lea County, NM | 132 BBLs | 0 MCF | Feb 2024 |
Trantula 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
Wells Federal | Lea County, NM | 0 BBLs | 1,800 MCF | Feb 2024 |
Woolworth | Lea County, NM | 0 BBLs | 392 MCF | Feb 2024 |
These are the closest 20 companies operating near the State property.