Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Mar 2026 |
| Total Oil Production | 881,745 BBLs |
| Total Gas Production | 16,012,218 MCF |
| Recent Oil Production | 1,473 BBLs in Mar 2026 |
| Recent Gas Production | 15,273 MCF in Mar 2026 |
| Wells on Property | 30 |
Our Valuation Estimates for State
ShaleAssessment™
$98,687 *
MarketMultiple™
$167,704 **
* 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 | 90 BBLs | 1,538 MCF | Mar 2026 |
| G L Erwin A Federal | Lea County, NM | 509 BBLs | 4,623 MCF | Mar 2026 |
| G L Erwin B Federal NCT | Lea County, NM | 783 BBLs | 4,322 MCF | Mar 2026 |
| George L Erwin | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Hale State | Lea County, NM | 36 BBLs | 4,026 MCF | Mar 2026 |
| Humphrey Queen Unit | Lea County, NM | 25 BBLs | 0 MCF | Mar 2026 |
| Jalmat State Gas Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Langlie | Lea County, NM | 588 BBLs | 0 MCF | Mar 2026 |
| Langlie Jal Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2024 |
| Langlie Mattix | Lea County, NM | 642 BBLs | 0 MCF | Mar 2026 |
| Litie Woolworth | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| M E Hale | Lea County, NM | 52 BBLs | 781 MCF | Mar 2026 |
| New Mexico B | Lea County, NM | 114 BBLs | 362 MCF | Mar 2026 |
| North Shore Woolworth | Lea County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Prichard | Lea County, NM | 0 BBLs | 209 MCF | Mar 2026 |
| Red Cloud | Lea County, NM | 0 BBLs | 0 MCF | Aug 2019 |
| Stuart Langlie Mattix Unit | Lea County, NM | 108 BBLs | 0 MCF | Mar 2026 |
| Trantula 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Wells Federal | Lea County, NM | 0 BBLs | 643 MCF | Mar 2026 |
| Woolworth | Lea County, NM | 0 BBLs | 345 MCF | Mar 2026 |
These are the closest 20 companies operating near the State property.