State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. State Oil & Gas Property

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Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Jun 2025
Total Oil Production871,758 BBLs
Total Gas Production15,888,956 MCF
Recent Oil Production588 BBLs in May 2025
Recent Gas Production9,898 MCF in May 2025
Wells on Property30

Our Valuation Estimates for State

ShaleAssessment™

$109,420 *

MarketMultiple™

$194,416 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Jan 1993 to Jun 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-09707STATE W 001HERMAN L. LOEB LLCPluggedLea County, NM32.168350-103.212410
30-025-09708STATE W 002HERMAN L. LOEB LLCPluggedLea County, NM32.168354-103.216675
30-025-09713STATE B 002SHELL WESTERN E & P INCPluggedLea County, NM32.175610-103.220924
30-025-09715STATE A-36 001YLANEXCO INCPluggedLea County, NM32.180016-103.226097
30-025-09716STATE B COM 001WHITING OIL AND GAS CORPORATIONPluggedLea County, NM32.179405-103.221252
30-025-11396STATE JP 001CITATION OIL & GAS CORPActiveLea County, NM32.165661-103.134789
30-025-11398STATE NJ A 001APACHE CORPORATIONPluggedLea County, NM32.164749-103.127335
30-025-11399STATE NJA 002HESS CORPORATIONPluggedLea County, NM32.164944-103.127106
30-025-11400STATE NJ A 003APACHE CORPORATIONPluggedLea County, NM32.165215-103.127426
30-025-11401STATE A 2 COM 001CONOCO INCPluggedLea County, NM32.153870-103.131569
30-025-11402STATE A 2 002SOUTHWEST ROYALTIES INCActiveLea County, NM32.158405-103.130516
30-025-11413STATE JM 001CITATION OIL & GAS CORPActiveLea County, NM32.164757-103.131599
30-025-11414STATE JM 002CITATION OIL & GAS CORPActiveLea County, NM32.165661-103.130531
30-025-11417STATE L 003SCOUT ENERGY MANAGEMENT LLCActiveLea County, NM32.162018-103.134773
30-025-11419STATE L 004SCOUT ENERGY MANAGEMENT LLCActiveLea County, NM32.162018-103.139038
30-025-11629STATE O 001BETTIS BOYLE & STOVALL,INC.PluggedLea County, NM32.135723-103.161415
30-025-20137STATE BB 002SCOUT ENERGY MANAGEMENT LLCPluggedLea County, NM32.165356-103.139053
30-025-20225STATE A 2 003SOUTHWEST ROYALTIES INCActiveLea County, NM32.154778-103.130501
30-025-21872STATE A-36 002Energy Acumen LLCActiveLea County, NM32.176525-103.225189
30-025-24740STATE W 003HERMAN L. LOEB LLCPluggedLea County, NM32.169254-103.211342
30-025-25845STATE A 32 004HERMAN L. LOEB LLCPluggedLea County, NM32.176159-103.188896
30-025-26582STATE NJ A 004APACHE CORPORATIONPluggedLea County, NM32.164841-103.126816
30-025-27210STATE B COM 002SABRE OP INCActiveLea County, NM32.171074-103.216675
30-025-31307STATE A 2 004SOUTHWEST ROYALTIES INCActiveLea County, NM32.157909-103.131577
30-025-32476STATE A 2 005SOUTHWEST ROYALTIES INCActiveLea County, NM32.154778-103.131653
30-025-32911STATE L 005SCOUT ENERGY MANAGEMENT LLCActiveLea County, NM32.160355-103.136414
30-025-33169STATE BB 003SCOUT ENERGY MANAGEMENT LLCActiveLea County, NM32.163845-103.141182
30-025-33725STATE L 006SCOUT ENERGY MANAGEMENT LLCActiveLea County, NM32.160214-103.140778
30-025-34555STATE A 32 005HERMAN L. LOEB LLCPluggedLea County, NM32.179100-103.191284
30-025-34717STATE A 32 006SDX RESOURCES INCCancelledLea County, NM32.175877-103.190952

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10121STATE BSHELL WESTERN E & P INCLea County, NM
202STATE NJAHESS CORPORATIONLea County, NM
2026STATE OBETTIS BOYLE & STOVALL,INC.Lea County, NM
23976STATE A 32SDX RESOURCES INCLea County, NM
26485STATE NJ AAPACHE CORPORATIONLea County, NM
2832STATE JMCITATION OIL & GAS CORPLea County, NM
2833STATE JPCITATION OIL & GAS CORPLea County, NM
30007STATE BBCHEVRON U S A INCLea County, NM
301942STATE B COMWHITING OIL AND GAS CORPORATIONLea County, NM
302278STATE B COMSABRE OP INCLea County, NM
306732STATE A 32HERMAN L. LOEB LLCLea County, NM
306734STATE WHERMAN L. LOEB LLCLea County, NM
3093STATE A 2 COMCONOCO INCLea County, NM
331629STATE BBSCOUT ENERGY MANAGEMENT LLCLea County, NM
331630STATE LSCOUT ENERGY MANAGEMENT LLCLea County, NM
33234STATE A-36LANEXCO INCLea County, NM
332803STATE A-36Energy Acumen LLCLea County, NM
335447STATE A 2SOUTHWEST ROYALTIES INCLea County, NM

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
C C Fristoe A Federal NCTLea County, NM190 BBLs1,698 MCFJun 2025
G L Erwin A FederalLea County, NM101 BBLs2,202 MCFJun 2025
G L Erwin B Federal NCTLea County, NM1,248 BBLs7,829 MCFJun 2025
George L ErwinLea County, NM0 BBLs0 MCFJul 2024
Hale StateLea County, NM53 BBLs4,645 MCFJun 2025
Humphrey Queen UnitLea County, NM0 BBLs0 MCFMar 2024
Jalmat State Gas ComLea County, NM0 BBLs0 MCFAug 2023
LanglieLea County, NM0 BBLs103 MCFJun 2025
Langlie Jal FederalLea County, NM0 BBLs18 MCFMay 2025
Langlie MattixLea County, NM4 BBLs0 MCFMay 2025
Litie WoolworthLea County, NM0 BBLs0 MCFJun 2023
M E HaleLea County, NM82 BBLs900 MCFJun 2025
New Mexico BLea County, NM474 BBLs1,755 MCFJun 2025
North Shore WoolworthLea County, NM0 BBLs0 MCFFeb 2025
PrichardLea County, NM0 BBLs59 MCFJun 2025
Red CloudLea County, NM0 BBLs0 MCFAug 2019
Stuart Langlie Mattix UnitLea County, NM7 BBLs0 MCFJun 2025
Trantula 3 FederalLea County, NM0 BBLs0 MCFAug 2020
Wells FederalLea County, NM0 BBLs0 MCFJan 2025
WoolworthLea County, NM0 BBLs286 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the State property.

Company Name
Apache Corporation
Arena Resources Inc
Burleson Petroleum, Inc.
Burlington Resources Oil & Gas Company LP
Burlington Resources Oil And Gas Co.
BXP Operating, LLC
Chuza Operating
Cimarex Energy Co. Of Colorado
Contango Resources LLC
Fae II Operating LLC
Fulfer Oil & Cattle LLC
Herman L. Loeb, LLC
Hilcorp Energy Company
Linn Operating LLC
McDonnold Operating, Inc.
Merit Energy Company, LLC
Poco Resources LLC
Prize Operating Company
Sandridge Exploration And Production LLC
SDX Resources, Inc.