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 - Apr 2026
Total Oil Production124,898 BBLs
Total Gas Production1,490,961 MCF
Recent Oil Production190 BBLs in Mar 2026
Recent Gas Production1,121 MCF in Mar 2026
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$10,138 *

MarketMultiple™

$35,094 **

* 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 Apr 2026

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-01838STATE X 001PRIDE ENERGY COMPANYPlugged (Not Released)Lea County, NM33.295010-103.470596
30-025-01853STATE 24 001H & O OPERATING CO., INC.PluggedLea County, NM33.262451-103.470467
30-025-20689STATE 001PRIDE ENERGY COMPANYActiveLea County, NM33.302269-103.470589
30-025-21627STATE AH 001TEXAS PACIFIC OIL CO INCPluggedLea County, NM33.280510-103.483566
30-025-21690STATE AH 002TEXAS PACIFIC OIL CO INCPluggedLea County, NM33.273258-103.483566
30-025-23055STATE BF 003Extex Operating CompanyActiveLea County, NM33.251507-103.493164
30-025-29634STATE QE 13 001Opal Operating Company LLCActiveLea County, NM33.273289-103.466164
30-025-37800STATE X 002PRIDE ENERGY COMPANYCancelledLea County, NM33.287779-103.466252
30-025-38803STATE QE 13 003PRIDE ENERGY COMPANYCancelledLea County, NM33.280523-103.466202

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
11253STATE AHTEXAS PACIFIC OIL CO INCLea County, NM
27138STATEPRIDE ENERGY COMPANYLea County, NM
28880STATE 24H & O OPERATING CO., INC.Lea County, NM
32545STATE XPRIDE ENERGY COMPANYLea County, NM
330604STATE BFExtex Operating CompanyLea County, NM
331586STATE QE 13Opal Operating Company LLCLea County, NM
33557STATE QE 13PRIDE ENERGY COMPANYLea County, NM
35297STATE QE 13 COMPRIDE ENERGY COMPANYLea County, NM

Operators Associated With State

Nearby Properties

These are the closest 16 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Azure Bne State ComLea County, NM0 BBLs220 MCFMar 2026
Blitzen Aub StateLea County, NM0 BBLs152 MCFMar 2026
Carper McAlester Ate StateLea County, NM95 BBLs612 MCFMar 2026
InbeLea County, NM0 BBLs0 MCFJul 2025
Indigo BHB StateLea County, NM0 BBLs68 MCFMar 2026
J D GuyeLea County, NM0 BBLs108 MCFApr 2026
Kookaburra Azb StateLea County, NM0 BBLs184 MCFMar 2026
Limbaugh Ayo StateLea County, NM0 BBLs257 MCFMar 2026
Milsap BLea County, NM139 BBLs336 MCFMar 2026
Orbison BoLea County, NM14 BBLs174 MCFMar 2026
SeayLea County, NM0 BBLs0 MCFAug 2002
South Four Lakes UnitLea County, NM11 BBLs0 MCFMar 2026
State HTLea County, NM0 BBLs0 MCFNov 1997
Waylon BLZ State ComLea County, NM0 BBLs120 MCFMar 2026
West Ranger UnitLea County, NM0 BBLs0 MCFDec 2025
Willie BNLea County, NM0 BBLs392 MCFMar 2026

Companies in the Area

These are the closest 11 companies operating near the State property.

Company Name
Afoc, LLC
EOG Y Resources Inc
Extex Operating Company
Manzano Oil Corporation
Manzano, LLC
Opal Operating Company LLC
Phillips Petroleum Company
Pride Energy Company
Smith & Marrs Inc.
Southland Royalty Company
Waylander LLC