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 - Oct 2025
Total Oil Production123,697 BBLs
Total Gas Production1,478,257 MCF
Recent Oil Production209 BBLs in Sep 2025
Recent Gas Production8,712 MCF in Sep 2025
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$11,114 *

MarketMultiple™

$35,021 **

* 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 Oct 2025

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 BBLs56 MCFSep 2025
Blitzen Aub StateLea County, NM0 BBLs178 MCFSep 2025
Carper McAlester Ate StateLea County, NM106 BBLs633 MCFSep 2025
InbeLea County, NM0 BBLs16 MCFSep 2025
Indigo BHB StateLea County, NM0 BBLs35 MCFSep 2025
J D GuyeLea County, NM4 BBLs401 MCFOct 2025
Kookaburra Azb StateLea County, NM0 BBLs229 MCFSep 2025
Limbaugh Ayo StateLea County, NM0 BBLs206 MCFSep 2025
Milsap BLea County, NM139 BBLs362 MCFSep 2025
Orbison BoLea County, NM31 BBLs210 MCFSep 2025
SeayLea County, NM0 BBLs0 MCFAug 2002
South Four Lakes UnitLea County, NM11 BBLs0 MCFSep 2025
State HTLea County, NM0 BBLs0 MCFNov 1997
Waylon BLZ State ComLea County, NM0 BBLs306 MCFSep 2025
West Ranger UnitLea County, NM0 BBLs0 MCFMay 2025
Willie BNLea County, NM0 BBLs551 MCFSep 2025

Companies in the Area

These are the closest 9 companies operating near the State property.

Company Name
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