State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Feb 2024
Total Oil Production119,756 BBLs
Total Gas Production1,419,379 MCF
Recent Oil Production203 BBLs in Jan 2024
Recent Gas Production3,167 MCF in Jan 2024
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment

$15,147 *

MarketMultiple

$40,145 **

* 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 Feb 2024

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 ReleasedLea County, NM33.295010-103.470596
30-025-01853STATE 24 001H & O OPERATING CO., INC.Plugged, Site ReleasedLea County, NM33.262451-103.470467
30-025-20689STATE 001PRIDE ENERGY COMPANYActiveLea County, NM33.302269-103.470589
30-025-21627STATE AH 001TEXAS PACIFIC OIL CO INCPlugged, Site ReleasedLea County, NM33.280510-103.483566
30-025-21690STATE AH 002TEXAS PACIFIC OIL CO INCPlugged, Site ReleasedLea 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 COMPANYCancelled ApdLea County, NM33.287779-103.466252
30-025-38803STATE QE 13 003PRIDE ENERGY COMPANYCancelled ApdLea 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

Nearby Properties

These are the closest 18 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Azure Bne State ComLea County, NM0 BBLs743 MCFJan 2024
Blitzen Aub StateLea County, NM16 BBLs2,197 MCFJan 2024
Carper McAlester Ate StateLea County, NM154 BBLs984 MCFJan 2024
InbeLea County, NM0 BBLs81 MCFJan 2024
Indigo BHB StateLea County, NM23 BBLs3,375 MCFJan 2024
J D GuyeLea County, NM47 BBLs337 MCFFeb 2024
Kookaburra Azb StateLea County, NM33 BBLs1,324 MCFJan 2024
Limbaugh Ayo StateLea County, NM22 BBLs4,026 MCFJan 2024
Milsap BLea County, NM214 BBLs251 MCFJan 2024
Orbison BoLea County, NM110 BBLs1,902 MCFJan 2024
SeayLea County, NM0 BBLs0 MCFAug 2002
South Four Lakes UnitLea County, NM16 BBLs0 MCFJan 2024
State HTLea County, NM0 BBLs0 MCFNov 1997
Waylon BLX State ComLea County, NM0 BBLs23,740 MCFJan 2024
Waylon BLZ State ComLea County, NM21 BBLs3,167 MCFJan 2024
Waylon BMC State ComLea County, NM125 BBLs12,769 MCFJan 2024
West Ranger UnitLea County, NM466 BBLs673 MCFFeb 2024
Willie BNLea County, NM0 BBLs148 MCFJan 2024