State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Jan 2024
Total Oil Production426,596 BBLs
Total Gas Production156,082 MCF
Recent Oil Production525 BBLs in Jan 2024
Recent Gas Production95 MCF in Jan 2024
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment

$5,860 *

MarketMultiple

$73,787 **

* 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 Jan 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-03681STATE BM 001MEWBOURNE OIL COActiveLea County, NM33.015747-103.311211
30-025-03682STATE GA 001Extex Operating CompanyActiveLea County, NM33.019360-103.311203
30-025-03685STATE GA 004Extex Operating CompanyActiveLea County, NM33.019360-103.314438
30-025-03687STATE GA 006Extex Operating CompanyActiveLea County, NM33.022987-103.314430
30-025-03689STATE GB 001LEGACY RESERVES OPERATING, LPPlugged, Site ReleasedLea County, NM33.022987-103.311180
30-025-03714STATE AW 004ARCO PERMIANPlugged, Site ReleasedLea County, NM32.972290-103.268028
30-025-27611STATE PH 001ELK OIL COPlugged, Site ReleasedLea County, NM32.983166-103.268028
30-025-34142STATE 23 001RAND PAULSON ENERGY COMPANYPlugged, Site ReleasedLea County, NM32.996761-103.280647
30-025-38086STATE GA 008ECIMAREX ENERGY CO.Cancelled ApdLea County, NM33.020265-103.315501

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
1530STATE AWARCO PERMIANLea County, NM
21546STATE 23RAND PAULSON ENERGY COMPANYLea County, NM
310127STATE GBLEGACY RESERVES OPERATING, LPLea County, NM
330606STATE GAExtex Operating CompanyLea County, NM
334029STATE BMMEWBOURNE OIL COLea County, NM
35958STATE GACIMAREX ENERGY CO.Lea County, NM
3988STATE PHELK OIL COLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndersonLea County, NM0 BBLs0 MCFJul 2001
Arco StateLea County, NM0 BBLs0 MCFMar 2018
Bus Barn 4Lea County, NM52 BBLs236 MCFJan 2024
CaudillLea County, NM205 BBLs0 MCFJan 2024
CaudillLea County, NM0 BBLs0 MCFMay 1998
Caudill NorthLea County, NM0 BBLs0 MCFOct 2011
Caudill South 21 FeeLea County, NM421 BBLs986 MCFJan 2024
Caudill WestLea County, NM273 BBLs17,028 MCFJan 2024
D Culbertson 26 15S 36e TL StateLea County, NM1,056 BBLs4,990 MCFJan 2024
East Lovington 8Lea County, NM0 BBLs0 MCFMar 2023
GoodrichLea County, NM0 BBLs0 MCFDec 1998
GrahamLea County, NM308 BBLs1,817 MCFJan 2024
Hummingbird Adm StateLea County, NM0 BBLs0 MCFMar 2022
J P DeanLea County, NM0 BBLs0 MCFJul 2014
Julia CulpLea County, NM0 BBLs0 MCFAug 2001
Kim HarrisLea County, NM0 BBLs0 MCFJul 1994
Lea 396 StateLea County, NM0 BBLs0 MCFSep 2019
Olivine 05 16 37 TL StateLea County, NM322 BBLs429 MCFJan 2024
Royal StimulatorLea County, NM0 BBLs0 MCFMar 2008
Warehouse 10Lea County, NM0 BBLs0 MCFAug 2014