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 - Aug 2025
Total Oil Production88,060 BBLs
Total Gas Production561,951 MCF
Recent Oil Production115 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property6

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$12,220 **

* 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 Aug 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-25541STATE 8 001W A MONCRIEF JRActiveLea County, NM32.938362-103.580933
30-025-29284STATE H 001MEWBOURNE OIL COPluggedLea County, NM32.941925-103.594933
30-025-29318STATE H 001YMEWBOURNE OIL COPluggedLea County, NM32.941925-103.595093
30-025-30049STATE 7 001AVRA OIL COPluggedLea County, NM32.934681-103.594940
30-025-30391STATE 8 002W A MONCRIEF JRPluggedLea County, NM32.941990-103.580933
30-025-30832STATE 8 003RAM ENERGY LLCPluggedLea County, NM32.941048-103.588478

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
21079STATE 7AVRA OIL COLea County, NM
313855STATE 8RAM ENERGY LLCLea County, NM
7919STATE HMEWBOURNE OIL COLea County, NM
8073STATE 8W A MONCRIEF JRLea 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
Bell 1Lea County, NM0 BBLs0 MCFJun 1999
Big Hat BKLea County, NM0 BBLs0 MCFSep 2013
Buffalo Aru StateLea County, NM0 BBLs0 MCFSep 2010
Calfrope StateLea County, NM0 BBLs0 MCFMar 2022
Dolphin StateLea County, NM0 BBLs0 MCFJun 2018
East KemnitzLea County, NM0 BBLs495 MCFJul 2025
Eidson RanchLea County, NM0 BBLs0 MCFMay 2008
Forgotten StateLea County, NM0 BBLs0 MCFMay 2025
Gar StateLea County, NM89 BBLs0 MCFJul 2025
Hot Toddy Abq StateLea County, NM409 BBLs1,430 MCFJul 2025
KemnitzLea County, NM0 BBLs197 MCFJul 2025
Kemnitz Lower Wolfcamp East UnitLea County, NM0 BBLs0 MCFJul 2007
Kemnitz Wolfcamp UnitLea County, NM121 BBLs294 MCFJul 2025
Lovington PlainsLea County, NM8 BBLs923 MCFAug 2025
New Mex ALea County, NM0 BBLs0 MCFSep 2012
Northeast KemnitzLea County, NM679 BBLs4,377 MCFJul 2025
Snapper StateLea County, NM300 BBLs130 MCFJul 2025
SombreroLea County, NM184 BBLs46 MCFJul 2025
StateLea County, NM0 BBLs0 MCFJul 2019
StateLea County, NM1 BBLs2,366 MCFAug 2025

Companies in the Area

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

Company Name
Chesapeake Operating, Inc.
Cimarex Energy Co. Of Colorado
COG Operating LLC
Devon Energy Operating Co., L.P.
Edge Petroleum Oper. Co., Inc.
Elk Oil Company
EOG Y Resources Inc
Extex Operating Company
Fina Oil & Chemical
G And C Operating, LLC
Legacy Reserves Operating LP
Mack Energy Corporation
Marks And Garner Production LTD Co
Matador Operating Company
Matador Production Company
MGM Oil & Gas Company
Nadel And Gussman Permian,L.L.C.
Penroc Oil Corp.
Roughhouse Operating, LLC
Sarvis Permian Land Fund I SC, LLC