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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Aug 2025
Total Oil Production743,440 BBLs
Total Gas Production1,144,978 MCF
Recent Oil Production931 BBLs in Jul 2025
Recent Gas Production1,736 MCF in Jul 2025
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment™

$46,435 *

MarketMultiple™

$48,089 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
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
30-025-02572STATE E 022HAL J RASMUSSEN OPER INCPlugged (Not Released)Lea County, NM32.461731-103.441681
30-025-02579STATE 23 025HAL J RASMUSSEN OPER INCPlugged (Not Released)Lea County, NM32.465488-103.441681
30-025-02596STATE L 001FULFER OIL & CATTLE LLCPlugged (Not Released)Lea County, NM32.452694-103.431007
30-025-02605STATE AA 001RAYBAW Operating, LLCTemporary AbandonmentLea County, NM32.433575-103.434135
30-025-08470STATE BU 001V-F PETROLEUM INCPluggedLea County, NM32.415237-103.442719
30-025-26559STATE GC 001Extex Operating CompanyActiveLea County, NM32.400723-103.404526
30-025-27907STATE 001GREAT WESTERN ONSHORE INCPluggedLea County, NM32.411610-103.442726
30-025-38617STATE GC 002Extex Operating CompanyActiveLea County, NM32.411606-103.408478

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
14038STATE 23HAL J RASMUSSEN OPER INCLea County, NM
14039STATE EHAL J RASMUSSEN OPER INCLea County, NM
25366STATE LFULFER OIL & CATTLE LLCLea County, NM
314863STATE BUV-F PETROLEUM INCLea County, NM
330607STATE GCExtex Operating CompanyLea County, NM
334088STATE AARAYBAW Operating, LLCLea County, NM
4207STATE COMEXXON MOBIL CORPORATIONLea County, NM
4801STATEGREAT WESTERN ONSHORE INCLea 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
Burgundy 20005 JV-PLea County, NM0 BBLs184 MCFAug 2025
Chimichangas 12 State ComLea County, NM34,135 BBLs79,319 MCFJul 2025
Chorizo 12 State ComLea County, NM19,791 BBLs34,023 MCFJul 2025
Dolly VardenLea County, NM100,340 BBLs155,569 MCFJul 2025
Dolly Varden 25 24 BLea County, NM7,026 BBLs20,484 MCFJul 2025
Eric Cartman 6 State ComLea County, NM68,039 BBLs206,295 MCFJul 2025
Getty 1 StateLea County, NM0 BBLs0 MCFApr 2025
Getty 36 State ComLea County, NM0 BBLs82 MCFAug 2025
Gordita 6 State ComLea County, NM75,901 BBLs112,223 MCFJul 2025
Grama Ridge 116 35Lea County, NM26,422 BBLs68,522 MCFAug 2025
Grama Ridge East 34Lea County, NM14,448 BBLs69,723 MCFJul 2025
Inland 26 23 BLea County, NM24,998 BBLs118,101 MCFJul 2025
Margarita 12 State ComLea County, NM19,863 BBLs92,965 MCFJul 2025
New Mexico DLea County, NM0 BBLs245 MCFAug 2025
Ram 3 B2pa State ComLea County, NM2,282 BBLs6,649 MCFJul 2025
Ram 3 B3ob State ComLea County, NM2,247 BBLs2,843 MCFJul 2025
Ram 3 B3pa State ComLea County, NM995 BBLs1,260 MCFJul 2025
Slick Mesa 27 StateLea County, NM910 BBLs11,211 MCFAug 2025
Squeeze 2 StateLea County, NM12,492 BBLs40,994 MCFJul 2025
Steelhead 36 25 B2Lea County, NM13,777 BBLs34,033 MCFJul 2025

Companies in the Area

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

Company Name
3R Operating , LLC
Bta Oil Producers, LLC
C W Trainer
Caza Operating, LLC
Chisholm Energy Operating, LLC
Cimarex Energy Co. Of Colorado
COG Operating LLC
Earthstone Operating, LLC
EOG Resources, Inc.
Hilcorp Energy Company
Jay Management Company LLC
John H Hendrix Corp
Marathon Oil Permian LLC
Marshall & Winston, Inc.
Mewbourne Oil Company
Permian Resources Operating, LLC
Phillips Petroleum Company
Pronghorn Management Corporation
Raybaw Operating, LLC
V-F Petroleum Inc.