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

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production738,818 BBLs
Total Gas Production1,136,579 MCF
Recent Oil Production204 BBLs in Mar 2025
Recent Gas Production3 MCF in Mar 2025
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment™

$49,361 *

MarketMultiple™

$9,260 **

* 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 Mar 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

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 BBLs1,389 MCFMar 2025
Chimichangas 12 State ComLea County, NM36,391 BBLs104,539 MCFMar 2025
Chorizo 12 State ComLea County, NM26,359 BBLs51,965 MCFMar 2025
Dolly VardenLea County, NM192,297 BBLs277,501 MCFMar 2025
Dolly Varden 25 24 BLea County, NM10,506 BBLs26,491 MCFMar 2025
Eric Cartman 6 State ComLea County, NM70,602 BBLs181,645 MCFMar 2025
Getty 1 StateLea County, NM6 BBLs308 MCFMar 2025
Getty 36 State ComLea County, NM0 BBLs1,758 MCFMar 2025
Gordita 6 State ComLea County, NM26,389 BBLs100,839 MCFMar 2025
Grama Ridge 116 35Lea County, NM35,310 BBLs106,881 MCFMar 2025
Grama Ridge East 34Lea County, NM16,873 BBLs62,061 MCFMar 2025
Inland 26 23 BLea County, NM20,456 BBLs82,259 MCFMar 2025
Margarita 12 State ComLea County, NM24,653 BBLs85,175 MCFMar 2025
New Mexico DLea County, NM59 BBLs0 MCFMar 2025
Ram 3 B2pa State ComLea County, NM694 BBLs3,944 MCFMar 2025
Ram 3 B3ob State ComLea County, NM1,955 BBLs2,528 MCFMar 2025
Ram 3 B3pa State ComLea County, NM993 BBLs2,061 MCFMar 2025
Slick Mesa 27 StateLea County, NM1,021 BBLs10,797 MCFMar 2025
Squeeze 2 StateLea County, NM14,258 BBLs45,877 MCFMar 2025
Steelhead 36 25 B2Lea County, NM15,010 BBLs31,054 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the State property.

Company Name