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 - May 2025
Total Oil Production470,317 BBLs
Total Gas Production785,366 MCF
Recent Oil Production702 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property10

Our Valuation Estimates for State

ShaleAssessment™

$19,970 *

MarketMultiple™

$53,926 **

* 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 May 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-00080STATE EC E 001COLLINS & WARE INCPluggedLea County, NM33.302383-103.686188
30-025-00081STATE EC H 001PALADIN ENERGY CORPPluggedLea County, NM33.302376-103.682953
30-025-00085STATE D J 001STEVENSON OIL COMPANY, INC.Plugged (Not Released)Lea County, NM33.308727-103.680786
30-025-00104STATE EC C 001PALADIN ENERGY CORPPluggedLea County, NM33.295128-103.686195
30-025-00105STATE EC C 002PALADIN ENERGY CORPPluggedLea County, NM33.298756-103.686195
30-025-00119STATE BA 001TEXACO EXPLORATION & PRODUCTION INCPluggedLea County, NM33.284252-103.694885
30-025-00138STATE T 001GREAT WESTERN DRILLING COPluggedLea County, NM33.273346-103.733772
30-025-27961STATE 26 001KELLY H BAXTERPluggedLea County, NM33.255199-103.687317
30-025-39698STATE EC C 003BXP Operating, LLCActiveLea County, NM33.295948-103.685211
30-025-39992STATE EC C 004BXP Operating, LLCPlugged (Not Released)Lea County, NM33.295124-103.685120

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
1813STATE 26KELLY H BAXTERLea County, NM
19189STATE EC ECOLLINS & WARE INCLea County, NM
24985STATE EC CPALADIN ENERGY CORPLea County, NM
24986STATE EC HPALADIN ENERGY CORPLea County, NM
305202STATE D JSTEVENSON OIL COMPANY, INC.Lea County, NM
326860STATE EC CBXP Operating, LLCLea County, NM
32756STATE TGREAT WESTERN DRILLING COLea 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
AmeradaLea County, NM0 BBLs0 MCFMay 2005
Brewer 689 C LTDLea County, NM0 BBLs0 MCFAug 2003
C W RobinsonLea County, NM0 BBLs294 MCFMay 2025
Caprock 12 State ComChaves County, NM0 BBLs0 MCFApr 2025
Graham B StateLea County, NM150 BBLs2,624 MCFMay 2025
H C Posey ALea County, NM0 BBLs0 MCFJul 2022
HuberLea County, NM0 BBLs0 MCFApr 2024
Hugh 689-CLea County, NM0 BBLs0 MCFFeb 2008
John H MooreLea County, NM0 BBLs0 MCFFeb 2025
L C H 689 LTDLea County, NM0 BBLs0 MCFApr 2024
LandladyLea County, NM0 BBLs0 MCFMay 2015
MathersLea County, NM22 BBLs54 MCFMay 2025
New Mexico BLea County, NM0 BBLs97 MCFMay 2025
New Mexico BLea County, NM0 BBLs0 MCFFeb 2025
Northeast Caprock Queen UnitLea County, NM0 BBLs0 MCFFeb 1998
Peggy ComLea County, NM0 BBLs2,255 MCFMay 2025
Penn 7514 JV DLea County, NM0 BBLs50 MCFMay 2025
Penroc StateLea County, NM0 BBLs0 MCFJun 2024
StanLea County, NM0 BBLs0 MCFMay 2024
Tenneco SunshineLea County, NM0 BBLs0 MCFJun 1998

Companies in the Area

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

Company Name
Acacia Operating Company, LLC
BC Operating, Inc.
Bravo Operating Company
Bta Oil Producers
Bta Oil Producers, LLC
BXP Operating, LLC
E.G.L. Resources, Inc.
Eclipse Oil & Gas, Inc.
Endeavor Energy Resources, LP
Extex Operating Company
J R Oil, LTD. Co.
Murphy Operating Corp
Oxy USA Inc
Paladin Energy Corp.
Rhombus Operating Co., LTD
Sierra Blanca Operating Company
Stevenson Oil Company
Sundown Energy LP
Texaco Expl. And Prod. Inc.
Tipperary Oil & Gas Corp