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 - Jan 2026
Total Oil Production7,604 BBLs
Total Gas Production260,267 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for State

ShaleAssessment™

$367 *

MarketMultiple™

$590 **

* 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 2026

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-01972STATE 197 001WALSH & WATTS INCActiveLea County, NM32.857544-103.592674
30-025-25409STATE XX COM 001CROSS TIMBERS ENERGY, LLCPlugged (Not Released)Lea County, NM32.847561-103.593720

Leases included in State

Lease #Lease NameOperatorCounty
312486STATE XX COMCROSS TIMBERS ENERGY, LLCLea County, NM
332461STATE 197WALSH & WATTS 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
Abenaki 10 StateLea County, NM422 BBLs1,219 MCFFeb 2026
Angle StateLea County, NM0 BBLs0 MCFDec 2015
Beams 15 StateLea County, NM371 BBLs724 MCFFeb 2026
Caprock Yeso Area Cya CLea County, NM724 BBLs899 MCFFeb 2026
GallagherLea County, NM134 BBLs0 MCFFeb 2026
Kemnitz Wolfcamp UnitLea County, NM0 BBLs0 MCFDec 2025
Lea 0Lea County, NM104 BBLs0 MCFFeb 2026
Lea A StateLea County, NM77 BBLs11 MCFFeb 2026
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Ledbetter Gulf StateLea County, NM0 BBLs0 MCFApr 2025
Miller BW StateLea County, NM154 BBLs0 MCFFeb 2026
Mobil StateLea County, NM0 BBLs0 MCFJan 2026
New Mex ALea County, NM0 BBLs0 MCFSep 2012
Oakmont 11 10 State ComLea County, NM2,893 BBLs3,290 MCFFeb 2026
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM40 BBLs23 MCFFeb 2026
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shell StateLea County, NM0 BBLs0 MCFApr 2022
Silverstrand StateLea County, NM433 BBLs217 MCFFeb 2026
StateLea County, NM0 BBLs0 MCFJan 2026

Companies in the Area

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

Company Name
Ad Astra Resources, LLC
Chevron USA Inc
Cimarex Energy Co. Of Colorado
CML Exploration, LLC
COG Operating LLC
ConocoPhillips Company
Dwight A Tipton
EOG A Resources, Inc.
Fina Oil & Chemical
G And C Operating, LLC
Mack Energy Corporation
Maverick Permian LLC
MGM Oil & Gas Company
Pennzenergy Exploration And Production LLC
Penroc Oil Corp.
Phillips Petroleum Company
Smith & Marrs Inc.
Southwest Royalties, Inc.
Spur Energy Partners LLC
Walsh & Watts Inc