State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - May 2025
Total Oil Production7,565 BBLs
Total Gas Production260,308 MCF
Recent Oil Production6 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property2

Our Valuation Estimates for State

ShaleAssessment

$412 *

MarketMultiple

$581 **

* 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
30-025-01972STATE 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 NameOperatorCountyMonthly Oil Prod.
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, NM423 BBLs1,203 MCFMay 2025
Angle StateLea County, NM0 BBLs0 MCFDec 2015
Beams 15 StateLea County, NM459 BBLs718 MCFMay 2025
Caprock Yeso Area Cya CLea County, NM551 BBLs1,134 MCFMay 2025
GallagherLea County, NM0 BBLs0 MCFMar 2025
Kemnitz Wolfcamp UnitLea County, NM145 BBLs225 MCFMay 2025
Lea 0Lea County, NM43 BBLs0 MCFMay 2025
Lea A StateLea County, NM18 BBLs0 MCFMay 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Ledbetter Gulf StateLea County, NM0 BBLs0 MCFApr 2025
Martin 11 StateLea County, NM501 BBLs761 MCFMay 2025
Miller BW StateLea County, NM151 BBLs0 MCFMay 2025
Mobil StateLea County, NM12 BBLs0 MCFMay 2025
New Mex ALea County, NM0 BBLs0 MCFSep 2012
Oakmont 11 10 State ComLea County, NM3,574 BBLs4,339 MCFMay 2025
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM385 BBLs805 MCFMay 2025
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shell StateLea County, NM0 BBLs0 MCFApr 2022
Silverstrand StateLea County, NM342 BBLs158 MCFMay 2025