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 - Oct 2025
Total Oil Production7,591 BBLs
Total Gas Production260,345 MCF
Recent Oil Production5 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property2

Our Valuation Estimates for State

ShaleAssessment™

$384 *

MarketMultiple™

$585 **

* 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 Oct 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, NM387 BBLs1,424 MCFOct 2025
Angle StateLea County, NM0 BBLs0 MCFDec 2015
Beams 15 StateLea County, NM353 BBLs620 MCFOct 2025
Caprock Yeso Area Cya CLea County, NM784 BBLs1,695 MCFSep 2025
GallagherLea County, NM293 BBLs0 MCFSep 2025
Kemnitz Wolfcamp UnitLea County, NM0 BBLs8 MCFOct 2025
Lea 0Lea County, NM43 BBLs0 MCFOct 2025
Lea A StateLea County, NM14 BBLs0 MCFOct 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Ledbetter Gulf StateLea County, NM0 BBLs0 MCFApr 2025
Martin 11 StateLea County, NM457 BBLs950 MCFOct 2025
Miller BW StateLea County, NM175 BBLs0 MCFSep 2025
Mobil StateLea County, NM168 BBLs20 MCFSep 2025
New Mex ALea County, NM0 BBLs0 MCFSep 2012
Oakmont 11 10 State ComLea County, NM3,929 BBLs4,311 MCFSep 2025
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM255 BBLs202 MCFSep 2025
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shell StateLea County, NM0 BBLs0 MCFApr 2022
StateLea County, NM9 BBLs0 MCFOct 2025

Companies in the Area

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

Company Name
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
Rover Operating, LLC
Smith & Marrs Inc.
Southwest Royalties, Inc.
Spur Energy Partners LLC
Walsh & Watts Inc