State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Nov 2021
Total Oil Production7,337 BBLs
Total Gas Production260,329 MCF
Recent Oil Production4 BBLs in Oct 2021
Recent Gas Production0 MCF in Oct 2021
Wells on Property2

Our Valuation Estimates for State

ShaleAssessment

$744 *

MarketMultiple

$1,046 **

* 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 Nov 2021

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-01972STATE 197 001MAMMOTH EXPLORATION, LLCActiveLea County, NM32.857544-103.592674
30-025-25409STATE XX COM 001CROSS TIMBERS ENERGY, LLCActiveLea County, NM32.847561-103.593720

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
312486STATE XX COMCROSS TIMBERS ENERGY, LLCLea County, NM
321545STATE 197MAMMOTH EXPLORATION, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abenaki 10 StateLea County, NM915 BBLs2,491 MCFNov 2021
Angle StateLea County, NM0 BBLs0 MCFDec 2015
Beams 15 StateLea County, NM387 BBLs964 MCFNov 2021
GallagherLea County, NM0 BBLs0 MCFMay 2021
Kemnitz Wolfcamp UnitLea County, NM94 BBLs2,776 MCFNov 2021
Lea 0Lea County, NM125 BBLs0 MCFOct 2021
Lea A StateLea County, NM25 BBLs0 MCFNov 2021
LeamexLea County, NM904 BBLs2,128 MCFNov 2021
Ledbetter Gulf StateLea County, NM0 BBLs0 MCFDec 2020
Martin 11 StateLea County, NM574 BBLs1,358 MCFNov 2021
Miller BW StateLea County, NM60 BBLs0 MCFNov 2021
Mobil StateLea County, NM102 BBLs0 MCFOct 2021
New Mex ALea County, NM0 BBLs0 MCFSep 2012
North Vacuum AboLea County, NM24,950 BBLs17,449 MCFNov 2021
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM255 BBLs0 MCFNov 2021
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shell StateLea County, NM0 BBLs0 MCFNov 2020
Silverstrand StateLea County, NM569 BBLs284 MCFNov 2021
StateLea County, NM24 BBLs322 MCFNov 2021