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 - Mar 2026
Total Oil Production749,404 BBLs
Total Gas Production11,715,027 MCF
Recent Oil Production663 BBLs in Mar 2026
Recent Gas Production2,311 MCF in Mar 2026
Wells on Property37

Our Valuation Estimates for State

ShaleAssessment™

$29,940 *

MarketMultiple™

$97,934 **

* 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 Mar 2026

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-02704STATE C 001CHARLES B GILLESPIE JRPluggedLea County, NM32.950203-103.409576
30-025-02705STATE C 002CHARLES B GILLESPIE JRPluggedLea County, NM32.950287-103.405571
30-025-02706STATE C 003CHARLES B GILLESPIE JRPluggedLea County, NM32.946583-103.409531
30-025-02707STATE B 001CHARLES B GILLESPIE JRPluggedLea County, NM32.952927-103.405823
30-025-02708STATE B 003CHARLES B GILLESPIE JRPluggedLea County, NM32.955650-103.403153
30-025-02709STATE B 004Sabinal Energy Operating, LLCPluggedLea County, NM32.956524-103.410133
30-025-02710STATE D 001BCE-Mach III LLCActiveLea County, NM32.946564-103.418648
30-025-02711STATE D 002ENERGEN RESOURCES CORPORATIONPluggedLea County, NM32.949287-103.418648
30-025-02712STATE D 003ENERGEN RESOURCES CORPORATIONPluggedLea County, NM32.952091-103.418648
30-025-02713STATE D 004CHARLES B GILLESPIE JRPluggedLea County, NM32.946568-103.414345
30-025-02714STATE D 005ENERGEN RESOURCES CORPORATIONPluggedLea County, NM32.949291-103.412224
30-025-02715STATE D 006ENERGEN RESOURCES CORPORATIONPluggedLea County, NM32.952015-103.412224
30-025-02716STATE D 007CHARLES B GILLESPIE JRPluggedLea County, NM32.955643-103.412193
30-025-02719STATE TB 001DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.945683-103.430412
30-025-02720STATE TB 002GULF OIL CORPPluggedLea County, NM32.949310-103.430412
30-025-02721STATE TD 001DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.946579-103.426178
30-025-02734STATE TA 003DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.944840-103.448792
30-025-02756STATE 8 001HILLIARD OIL & GAS INCPluggedLea County, NM32.941322-103.474594
30-025-02757STATE ETA 002WPX Energy Permian, LLCPluggedLea County, NM32.934971-103.473511
30-025-02779STATE J 003J & J SERVICE INCActiveLea County, NM32.931240-103.452011
30-025-03734STATE T 001PRONGHORN MANAGEMENT CORPPluggedLea County, NM32.952026-103.401535
30-025-03735STATE T 002GANDY CORPPluggedLea County, NM32.955654-103.401001
30-025-03736STATE T 003PRONGHORN MANAGEMENT CORPPluggedLea County, NM32.952946-103.397560
30-025-03737STATE T 004PRONGHORN MANAGEMENT CORPPluggedLea County, NM32.956577-103.396484
30-025-08508STATE B 002ENERGEN RESOURCES CORPORATIONPluggedLea County, NM32.953995-103.409790
30-025-08512STATE 8 004KAISER-FRANCIS OIL COPluggedLea County, NM32.937691-103.473511
30-025-08514STATE 8 006KAISER-FRANCIS OIL COPluggedLea County, NM32.931366-103.481331
30-025-08515STATE 8 007KAISER-FRANCIS OIL COPluggedLea County, NM32.934986-103.478890
30-025-08516STATE J 001J & J SERVICE INCActiveLea County, NM32.935776-103.452011
30-025-08517STATE J 002J & J SERVICE INCActiveLea County, NM32.935757-103.446632
30-025-12551STATE 8 008KAISER-FRANCIS OIL COActiveLea County, NM32.934197-103.482147
30-025-26154STATE GH 001V-F PETROLEUM INCActiveLea County, NM32.909531-103.464897
30-025-27126STATE HO COM 001J E HASELOFF & EIDSON RANCH INCPluggedLea County, NM32.906921-103.499229
30-025-27697STATE 36 001BOBBY F ABERNATHYPluggedLea County, NM32.971863-103.466431
30-025-33606STATE D 008ENERGEN RESOURCES CORPORATIONPluggedLea County, NM32.955620-103.418648
30-025-34716STATE ETA 003North Fork Operating, LPActiveLea County, NM32.938599-103.473511
30-025-34813STATE ETA 004North Fork Operating, LPActiveLea County, NM32.942253-103.483162

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10STATE 36BOBBY F ABERNATHYLea County, NM
13709STATE KMOBIL PRODUCING TEXAS & NEW MEXICOLea County, NM
14991STATE TPRONGHORN MANAGEMENT CORPLea County, NM
27811STATE DENERGEN RESOURCES CORPORATIONLea County, NM
27821STATE BENERGEN RESOURCES CORPORATIONLea County, NM
302244STATE TADEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
302245STATE TBDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
302246STATE TDDEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
303290STATE ETAWPX Energy Permian, LLCLea County, NM
307985STATE GHV-F PETROLEUM INCLea County, NM
325976STATE BSabinal Energy Operating, LLCLea County, NM
33114STATE TGANDY CORPLea County, NM
333520STATE ETANorth Fork Operating, LPLea County, NM
337795STATE DBCE-Mach III LLCLea County, NM
4687STATE CCHARLES B GILLESPIE JRLea County, NM
4688STATE DCHARLES B GILLESPIE JRLea County, NM
4835STATE TBGULF OIL CORPLea County, NM
5085STATE HO COMJ E HASELOFF & EIDSON RANCH INCLea County, NM
5269STATE 8HILLIARD OIL & GAS INCLea County, NM
5363STATE JJ & J SERVICE INCLea County, NM
5471STATE 8KAISER-FRANCIS OIL 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
Big Flat Asn StateLea County, NM0 BBLs179 MCFApr 2026
Boyce 15Lea County, NM217 BBLs1,479 MCFMar 2026
Brunson Aqk StateLea County, NM0 BBLs21 MCFMar 2026
C O Jones Atk StateLea County, NM0 BBLs144 MCFApr 2026
CarlisleLea County, NM46 BBLs382 MCFMar 2026
Door Biw StateLea County, NM50 BBLs380 MCFApr 2026
FieldLea County, NM0 BBLs0 MCFNov 2010
Field Apk State ComLea County, NM0 BBLs24 MCFApr 2026
Global BBGLea County, NM0 BBLs0 MCFOct 2022
HilburnLea County, NM0 BBLs0 MCFMar 2024
Hulda A TownsendLea County, NM0 BBLs0 MCFFeb 2026
Humble TownsendLea County, NM0 BBLs371 MCFMar 2026
Lea A StateLea County, NM5 BBLs2,865 MCFApr 2026
Mayfly 14 StateLea County, NM0 BBLs0 MCFMar 2025
Mesa StateLea County, NM70 BBLs460 MCFMar 2026
New MexicoLea County, NM206 BBLs1,464 MCFApr 2026
Runnels AspLea County, NM0 BBLs47 MCFApr 2026
Shell Lusk AnbLea County, NM0 BBLs0 MCFAug 2025
TownsendLea County, NM1 BBLs227 MCFMar 2026
WatsonLea County, NM0 BBLs0 MCFNov 2002

Companies in the Area

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

Company Name
Amerind Oil Co L P
Armstrong Energy Corporation
Bta Oil Producers
Chesapeake Operating, Inc.
Contango Resources LLC
David H Arrington Oil & Gas Inc
Devon Energy Production Company, L.P.
Devon Louisiana Corporation
EOG Resources Inc
EOG Y Resources Inc
Extex Operating Company
J & J Service Inc
Jay Management Company LLC
Lime Rock Resources A, L.P.
Ocean Energy Inc
Onshore Royalties LLC
Raybaw Operating, LLC
Saguaro Petroleum, LLC
Special Energy Corp.
V-F Petroleum Inc.