State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production224,939 BBLs
Total Gas Production219,963 MCF
Recent Oil Production52 BBLs in Mar 2025
Recent Gas Production0 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for State

ShaleAssessment

$4,353 *

MarketMultiple

$3,236 **

* 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 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
20712STATE 9SOUTHWEST ROYALTIES INCLea County, NM
5775STATE BLARIO OIL & GAS COLea County, NM
8937STATE BPENROC OIL CORPLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Button UpLea County, NM0 BBLs0 MCFApr 2001
Clemmons Sunburst FederalLea County, NM178 BBLs2 MCFMar 2025
CoastalLea County, NM32 BBLs0 MCFMar 2025
Cola Ado State ComChaves County, NM0 BBLs546 MCFMar 2025
CooperLea County, NM0 BBLs0 MCFApr 2004
Crossroads 22 StateLea County, NM167 BBLs694 MCFMar 2025
Dwight Azi StateLea County, NM0 BBLs0 MCFDec 2021
Flying MLea County, NM1,668 BBLs121 MCFMar 2025
HumbleChaves County, NM5 BBLs0 MCFMar 2025
Kellahin 14 StateLea County, NM0 BBLs0 MCFDec 2015
McAlesterChaves County, NM0 BBLs0 MCFFeb 2018
McGuffinLea County, NM807 BBLs100 MCFMar 2025
New MexicoLea County, NM112 BBLs30 MCFMar 2025
Penroc New Mexico BW StateChaves County, NM0 BBLs0 MCFJan 2010
Quota Aqt StateLea County, NM881 BBLs1,712 MCFMar 2025
South Tobac State UnitChaves County, NM0 BBLs0 MCFJan 2025
Southern Minerals StateLea County, NM289 BBLs1,427 MCFMar 2025
StateChaves County, NM0 BBLs0 MCFMar 2021
Sunburst Spence FederalLea County, NM0 BBLs0 MCFNov 2024
Susco StateLea County, NM531 BBLs0 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the State property.

Company Name