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 2023
Total Oil Production145,841 BBLs
Total Gas Production107,742 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property11

Our Valuation Estimates for State

ShaleAssessment™

$3,570 *

MarketMultiple™

$525 **

* 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 2023

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
30-025-03029STATE BJ 001ME-TEX OIL & GAS INCPlugged, Site ReleasedLea County, NM32.786736-103.435761
30-025-03035STATE VC 001SOUTHWESTERN INCPlugged, Not ReleasedLea County, NM32.789477-103.404339
30-025-03036STATE G 36 001PENROC OIL CORPPlugged, Site ReleasedLea County, NM32.789368-103.417503
30-025-03954STATE VE 001PENROC OIL CORPPlugged, Site ReleasedLea County, NM32.785679-103.387596
30-025-23719STATE L 001CHESAPEAKE OPERATING, INC.Plugged, Site ReleasedLea County, NM32.824799-103.396202
30-025-23776STATE M 001CHEVRON U S A INCPlugged, Site ReleasedLea County, NM32.828472-103.390839
30-025-23852STATE L 002CHESAPEAKE OPERATING, INC.Plugged, Site ReleasedLea County, NM32.819283-103.401291
30-025-28605STATE 30 001MARK L SHIDLER INCPlugged, Not ReleasedLea County, NM32.804752-103.395142
30-025-34761STATE 11 001V-F PETROLEUM INCActiveLea County, NM32.844025-103.434731
30-025-39539STATE 11 002CV-F PETROLEUM INCCancelled ApdLea County, NM32.843968-103.426666
30-025-41969STATE 11 002V-F PETROLEUM INCPlugged, Site ReleasedLea County, NM32.843971-103.426636

Leases included in State

Lease #Lease NameOperatorCounty
10677STATE VCSOUTHWESTERN INCLea County, NM
16355STATE 30MARK L SHIDLER INCLea County, NM
18765STATE BJME-TEX OIL & GAS INCLea County, NM
311807STATE MCHEVRON U S A INCLea County, NM
33714STATE MCHESAPEAKE OPERATING, INC.Lea County, NM
37588STATE 11V-F PETROLEUM INCLea County, NM
8945STATE G 36PENROC OIL CORPLea County, NM
8948STATE VEPENROC OIL CORPLea 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
Abo D 7903 JV-PLea County, NM0 BBLs0 MCFFeb 2024
Big Piney 22115 19 18 State ComLea County, NM13,784 BBLs39,735 MCFFeb 2024
Bimini 13 StateLea County, NM0 BBLs0 MCFSep 2022
Bluebell 22115 19 18 State ComLea County, NM14,046 BBLs12,788 MCFFeb 2024
BuckeyeLea County, NM0 BBLs0 MCFMar 2007
East Vacuum (Gsa) Unit 0Lea County, NM0 BBLs0 MCFFeb 2020
Giles StateLea County, NM0 BBLs0 MCFNov 2020
Hickory 14 StateLea County, NM0 BBLs0 MCFAug 2023
Hoosier 22 StateLea County, NM0 BBLs0 MCFAug 2023
Lea 946 StateLea County, NM532 BBLs2,137 MCFFeb 2024
Mustang StateLea County, NM0 BBLs0 MCFJun 2013
New MexicoLea County, NM278 BBLs0 MCFFeb 2024
Penroc State BJLea County, NM0 BBLs0 MCFJul 2019
Santa FeLea County, NM784 BBLs1,827 MCFJan 2024
Shoe BarLea County, NM2 BBLs0 MCFJan 2024
South Shoebar 1Lea County, NM12 BBLs1,431 MCFFeb 2024
TMBR 1Lea County, NM120 BBLs232 MCFJan 2024
TurnerLea County, NM153 BBLs0 MCFFeb 2024
Vacuum Abo UnitLea County, NM4,922 BBLs7,821 MCFJan 2024
Vacuum Glorieta East UnitLea County, NM1,692 BBLs1,058 MCFJan 2024

Companies in the Area

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

Company Name
Bta Oil Producers
Bta Oil Producers, LLC
Chesapeake Operating, Inc.
Cofer & Co LLC
COG Operating LLC
ConocoPhillips Company
Contango Resources LLC
Devon Energy Production Co
Devon Energy Production Company LP
Harvey E Yates Company
Kevin O Butler & Assoc Inc
Mack Energy Corporation
Marbob Energy Corp
Maverick Permian LLC
Occidental Permian LTD.
Penroc Oil Corp.
Phillips Petroleum Company
TMBR/Sharp Drilling, Inc.
V-F Petroleum Inc.
Vernon E. Faulconer, Inc.