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 Production107,752 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property11

Our Valuation Estimates for State

ShaleAssessment™

$3,570 *

MarketMultiple™

Not Available

* 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 INCPluggedLea County, NM32.786736-103.435761
30-025-03035STATE VC 001SOUTHWESTERN INCPlugged (Not Released)Lea County, NM32.789477-103.404339
30-025-03036STATE G 36 001PENROC OIL CORPPluggedLea County, NM32.789368-103.417503
30-025-03954STATE VE 001PENROC OIL CORPPluggedLea County, NM32.785679-103.387596
30-025-23719STATE L 001CHESAPEAKE OPERATING, INC.PluggedLea County, NM32.824799-103.396202
30-025-23776STATE M 001CHEVRON U S A INCPluggedLea County, NM32.828472-103.390839
30-025-23852STATE L 002CHESAPEAKE OPERATING, INC.PluggedLea County, NM32.819283-103.401291
30-025-28605STATE 30 001MARK L SHIDLER INCPlugged (Not Released)Lea County, NM32.804752-103.395142
30-025-34761STATE 11 001V-F PETROLEUM INCPlugged (Not Released)Lea County, NM32.844025-103.434731
30-025-39539STATE 11 002CV-F PETROLEUM INCCancelledLea County, NM32.843968-103.426666
30-025-41969STATE 11 002V-F PETROLEUM INCPluggedLea 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 BBLs284 MCFFeb 2025
Altamont 7903 19 30Lea County, NM4 BBLs0 MCFFeb 2025
Bimini 13 StateLea County, NM0 BBLs0 MCFOct 2022
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 MCFApr 2024
Hoosier 22 StateLea County, NM0 BBLs0 MCFAug 2023
HooverLea County, NM162 BBLs348 MCFFeb 2025
Lea 946 StateLea County, NM438 BBLs1,472 MCFFeb 2025
Mustang StateLea County, NM0 BBLs0 MCFJun 2013
New MexicoLea County, NM0 BBLs0 MCFJan 2025
Penroc State BJLea County, NM0 BBLs0 MCFJul 2019
Santa FeLea County, NM526 BBLs0 MCFFeb 2025
Shoe BarLea County, NM10 BBLs0 MCFFeb 2025
South Shoebar 1Lea County, NM0 BBLs354 MCFFeb 2025
TMBR 1Lea County, NM116 BBLs207 MCFFeb 2025
TurnerLea County, NM93 BBLs17 MCFFeb 2025
Vacuum Abo UnitLea County, NM5,745 BBLs6,046 MCFFeb 2025
Vacuum Glorieta East UnitLea County, NM1,257 BBLs1,676 MCFFeb 2025

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
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
Penroc Oil Corp.
Phillips Petroleum Company
Raybaw Operating, LLC
Team Operating, L.L.C.
TMBR/Sharp Drilling, Inc.
V-F Petroleum Inc.
Vernon E. Faulconer, Inc.