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 - Dec 2025
Total Oil Production714,651 BBLs
Total Gas Production632,688 MCF
Recent Oil Production184 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$26,813 *

MarketMultiple™

$42,370 **

* 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 Dec 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-05230STATE T 005AMERICO ENERGY RESOURCES LLCActiveLea County, NM33.045017-103.172913
30-025-05231STATE T 006AMERICO ENERGY RESOURCES LLCActiveLea County, NM33.047321-103.172043
30-025-05232STATE T 007Scorpion Oil & Gas, LLCReclamation Fund ApprovedLea County, NM33.041920-103.172051
30-025-05233STATE T 008AMERICO ENERGY RESOURCES LLCActiveLea County, NM33.041946-103.176361
30-025-05242STATE H 001Scorpion Oil & Gas, LLCActiveLea County, NM33.047298-103.165535
30-025-05243STATE H 002Scorpion Oil & Gas, LLCPlugged (Not Released)Lea County, NM33.047573-103.165535
30-025-05244STATE A 001RESOLUTE NATURAL RESOURCES CO., LLCPluggedLea County, NM33.044670-103.177437
30-025-05245STATE A 002Ring Energy, IncPluggedLea County, NM33.045578-103.177231
30-025-40074STATE A 003ECELERO ENERGY II, LPCancelledLea County, NM33.043262-103.176702

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
300380STATE TAMERICO ENERGY RESOURCES LLCLea County, NM
306081STATE ACELERO ENERGY II, LPLea County, NM
312227STATE ARESOLUTE NATURAL RESOURCES CO., LLCLea County, NM
325710STATE ARing Energy, IncLea County, NM
325711STATE HRing Energy, IncLea County, NM
334727STATE HScorpion Oil & Gas, LLCLea County, NM
334728STATE TScorpion Oil & Gas, LLCLea 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
ArgoLea County, NM0 BBLs0 MCFDec 1997
B C DickinsonLea County, NM0 BBLs0 MCFAug 2024
Bierstadt 12 FeeLea County, NM342 BBLs131 MCFDec 2025
BuckleyLea County, NM0 BBLs0 MCFAug 2024
DentonLea County, NM7,269 BBLs8,546 MCFDec 2025
Denton North Wolfcamp UnitLea County, NM4,427 BBLs1,167 MCFDec 2025
DMT 7 FeeLea County, NM360 BBLs0 MCFDec 2025
Huron 13 FeeLea County, NM318 BBLs170 MCFDec 2025
J M DentonLea County, NM3,326 BBLs3,614 MCFDec 2025
L R ChamberlinLea County, NM0 BBLs0 MCFAug 2025
Lea G StateLea County, NM0 BBLs0 MCFAug 2025
Lee WhitmanLea County, NM0 BBLs0 MCFAug 2024
McClureLea County, NM0 BBLs0 MCFMar 2010
Mexico FLea County, NM0 BBLs0 MCFJul 2016
Pat H McClureLea County, NM1,339 BBLs1,390 MCFJan 2026
PriestLea County, NM0 BBLs0 MCFAug 2024
PyramidLea County, NM328 BBLs53 MCFDec 2025
SheltonLea County, NM0 BBLs0 MCFMay 2008
State T DevonianLea County, NM0 BBLs0 MCFAug 2013
T D PopeLea County, NM0 BBLs0 MCFAug 2024

Companies in the Area

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

Company Name
Americo Energy Resources, LLC
Celero Energy II, LP
Collins & Ware, Inc.
Contango Resources LLC
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
Fasken Oil And Ranch, LTD.
Legacy Reserves Operating LP
Paladin Energy Corp.
Phillips Petroleum Company
Polaris Production Corp.
Resolute Natural Resources Co., LLC
Ring Energy, Inc.
Saber Resources, LLC
Scorpion Oil & Gas, LLC
Stanolind Permian LLC
Stephens & Johnson Op Co
Texaco Exploration & Prod Inc
Texian Operating Company, LLC
V-F Petroleum Inc.