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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Feb 2024
Total Oil Production607,274 BBLs
Total Gas Production6,491,851 MCF
Recent Oil Production833 BBLs in Jan 2024
Recent Gas Production10,910 MCF in Jan 2024
Wells on Property30

Our Valuation Estimates for State

ShaleAssessment™

$44,479 *

MarketMultiple™

$112,021 **

* 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 Feb 2024

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
30-025-07434STATE B 005Contango Resources, LLCActiveLea County, NM32.720253-103.168472
30-025-07435STATE B 006Contango Resources, LLCActiveLea County, NM32.720253-103.172806
30-025-07442STATE 1 29 001CHEVRON U S A INCPlugged, Site ReleasedLea County, NM32.713875-103.165245
30-025-07443STATE 1 29 002CHEVRON U S A INCPlugged, Site ReleasedLea County, NM32.713875-103.167397
30-025-07517STATE A 003HESS CORPORATIONPlugged, Site ReleasedLea County, NM32.709343-103.168793
30-025-07561STATE A 3 027OCCIDENTAL PERMIAN LTDPlugged, Site ReleasedLea County, NM32.698280-103.147278
30-025-07562STATE G 003BP AMERICA PRODUCTION COMPANYPlugged, Site ReleasedLea County, NM32.704876-103.154511
30-025-07563STATE G 004BP AMERICA PRODUCTION COMPANYPlugged, Site ReleasedLea County, NM32.704804-103.158798
30-025-22934STATE A 29 007TEXLAND PETROLEUM-HOBBS, LLCActiveLea County, NM32.712975-103.173218
30-025-23048STATE A 29 008TEXLAND PETROLEUM-HOBBS, LLCPlugged, Site ReleasedLea County, NM32.717068-103.173386
30-025-23076STATE A 004APACHE CORPORATIONPlugged, Site ReleasedLea County, NM32.709343-103.168945
30-025-23116STATE A 005Contango Resources, LLCPlugged, Site ReleasedLea County, NM32.709339-103.164169
30-025-23173STATE 1-29 005TEXLAND PETROLEUM-HOBBS, LLCPlugged, Site ReleasedLea County, NM32.712063-103.169235
30-025-23195STATE A 33 012Extex Operating CompanyActiveLea County, NM32.702587-103.159981
30-025-23252STATE 1-29 006TEXLAND PETROLEUM-HOBBS, LLCPlugged, Site ReleasedLea County, NM32.712059-103.164177
30-025-23416STATE A 041BP AMERICA PRODUCTION COMPANYPlugged, Site ReleasedLea County, NM32.677555-103.150223
30-025-26368STATE HF COM 001OCCIDENTAL PERMIAN LTDApproved Temporary AbandonmentLea County, NM32.698280-103.146790
30-025-26980STATE A (AMOCO) 038OCCIDENTAL PERMIAN LTDPlugged, Not ReleasedLea County, NM32.687260-103.150459
30-025-28577STATE B 001Contango Resources, LLCPlugged, Site ReleasedLea County, NM32.705715-103.099640
30-025-35304STATE A 006Contango Resources, LLCActiveLea County, NM32.708435-103.167931
30-025-35671STATE A 009TEXLAND PETROLEUM-HOBBS, LLCCancelled ApdLea County, NM32.710536-103.162516
30-025-35672STATE 1-29 007TEXLAND PETROLEUM-HOBBS, LLCActiveLea County, NM32.711540-103.165932
30-025-35673STATE 1-29 009TEXLAND PETROLEUM-HOBBS, LLCActiveLea County, NM32.714123-103.166260
30-025-35674STATE A 29 010TEXLAND PETROLEUM-HOBBS, LLCActiveLea County, NM32.711460-103.174393
30-025-35726STATE A 008TEXLAND PETROLEUM-HOBBS, LLCPlugged, Site ReleasedLea County, NM32.707718-103.166084
30-025-35820STATE A 007Contango Resources, LLCActiveLea County, NM32.709065-103.163651
30-025-37293STATE A 011OXY USA WTP LIMITED PARTNERSHIPPlugged, Site ReleasedLea County, NM32.715252-103.166992
30-025-37349STATE A 011YOXY USA WTP LIMITED PARTNERSHIPPlugged, Not ReleasedLea County, NM32.715233-103.166992
30-025-37577STATE G 33 001OCCIDENTAL PERMIAN LTDApproved Temporary AbandonmentLea County, NM32.706535-103.159874
30-025-38572STATE HF COM 002TEXLAND PETROLEUM-HOBBS, LLCActiveLea County, NM32.701817-103.147919

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
1104STATE ABP AMERICA PRODUCTION COMPANYLea County, NM
1121STATE GBP AMERICA PRODUCTION COMPANYLea County, NM
173STATE AHESS CORPORATIONLea County, NM
19551STATE A 3OCCIDENTAL PERMIAN LTDLea County, NM
19554STATE HF COMOCCIDENTAL PERMIAN LTDLea County, NM
19592STATE A (AMOCO)OCCIDENTAL PERMIAN LTDLea County, NM
25696STATE 1-29TEXLAND PETROLEUM-HOBBS, LLCLea County, NM
26481STATE AAPACHE CORPORATIONLea County, NM
27060STATE A 29TEXLAND PETROLEUM-HOBBS, LLCLea County, NM
2725STATE 1 29CHEVRON U S A INCLea County, NM
28761STATE ATEXLAND PETROLEUM-HOBBS, LLCLea County, NM
305157STATE AGrizzly Operating, LLCLea County, NM
305158STATE BGrizzly Operating, LLCLea County, NM
330143STATE AContango Resources, LLCLea County, NM
330144STATE BContango Resources, LLCLea County, NM
330427STATE G 33OCCIDENTAL PERMIAN LTDLea County, NM
330603STATE A 33Extex Operating CompanyLea County, NM
34855STATE AOXY USA WTP LIMITED PARTNERSHIPLea County, NM
36646STATE HF COMTEXLAND PETROLEUM-HOBBS, 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
Bowers A FederalLea County, NM1,560 BBLs255 MCFFeb 2024
BP AmericaLea County, NM270 BBLs721 MCFJan 2024
CainLea County, NM0 BBLs0 MCFAug 2023
Carrie O DavisLea County, NM231 BBLs0 MCFFeb 2024
Conoco StateLea County, NM0 BBLs0 MCFApr 2018
East Hobbs San Andres UnitLea County, NM0 BBLs0 MCFAug 2023
FosterLea County, NM0 BBLs0 MCFFeb 2017
H D McKinleyLea County, NM0 BBLs0 MCFOct 2009
HardinLea County, NM0 BBLs0 MCFDec 2001
HerraduraLea County, NM0 BBLs0 MCFJun 2017
HobbsLea County, NM0 BBLs0 MCFAug 2019
Mexico ULea County, NM0 BBLs0 MCFMar 2015
North HobbsLea County, NM280,019 BBLs919,596 MCFFeb 2024
RiceLea County, NM0 BBLs0 MCFDec 2001
SelmanLea County, NM0 BBLs0 MCFDec 2023
South Hobbs G/Sa UnitLea County, NM133,357 BBLs2,690 MCFFeb 2024
State Land Section 3Lea County, NM0 BBLs0 MCFMar 2020
TerryLea County, NM55 BBLs288 MCFJan 2024
W D GrimesLea County, NM1,071 BBLs3,240 MCFFeb 2024
WilliamsLea County, NM0 BBLs0 MCFAug 2023

Companies in the Area

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

Company Name
BC & D Operating Inc.
BP America Production Company
Chevron USA Inc
Chi Operating, Inc.
ConocoPhillips Company
Exxon Mobil Corporation
Hess Corporation
HRC Inc
Latigo Petroleum, Inc.
Mesquite SWD Inc
Occidental Permian LTD.
Oxy USA Inc
Petroleum Exploration Company LTD., Limited P
Sabre Op Inc
Saga Petroleum Limited Liability Co.
Sahara Operating Company
Shell Western E&P Inc.
Texaco Expl. And Prod. Inc.
Texland Petroleum-Hobbs, L.L.C.
Xeric Oil & Gas Corporation