Oil & Gas Property in Lea County, NM
Key data points for State
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Jul 2025 |
Total Oil Production | 38,405 BBLs |
Total Gas Production | 247,112 MCF |
Recent Oil Production | 18 BBLs in Jun 2025 |
Recent Gas Production | 0 MCF in Jun 2025 |
Wells on Property | 9 |
Our Valuation Estimates for State
ShaleAssessment™
$3,241 *
MarketMultiple™
$2,276 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the State property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Abenaki 10 State | Lea County, NM | 320 BBLs | 1,258 MCF | Jul 2025 |
Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
Barracuda | Lea County, NM | 249 BBLs | 1,006 MCF | Jun 2025 |
Beams 15 State | Lea County, NM | 415 BBLs | 720 MCF | Jul 2025 |
Caprock Yeso Area Cya C | Lea County, NM | 1,548 BBLs | 3,804 MCF | Jun 2025 |
Danjer 22 10 State Com | Lea County, NM | 2,123 BBLs | 3,723 MCF | Jun 2025 |
DR Pi Unit 112H | Lea County, NM | 4,972 BBLs | 85,943 MCF | Jun 2025 |
Leamex | Lea County, NM | 1,350 BBLs | 2,204 MCF | Jun 2025 |
Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
Martin 11 State | Lea County, NM | 481 BBLs | 760 MCF | Jul 2025 |
Oakmont 11 10 State Com | Lea County, NM | 2,960 BBLs | 4,039 MCF | Jun 2025 |
Paddy | Lea County, NM | 1,018 BBLs | 320 MCF | Jul 2025 |
Pebble 8 7 State Com | Lea County, NM | 17,847 BBLs | 31,368 MCF | Jun 2025 |
Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
Phillips | Lea County, NM | 389 BBLs | 757 MCF | Jun 2025 |
Raider 9 State | Lea County, NM | 1,316 BBLs | 5,134 MCF | Jul 2025 |
Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
Shahara State Unit | Lea County, NM | 182 BBLs | 0 MCF | Jun 2025 |
Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
Valhalla 9 8 State | Lea County, NM | 5,261 BBLs | 5,888 MCF | Jun 2025 |
These are the closest 20 companies operating near the State property.