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 - Aug 2025
Total Oil Production38,414 BBLs
Total Gas Production247,112 MCF
Recent Oil Production10 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$3,190 *

MarketMultiple™

$2,260 **

* 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 Aug 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-00526STATE O 013TEXACO EXPLORATION & PRODUCTION INCPluggedLea County, NM32.854515-103.726448
30-025-01327STATE C 001LYNX PETROLEUM CONSULTANTS INCPluggedLea County, NM32.850964-103.683319
30-025-01456STATE 18 002MURPHY H BAXTERPluggedLea County, NM32.836399-103.696152
30-025-01459STATE 18 B 005MURPHY H BAXTERPluggedLea County, NM32.829380-103.700424
30-025-01976STATE X 001WALSH & WATTS INCActiveLea County, NM32.853912-103.592667
30-025-01977STATE X 002WALSH & WATTS INCActiveLea County, NM32.852100-103.592659
30-025-01978STATE X 003WALSH & WATTS INCActiveLea County, NM32.851196-103.598030
30-025-25502STATE 003DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.817616-103.649941
30-025-30354STATE 9 001ROVER OPERATING, LLCPlugged (Not Released)Lea County, NM32.850102-103.666130

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
17306STATE 18MURPHY H BAXTERLea County, NM
17307STATE 18 BMURPHY H BAXTERLea County, NM
317844STATE 9ROVER OPERATING, LLCLea County, NM
332471STATE XWALSH & WATTS INCLea County, NM
6001STATE CLYNX PETROLEUM CONSULTANTS INCLea 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
Abenaki 10 StateLea County, NM396 BBLs1,362 MCFAug 2025
Aztec StateLea County, NM0 BBLs0 MCFDec 2013
BarracudaLea County, NM272 BBLs1,029 MCFAug 2025
Beams 15 StateLea County, NM428 BBLs770 MCFAug 2025
Cameron 22 StateLea County, NM315 BBLs408 MCFAug 2025
Caprock Yeso Area Cya CLea County, NM1,839 BBLs2,660 MCFJul 2025
Danjer 22 10 State ComLea County, NM8,542 BBLs11,260 MCFJul 2025
LeamexLea County, NM1,278 BBLs1,470 MCFJul 2025
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Martin 11 StateLea County, NM498 BBLs935 MCFAug 2025
Oakmont 11 10 State ComLea County, NM3,287 BBLs4,180 MCFAug 2025
PaddyLea County, NM995 BBLs749 MCFAug 2025
Pebble 8 7 State ComLea County, NM19,244 BBLs32,829 MCFAug 2025
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM483 BBLs280 MCFJul 2025
Raider 9 StateLea County, NM1,298 BBLs5,338 MCFAug 2025
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shahara State UnitLea County, NM75 BBLs0 MCFJul 2025
Shell StateLea County, NM0 BBLs0 MCFApr 2022
Valhalla 9 8 StateLea County, NM5,281 BBLs6,143 MCFAug 2025

Companies in the Area

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

Company Name
Aroc (Texas) Inc
CML Exploration, LLC
COG Operating LLC
ConocoPhillips Company
Energyquest II, LLC
Flint Oak Energy, LLC
HK Energy Operating, LLC
J & J Investments, LLC
Latigo Petroleum, Inc.
Mack Energy Corporation
Manzano LLC
Marathon Oil Company
Maverick Permian LLC
Oxy USA Inc
Patterson Petroleum LLC
Pennzenergy Exploration & Production LLC
Phillips Petroleum Company
Rover Operating, LLC
Smith & Marrs Inc.
Spur Energy Partners LLC