Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jun 2026 |
| Total Oil Production | 38,729 BBLs |
| Total Gas Production | 247,314 MCF |
| Recent Oil Production | 35 BBLs in Jun 2026 |
| Recent Gas Production | 113 MCF in Jun 2026 |
| Wells on Property | 9 |
Our Valuation Estimates for State
ShaleAssessment™
$2,733 *
MarketMultiple™
$3,747 **
* 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 | 382 BBLs | 1,205 MCF | Jun 2026 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 101 BBLs | 784 MCF | Jun 2026 |
| Beams 15 State | Lea County, NM | 183 BBLs | 555 MCF | Jun 2026 |
| Caprock Yeso Area Cya C | Lea County, NM | 654 BBLs | 712 MCF | Jun 2026 |
| Danjer 22 10 State Com | Lea County, NM | 5,612 BBLs | 12,719 MCF | Jun 2026 |
| DR Pi Unit 112H | Lea County, NM | 1,314 BBLs | 73,835 MCF | Jun 2026 |
| Leamex | Lea County, NM | 1,206 BBLs | 232 MCF | Jun 2026 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Martin 11 State | Lea County, NM | 452 BBLs | 885 MCF | Jun 2026 |
| Oakmont 11 10 State Com | Lea County, NM | 2,274 BBLs | 2,977 MCF | Jun 2026 |
| Paddy | Lea County, NM | 1,002 BBLs | 240 MCF | Jun 2026 |
| Pebble 8 7 State Com | Lea County, NM | 9,586 BBLs | 19,658 MCF | Jun 2026 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 242 BBLs | 5 MCF | Jun 2026 |
| Raider 9 State | Lea County, NM | 1,180 BBLs | 4,826 MCF | Jun 2026 |
| Sanmal Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Apr 2021 |
| Shahara State Unit | Lea County, NM | 81 BBLs | 0 MCF | Jun 2026 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Valhalla 9 8 State | Lea County, NM | 2,975 BBLs | 3,256 MCF | Jun 2026 |
These are the closest 20 companies operating near the State property.