State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Nov 2021
Total Oil Production37,039 BBLs
Total Gas Production240,579 MCF
Recent Oil Production24 BBLs in Oct 2021
Recent Gas Production322 MCF in Oct 2021
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment

$6,387 *

MarketMultiple

$10,190 **

* 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 Nov 2021

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 INCPlugged, Site ReleasedLea County, NM32.854515-103.726448
30-025-01327STATE C 001LYNX PETROLEUM CONSULTANTS INCPlugged, Site ReleasedLea County, NM32.850964-103.683319
30-025-01456STATE 18 002MURPHY H BAXTERPlugged, Site ReleasedLea County, NM32.836399-103.696152
30-025-01459STATE 18 B 005MURPHY H BAXTERPlugged, Site ReleasedLea County, NM32.829380-103.700424
30-025-01976STATE X 001MAMMOTH EXPLORATION, LLCActiveLea County, NM32.853912-103.592667
30-025-01977STATE X 002MAMMOTH EXPLORATION, LLCActiveLea County, NM32.852100-103.592659
30-025-01978STATE X 003MAMMOTH EXPLORATION, LLCActiveLea County, NM32.851196-103.598030
30-025-25502STATE 003DEVON ENERGY PRODUCTION COMPANY, LPPlugged, Site ReleasedLea County, NM32.817616-103.649941
30-025-30354STATE 9 001ROVER OPERATING, LLCActiveLea County, NM32.850102-103.666130

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
17306STATE 18MURPHY H BAXTERLea County, NM
17307STATE 18 BMURPHY H BAXTERLea County, NM
317844STATE 9ROVER OPERATING, LLCLea County, NM
321549STATE XMAMMOTH EXPLORATION, LLCLea County, NM
6001STATE CLYNX PETROLEUM CONSULTANTS INCLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Abenaki 10 StateLea County, NM915 BBLs2,491 MCFNov 2021
Aztec StateLea County, NM0 BBLs0 MCFDec 2013
BarracudaLea County, NM362 BBLs1,162 MCFNov 2021
Beams 15 StateLea County, NM387 BBLs964 MCFNov 2021
Cameron 22 StateLea County, NM297 BBLs447 MCFNov 2021
Caprock Maljamar UnitLea County, NM2,493 BBLs802 MCFOct 2021
LeamexLea County, NM904 BBLs2,128 MCFNov 2021
MalmarLea County, NM207 BBLs0 MCFNov 2021
Martin 11 StateLea County, NM574 BBLs1,358 MCFNov 2021
Mobil StateLea County, NM102 BBLs0 MCFOct 2021
PaddyLea County, NM1,548 BBLs792 MCFNov 2021
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM255 BBLs0 MCFNov 2021
PhilmexLea County, NM424 BBLs1,441 MCFNov 2021
Raider 9 StateLea County, NM2,089 BBLs6,902 MCFNov 2021
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shahara State UnitLea County, NM306 BBLs15 MCFNov 2021
Shell StateLea County, NM0 BBLs0 MCFNov 2020
StateLea County, NM0 BBLs0 MCFJul 2019
Union StateLea County, NM124 BBLs1,905 MCFNov 2021