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 - Jan 2026
Total Oil Production38,502 BBLs
Total Gas Production247,072 MCF
Recent Oil Production20 BBLs in Jan 2026
Recent Gas Production0 MCF in Jan 2026
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$2,943 *

MarketMultiple™

$1,720 **

* 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 Jan 2026

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 002Ad Astra Resources LLCActiveLea County, NM32.852100-103.592659
30-025-01978STATE X 003Ad Astra Resources LLCActiveLea 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
338847STATE XAd Astra Resources LLCLea 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, NM404 BBLs1,184 MCFJan 2026
Aztec StateLea County, NM0 BBLs0 MCFDec 2013
BarracudaLea County, NM253 BBLs932 MCFJan 2026
Beams 15 StateLea County, NM324 BBLs754 MCFJan 2026
Caprock Yeso Area Cya CLea County, NM810 BBLs815 MCFJan 2026
Danjer 22 10 State ComLea County, NM6,774 BBLs11,462 MCFJan 2026
DR Pi Unit 112HLea County, NM3,212 BBLs113,821 MCFJan 2026
LeamexLea County, NM960 BBLs582 MCFJan 2026
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
Martin 11 StateLea County, NM484 BBLs839 MCFJan 2026
Oakmont 11 10 State ComLea County, NM3,214 BBLs3,735 MCFJan 2026
PaddyLea County, NM962 BBLs872 MCFJan 2026
Pebble 8 7 State ComLea County, NM13,400 BBLs23,706 MCFJan 2026
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM59 BBLs41 MCFJan 2026
Raider 9 StateLea County, NM1,194 BBLs4,893 MCFJan 2026
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shahara State UnitLea County, NM0 BBLs0 MCFDec 2025
Shell StateLea County, NM0 BBLs0 MCFApr 2022
Valhalla 9 8 StateLea County, NM4,074 BBLs4,605 MCFJan 2026

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 And Production LLC
Phillips Petroleum Company
Rover Operating, LLC
Smith & Marrs Inc.
Spur Energy Partners LLC