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 - Feb 2024
Total Oil Production38,090 BBLs
Total Gas Production246,872 MCF
Recent Oil Production52 BBLs in Jan 2024
Recent Gas Production0 MCF in Jan 2024
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

$4,208 *

MarketMultiple™

$3,317 **

* 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 Feb 2024

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 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, LPPlugged, Site ReleasedLea County, NM32.817616-103.649941
30-025-30354STATE 9 001ROVER OPERATING, LLCPlugged, Not ReleasedLea 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, NM589 BBLs1,510 MCFFeb 2024
Aztec StateLea County, NM0 BBLs0 MCFDec 2013
BarracudaLea County, NM246 BBLs851 MCFJan 2024
Beams 15 StateLea County, NM365 BBLs1,059 MCFFeb 2024
Caprock Maljamar UnitLea County, NM2,249 BBLs0 MCFJan 2024
Caprock Yeso Area Cya CLea County, NM5,133 BBLs5,624 MCFJan 2024
LeamexLea County, NM854 BBLs1,198 MCFJan 2024
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
MalmarLea County, NM355 BBLs0 MCFJan 2024
Martin 11 StateLea County, NM799 BBLs1,229 MCFFeb 2024
Mobil StateLea County, NM6 BBLs5 MCFJan 2024
Oakmont 11 10 State ComLea County, NM14,217 BBLs14,108 MCFJan 2024
PaddyLea County, NM1,138 BBLs489 MCFFeb 2024
Petrus DLea County, NM0 BBLs0 MCFJan 2016
PhillipsLea County, NM77 BBLs145 MCFJan 2024
PhilmexLea County, NM658 BBLs720 MCFJan 2024
Raider 9 StateLea County, NM1,550 BBLs5,598 MCFFeb 2024
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Shahara State UnitLea County, NM0 BBLs0 MCFAug 2023
Shell StateLea County, NM0 BBLs0 MCFApr 2022

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
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
Wiser Oil Co