Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Dec 2025 |
| Total Oil Production | 133,707 BBLs |
| Total Gas Production | 4,687,206 MCF |
| Recent Oil Production | 0 BBLs in Dec 2025 |
| Recent Gas Production | 108 MCF in Dec 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for State
ShaleAssessment™
$4,499 *
MarketMultiple™
$13,715 **
* 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 |
|---|---|---|---|---|
| Adder Bse State | Lea County, NM | 2,185 BBLs | 4,980 MCF | Dec 2025 |
| Apollo State Com | Lea County, NM | 35,923 BBLs | 534,181 MCF | Dec 2025 |
| Atoka Bank BDJ State Com | Lea County, NM | 3,592 BBLs | 11,062 MCF | Dec 2025 |
| Bandit 29 State Com | Lea County, NM | 53,112 BBLs | 336,917 MCF | Dec 2025 |
| Bandit 32 State Com | Lea County, NM | 5,042 BBLs | 25,152 MCF | Dec 2025 |
| Bell Lake | Lea County, NM | 35,207 BBLs | 230,135 MCF | Dec 2025 |
| Bell Lake 19 18 State Com 0 | Lea County, NM | 30,872 BBLs | 381,369 MCF | Dec 2025 |
| Caravan 28 State Com | Lea County, NM | 38,919 BBLs | 610,027 MCF | Dec 2025 |
| Caravan B | Lea County, NM | 6,779 BBLs | 17,951 MCF | Dec 2025 |
| Convoy 28 State Com | Lea County, NM | 29,724 BBLs | 556,816 MCF | Dec 2025 |
| Convoy Buc State | Lea County, NM | 1,471 BBLs | 1,272 MCF | Dec 2025 |
| Copperhead 18 | Lea County, NM | 5,104 BBLs | 10,161 MCF | Dec 2025 |
| Double X 25 Federal | Lea County, NM | 436 BBLs | 2,009 MCF | Dec 2025 |
| Eata Fajita | Lea County, NM | 91,321 BBLs | 353,672 MCF | Dec 2025 |
| Heartthrob | Lea County, NM | 21,907 BBLs | 359,039 MCF | Dec 2025 |
| Hyperion State | Lea County, NM | 59,706 BBLs | 647,164 MCF | Dec 2025 |
| Jackson Unit | Lea County, NM | 178,709 BBLs | 1,820,591 MCF | Dec 2025 |
| Mamba 30 State | Lea County, NM | 20,134 BBLs | 90,083 MCF | Dec 2025 |
| Mamba BQN State Com | Lea County, NM | 2,486 BBLs | 6,478 MCF | Dec 2025 |
| Taipan BST State | Lea County, NM | 239 BBLs | 737 MCF | Dec 2025 |
These are the closest 20 companies operating near the State property.