State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Jun 2025
Total Oil Production133,539 BBLs
Total Gas Production4,679,586 MCF
Recent Oil Production89 BBLs in Jun 2025
Recent Gas Production1,638 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$4,881 *

MarketMultiple

$24,305 **

* 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 Jun 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26158STATE 29 J 001EOG RESOURCES INCPluggedLea County, NM32.186817-103.592209
30-025-31036STATE 2O 001RUBICON OIL & GAS, LLCActiveLea County, NM32.204994-103.596497
30-025-33717STATE 19 001DEVON ENERGY PRODUCTION COMPANY, LPPluggedLea County, NM32.205322-103.609901
30-025-34148STATE 30 001COBRA OIL & GAS CORPORATIONPluggedLea County, NM32.194107-103.609306

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
21606STATE 30COBRA OIL & GAS CORPORATIONLea County, NM
312253STATE 19DEVON ENERGY PRODUCTION COMPANY, LPLea County, NM
320540STATE 29 JEOG RESOURCES INCLea County, NM
333231STATE 2ORUBICON OIL & GAS, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adder Bse StateLea County, NM516 BBLs1,213 MCFJun 2025
Apollo State ComLea County, NM41,230 BBLs660,301 MCFJun 2025
Atoka Bank BDJ State ComLea County, NM3,464 BBLs11,370 MCFJun 2025
Bandit 29 State ComLea County, NM59,166 BBLs249,251 MCFJun 2025
Bandit 32 State ComLea County, NM6,368 BBLs32,265 MCFJun 2025
Bell LakeLea County, NM31,657 BBLs228,756 MCFJun 2025
Bell Lake 19 18 State Com 0Lea County, NM21,270 BBLs318,166 MCFJun 2025
Caravan 28 State ComLea County, NM48,590 BBLs331,456 MCFJun 2025
Caravan BLea County, NM7,868 BBLs21,372 MCFJun 2025
Convoy 28 State ComLea County, NM33,820 BBLs294,315 MCFJun 2025
Convoy Buc StateLea County, NM2,057 BBLs4,719 MCFJun 2025
Copperhead 18Lea County, NM4,280 BBLs8,073 MCFJun 2025
Double X 25 FederalLea County, NM334 BBLs1,545 MCFJun 2025
Eata FajitaLea County, NM7,669 BBLs113,313 MCFJul 2025
HeartthrobLea County, NM19,025 BBLs157,108 MCFJun 2025
Hyperion StateLea County, NM69,398 BBLs762,093 MCFJun 2025
Jackson UnitLea County, NM174,482 BBLs2,118,576 MCFJun 2025
Mamba 30 StateLea County, NM17,445 BBLs103,106 MCFJun 2025
Mamba BQN State ComLea County, NM630 BBLs2,653 MCFJun 2025
Taipan BST StateLea County, NM557 BBLs1,228 MCFJun 2025