Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Sep 2025 |
| Total Oil Production | 133,707 BBLs |
| Total Gas Production | 4,687,089 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 4 |
Our Valuation Estimates for State
ShaleAssessment™
$4,694 *
MarketMultiple™
$20,513 **
* 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 | 2,051 BBLs | 4,841 MCF | Nov 2025 |
| Apollo State Com | Lea County, NM | 37,315 BBLs | 578,987 MCF | Nov 2025 |
| Atoka Bank BDJ State Com | Lea County, NM | 2,551 BBLs | 9,514 MCF | Nov 2025 |
| Bandit 29 State Com | Lea County, NM | 54,730 BBLs | 358,048 MCF | Nov 2025 |
| Bandit 32 State Com | Lea County, NM | 3,990 BBLs | 24,437 MCF | Nov 2025 |
| Bell Lake | Lea County, NM | 31,356 BBLs | 264,499 MCF | Nov 2025 |
| Bell Lake 19 18 State Com 0 | Lea County, NM | 26,069 BBLs | 335,211 MCF | Nov 2025 |
| Caravan 28 State Com | Lea County, NM | 35,475 BBLs | 516,922 MCF | Nov 2025 |
| Caravan B | Lea County, NM | 4,973 BBLs | 14,541 MCF | Nov 2025 |
| Convoy 28 State Com | Lea County, NM | 26,506 BBLs | 404,389 MCF | Nov 2025 |
| Convoy Buc State | Lea County, NM | 1,035 BBLs | 551 MCF | Nov 2025 |
| Copperhead 18 | Lea County, NM | 5,163 BBLs | 8,274 MCF | Nov 2025 |
| Double X 25 Federal | Lea County, NM | 378 BBLs | 1,810 MCF | Nov 2025 |
| Eata Fajita | Lea County, NM | 95,764 BBLs | 354,701 MCF | Nov 2025 |
| Heartthrob | Lea County, NM | 20,922 BBLs | 345,438 MCF | Nov 2025 |
| Hyperion State | Lea County, NM | 61,909 BBLs | 765,381 MCF | Nov 2025 |
| Jackson Unit | Lea County, NM | 177,946 BBLs | 1,750,054 MCF | Nov 2025 |
| Mamba 30 State | Lea County, NM | 16,931 BBLs | 76,249 MCF | Nov 2025 |
| Mamba BQN State Com | Lea County, NM | 1,807 BBLs | 5,838 MCF | Nov 2025 |
| Taipan BST State | Lea County, NM | 280 BBLs | 757 MCF | Nov 2025 |
These are the closest 20 companies operating near the State property.