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 - Sep 2025
Total Oil Production133,707 BBLs
Total Gas Production4,687,089 MCF
Recent Oil Production57 BBLs in Sep 2025
Recent Gas Production2,272 MCF in Sep 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment™

$4,694 *

MarketMultiple™

$22,520 **

* 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 Sep 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

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adder Bse StateLea County, NM2,698 BBLs6,153 MCFOct 2025
Apollo State ComLea County, NM37,108 BBLs682,178 MCFSep 2025
Atoka Bank BDJ State ComLea County, NM1,366 BBLs12,440 MCFOct 2025
Bandit 29 State ComLea County, NM67,423 BBLs397,233 MCFOct 2025
Bandit 32 State ComLea County, NM6,028 BBLs28,372 MCFOct 2025
Bell LakeLea County, NM34,942 BBLs317,721 MCFSep 2025
Bell Lake 19 18 State Com 0Lea County, NM29,643 BBLs377,735 MCFSep 2025
Caravan 28 State ComLea County, NM50,810 BBLs666,845 MCFOct 2025
Caravan BLea County, NM6,885 BBLs21,998 MCFOct 2025
Convoy 28 State ComLea County, NM36,104 BBLs811,902 MCFOct 2025
Convoy Buc StateLea County, NM1,934 BBLs3,711 MCFOct 2025
Copperhead 18Lea County, NM6,136 BBLs9,711 MCFSep 2025
Double X 25 FederalLea County, NM104 BBLs1,173 MCFSep 2025
Eata FajitaLea County, NM126,919 BBLs394,456 MCFOct 2025
HeartthrobLea County, NM20,693 BBLs311,081 MCFOct 2025
Hyperion StateLea County, NM66,815 BBLs752,254 MCFSep 2025
Jackson UnitLea County, NM171,452 BBLs1,812,916 MCFSep 2025
Mamba 30 StateLea County, NM21,377 BBLs93,817 MCFOct 2025
Mamba BQN State ComLea County, NM1,935 BBLs3,886 MCFOct 2025
Taipan BST StateLea County, NM821 BBLs1,371 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the State property.

Company Name
Apache Corporation
Cimarex Energy Co. Of Colorado
COG Operating LLC
COG Production LLC
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
EOG Resources Inc
EOG Y Resources Inc
Finaly Resources LLC
Jonah Energy LLC
Marks And Garner Production LTD Co
Murchison Oil And Gas, LLC
Oxy USA Inc
Permian Resources Operating, LLC
Primal Energy Corporation
Ralph E Williamson
Rover Operating, LLC
Tahoe Energy, Inc.
Tap Rock Operating, LLC
Tempo Energy, Inc.