State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Feb 2024
Total Oil Production132,455 BBLs
Total Gas Production4,621,287 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$5,964 *

MarketMultiple

$10,202 **

* 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
30-025-26158STATE 29 J 001EOG RESOURCES INCPlugged, Site ReleasedLea 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, LPPlugged, Site ReleasedLea County, NM32.205322-103.609901
30-025-34148STATE 30 001COBRA OIL & GAS CORPORATIONPlugged, Site ReleasedLea County, NM32.194107-103.609306

Leases included in State

Lease #Lease NameOperatorCounty
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, NM2,100 BBLs4,975 MCFJan 2024
Apollo State ComLea County, NM60,081 BBLs553,170 MCFFeb 2024
Atoka Bank BDJ State ComLea County, NM3,243 BBLs4,347 MCFJan 2024
Bandit 29 State ComLea County, NM51,080 BBLs270,731 MCFJan 2024
Bandit 32 State ComLea County, NM8,973 BBLs37,321 MCFJan 2024
Bell LakeLea County, NM42,887 BBLs340,002 MCFJan 2024
Bell Lake 19 18 State Com 0Lea County, NM48,816 BBLs363,765 MCFJan 2024
Caravan 28 State ComLea County, NM19,618 BBLs62,656 MCFJan 2024
Caravan BLea County, NM9,044 BBLs12,822 MCFJan 2024
Convoy 28 State ComLea County, NM100,168 BBLs880,187 MCFJan 2024
Convoy Buc StateLea County, NM1,540 BBLs1,360 MCFJan 2024
Copperhead 18Lea County, NM6,470 BBLs8,668 MCFJan 2024
Double X 25 FederalLea County, NM397 BBLs1,440 MCFFeb 2024
Eata FajitaLea County, NM8,521 BBLs74,939 MCFFeb 2024
HeartthrobLea County, NM26,052 BBLs274,517 MCFJan 2024
Hyperion StateLea County, NM187,280 BBLs995,508 MCFFeb 2024
Jackson UnitLea County, NM368,837 BBLs3,008,231 MCFFeb 2024
Mamba 30 StateLea County, NM27,784 BBLs129,317 MCFJan 2024
Mamba BQN State ComLea County, NM1,726 BBLs4,523 MCFJan 2024
Taipan BST StateLea County, NM1,427 BBLs6,424 MCFJan 2024