State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production133,348 BBLs
Total Gas Production4,670,071 MCF
Recent Oil Production71 BBLs in Mar 2025
Recent Gas Production3,421 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$5,063 *

MarketMultiple

$21,146 **

* 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 Mar 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,

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, NM554 BBLs1,184 MCFMar 2025
Apollo State ComLea County, NM0 BBLs0 MCFFeb 2025
Atoka Bank BDJ State ComLea County, NM4,101 BBLs9,537 MCFMar 2025
Bandit 29 State ComLea County, NM109,924 BBLs349,242 MCFMar 2025
Bandit 32 State ComLea County, NM7,675 BBLs26,377 MCFMar 2025
Bell LakeLea County, NM52,083 BBLs366,004 MCFMar 2025
Bell Lake 19 18 State Com 0Lea County, NM32,356 BBLs413,083 MCFMar 2025
Caravan 28 State ComLea County, NM64,092 BBLs714,648 MCFMar 2025
Caravan BLea County, NM8,911 BBLs20,486 MCFMar 2025
Convoy 28 State ComLea County, NM36,629 BBLs619,576 MCFMar 2025
Convoy Buc StateLea County, NM2,261 BBLs4,240 MCFMar 2025
Copperhead 18Lea County, NM5,603 BBLs7,591 MCFMar 2025
Double X 25 FederalLea County, NM287 BBLs1,683 MCFMar 2025
Eata FajitaLea County, NM10,647 BBLs139,583 MCFMar 2025
HeartthrobLea County, NM24,035 BBLs360,244 MCFMar 2025
Hyperion StateLea County, NM0 BBLs0 MCFFeb 2025
Jackson UnitLea County, NM0 BBLs0 MCFFeb 2025
Mamba 30 StateLea County, NM21,735 BBLs118,361 MCFMar 2025
Mamba BQN State ComLea County, NM1,054 BBLs4,296 MCFMar 2025
Taipan BST StateLea County, NM862 BBLs1,996 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the State property.

Company Name