Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 133,719 BBLs |
| Total Gas Production | 4,687,280 MCF |
| Recent Oil Production | 4 BBLs in Feb 2026 |
| Recent Gas Production | 84 MCF in Feb 2026 |
| Wells on Property | 4 |
Our Valuation Estimates for State
ShaleAssessment™
$4,399 *
MarketMultiple™
$10,439 **
* 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 | 1,603 BBLs | 5,158 MCF | Feb 2026 |
| Apollo State Com | Lea County, NM | 30,186 BBLs | 511,031 MCF | Feb 2026 |
| Atoka Bank BDJ State Com | Lea County, NM | 3,214 BBLs | 10,607 MCF | Feb 2026 |
| Bandit 29 State Com | Lea County, NM | 48,758 BBLs | 379,304 MCF | Feb 2026 |
| Bandit 32 State Com | Lea County, NM | 4,607 BBLs | 25,481 MCF | Feb 2026 |
| Bell Lake | Lea County, NM | 31,370 BBLs | 238,898 MCF | Feb 2026 |
| Bell Lake 19 18 State Com 0 | Lea County, NM | 23,606 BBLs | 318,096 MCF | Feb 2026 |
| Caravan 28 State Com | Lea County, NM | 40,215 BBLs | 723,542 MCF | Feb 2026 |
| Caravan B | Lea County, NM | 5,709 BBLs | 16,965 MCF | Feb 2026 |
| Convoy 28 State Com | Lea County, NM | 31,159 BBLs | 656,155 MCF | Feb 2026 |
| Convoy Buc State | Lea County, NM | 1,778 BBLs | 3,197 MCF | Feb 2026 |
| Copperhead 18 | Lea County, NM | 4,006 BBLs | 7,259 MCF | Feb 2026 |
| Double X 25 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Eata Fajita | Lea County, NM | 73,247 BBLs | 262,794 MCF | Feb 2026 |
| Heartthrob | Lea County, NM | 20,547 BBLs | 387,150 MCF | Feb 2026 |
| Hyperion State | Lea County, NM | 48,021 BBLs | 533,548 MCF | Feb 2026 |
| Jackson Unit | Lea County, NM | 141,049 BBLs | 1,704,294 MCF | Feb 2026 |
| Mamba 30 State | Lea County, NM | 19,550 BBLs | 76,559 MCF | Feb 2026 |
| Mamba BQN State Com | Lea County, NM | 2,842 BBLs | 5,724 MCF | Feb 2026 |
| Taipan BST State | Lea County, NM | 579 BBLs | 2,502 MCF | Feb 2026 |
These are the closest 20 companies operating near the State property.