State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Dec 2025
Total Oil Production133,707 BBLs
Total Gas Production4,687,206 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production108 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$4,499 *

MarketMultiple

$13,715 **

* 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 Dec 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 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, NM2,185 BBLs4,980 MCFDec 2025
Apollo State ComLea County, NM35,923 BBLs534,181 MCFDec 2025
Atoka Bank BDJ State ComLea County, NM3,592 BBLs11,062 MCFDec 2025
Bandit 29 State ComLea County, NM53,112 BBLs336,917 MCFDec 2025
Bandit 32 State ComLea County, NM5,042 BBLs25,152 MCFDec 2025
Bell LakeLea County, NM35,207 BBLs230,135 MCFDec 2025
Bell Lake 19 18 State Com 0Lea County, NM30,872 BBLs381,369 MCFDec 2025
Caravan 28 State ComLea County, NM38,919 BBLs610,027 MCFDec 2025
Caravan BLea County, NM6,779 BBLs17,951 MCFDec 2025
Convoy 28 State ComLea County, NM29,724 BBLs556,816 MCFDec 2025
Convoy Buc StateLea County, NM1,471 BBLs1,272 MCFDec 2025
Copperhead 18Lea County, NM5,104 BBLs10,161 MCFDec 2025
Double X 25 FederalLea County, NM436 BBLs2,009 MCFDec 2025
Eata FajitaLea County, NM91,321 BBLs353,672 MCFDec 2025
HeartthrobLea County, NM21,907 BBLs359,039 MCFDec 2025
Hyperion StateLea County, NM59,706 BBLs647,164 MCFDec 2025
Jackson UnitLea County, NM178,709 BBLs1,820,591 MCFDec 2025
Mamba 30 StateLea County, NM20,134 BBLs90,083 MCFDec 2025
Mamba BQN State ComLea County, NM2,486 BBLs6,478 MCFDec 2025
Taipan BST StateLea County, NM239 BBLs737 MCFDec 2025