State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Feb 2025
Total Oil Production133,277 BBLs
Total Gas Production4,666,650 MCF
Recent Oil Production55 BBLs in Feb 2025
Recent Gas Production3,294 MCF in Feb 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment

$5,122 *

MarketMultiple

$19,252 **

* 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 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

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adder Bse StateLea County, NM278 BBLs59 MCFFeb 2025
Apollo State ComLea County, NM45,081 BBLs672,275 MCFFeb 2025
Atoka Bank BDJ State ComLea County, NM3,700 BBLs7,048 MCFFeb 2025
Bandit 29 State ComLea County, NM33,017 BBLs207,190 MCFFeb 2025
Bandit 32 State ComLea County, NM5,006 BBLs20,342 MCFFeb 2025
Bell LakeLea County, NM31,856 BBLs230,013 MCFFeb 2025
Bell Lake 19 18 State Com 0Lea County, NM30,136 BBLs366,230 MCFFeb 2025
Caravan 28 State ComLea County, NM54,999 BBLs597,508 MCFFeb 2025
Caravan BLea County, NM7,262 BBLs16,770 MCFFeb 2025
Convoy 28 State ComLea County, NM36,640 BBLs787,732 MCFFeb 2025
Convoy Buc StateLea County, NM1,952 BBLs3,180 MCFFeb 2025
Copperhead 18Lea County, NM4,085 BBLs4,218 MCFFeb 2025
Double X 25 FederalLea County, NM338 BBLs1,533 MCFFeb 2025
Eata FajitaLea County, NM9,655 BBLs120,831 MCFFeb 2025
HeartthrobLea County, NM25,870 BBLs458,425 MCFFeb 2025
Hyperion StateLea County, NM75,593 BBLs712,160 MCFFeb 2025
Jackson UnitLea County, NM195,486 BBLs2,246,353 MCFFeb 2025
Mamba 30 StateLea County, NM19,061 BBLs104,849 MCFFeb 2025
Mamba BQN State ComLea County, NM995 BBLs3,145 MCFFeb 2025
Taipan BST StateLea County, NM737 BBLs1,733 MCFFeb 2025