State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. State Oil & Gas Property

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Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - May 2025
Total Oil Production133,450 BBLs
Total Gas Production4,677,948 MCF
Recent Oil Production41 BBLs in May 2025
Recent Gas Production3,547 MCF in May 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment™

$4,943 *

MarketMultiple™

$22,901 **

* 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 May 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

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adder Bse StateLea County, NM954 BBLs1,844 MCFMay 2025
Apollo State ComLea County, NM111,371 BBLs706,002 MCFMay 2025
Atoka Bank BDJ State ComLea County, NM3,682 BBLs10,511 MCFMay 2025
Bandit 29 State ComLea County, NM87,166 BBLs327,157 MCFMay 2025
Bandit 32 State ComLea County, NM5,559 BBLs27,882 MCFMay 2025
Bell LakeLea County, NM33,482 BBLs305,181 MCFMay 2025
Bell Lake 19 18 State Com 0Lea County, NM29,915 BBLs402,921 MCFMay 2025
Caravan 28 State ComLea County, NM49,366 BBLs426,815 MCFMay 2025
Caravan BLea County, NM7,214 BBLs18,694 MCFMay 2025
Convoy 28 State ComLea County, NM35,317 BBLs438,453 MCFMay 2025
Convoy Buc StateLea County, NM1,849 BBLs3,061 MCFMay 2025
Copperhead 18Lea County, NM4,813 BBLs8,564 MCFMay 2025
Double X 25 FederalLea County, NM263 BBLs1,321 MCFMay 2025
Eata FajitaLea County, NM4,657 BBLs116,721 MCFMay 2025
HeartthrobLea County, NM18,872 BBLs204,613 MCFMay 2025
Hyperion StateLea County, NM78,668 BBLs889,695 MCFMay 2025
Jackson UnitLea County, NM205,179 BBLs2,337,346 MCFMay 2025
Mamba 30 StateLea County, NM22,066 BBLs118,144 MCFMay 2025
Mamba BQN State ComLea County, NM1,320 BBLs4,275 MCFMay 2025
Taipan BST StateLea County, NM978 BBLs1,956 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the State property.

Company Name
Apache Corporation
Cimarex Energy Co. Of Colorado
COG Operating LLC
COG Production LLC
Coterra Energy Operating Co.
Devon Energy Production Company LP
EOG Resources, Inc.
EOG Y Resources Inc
Finaly Resources LLC
Jonah Energy LLC
Marks And Garner Production LTD Co
Murchison Oil And Gas, LLC
Oxy USA Inc
Permian Resources Operating, LLC
Primal Energy Corporation
Ralph E Williamson
Rover Operating, LLC
Tahoe Energy, Inc.
Tap Rock Operating, LLC
Tempo Energy, Inc.