Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Mar 2026 |
| Total Oil Production | 133,723 BBLs |
| Total Gas Production | 4,687,319 MCF |
| Recent Oil Production | 4 BBLs in Mar 2026 |
| Recent Gas Production | 56 MCF in Mar 2026 |
| Wells on Property | 4 |
Our Valuation Estimates for State
ShaleAssessment™
$4,348 *
MarketMultiple™
$6,412 **
* 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 | 71 BBLs | 11 MCF | Mar 2026 |
| Apollo State Com | Lea County, NM | 31,861 BBLs | 468,242 MCF | Apr 2026 |
| Atoka Bank BDJ State Com | Lea County, NM | 2,941 BBLs | 11,664 MCF | Mar 2026 |
| Bandit 29 State Com | Lea County, NM | 43,119 BBLs | 275,727 MCF | Mar 2026 |
| Bandit 32 State Com | Lea County, NM | 4,836 BBLs | 30,607 MCF | Mar 2026 |
| Bell Lake | Lea County, NM | 34,661 BBLs | 275,515 MCF | Mar 2026 |
| Bell Lake 19 18 State Com 0 | Lea County, NM | 28,577 BBLs | 339,630 MCF | Mar 2026 |
| Caravan 28 State Com | Lea County, NM | 37,993 BBLs | 275,928 MCF | Mar 2026 |
| Caravan B | Lea County, NM | 6,207 BBLs | 19,934 MCF | Mar 2026 |
| Convoy 28 State Com | Lea County, NM | 27,269 BBLs | 292,872 MCF | Mar 2026 |
| Convoy Buc State | Lea County, NM | 1,944 BBLs | 3,449 MCF | Mar 2026 |
| Copperhead 18 | Lea County, NM | 6,186 BBLs | 12,690 MCF | Mar 2026 |
| Double X 25 Federal | Lea County, NM | 36 BBLs | 153 MCF | Mar 2026 |
| Eata Fajita | Lea County, NM | 80,855 BBLs | 295,894 MCF | Apr 2026 |
| Heartthrob | Lea County, NM | 20,767 BBLs | 234,423 MCF | Mar 2026 |
| Hyperion State | Lea County, NM | 49,280 BBLs | 493,801 MCF | Apr 2026 |
| Jackson Unit | Lea County, NM | 150,687 BBLs | 1,803,490 MCF | Apr 2026 |
| Mamba 30 State | Lea County, NM | 7,172 BBLs | 36,708 MCF | Mar 2026 |
| Mamba BQN State Com | Lea County, NM | 464 BBLs | 775 MCF | Mar 2026 |
| Taipan BST State | Lea County, NM | 85 BBLs | 13 MCF | Mar 2026 |
These are the closest 20 companies operating near the State property.