Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jul 2025 |
| Total Oil Production | 133,582 BBLs |
| Total Gas Production | 4,682,092 MCF |
| Recent Oil Production | 43 BBLs in Jul 2025 |
| Recent Gas Production | 2,506 MCF in Jul 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for State
ShaleAssessment™
$4,820 *
MarketMultiple™
$23,853 **
* 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 | 291 BBLs | 1,040 MCF | Jul 2025 |
| Apollo State Com | Lea County, NM | 41,460 BBLs | 689,665 MCF | Aug 2025 |
| Atoka Bank BDJ State Com | Lea County, NM | 3,636 BBLs | 11,715 MCF | Jul 2025 |
| Bandit 29 State Com | Lea County, NM | 45,681 BBLs | 309,572 MCF | Jul 2025 |
| Bandit 32 State Com | Lea County, NM | 5,715 BBLs | 26,109 MCF | Jul 2025 |
| Bell Lake | Lea County, NM | 41,851 BBLs | 324,171 MCF | Aug 2025 |
| Bell Lake 19 18 State Com 0 | Lea County, NM | 27,983 BBLs | 363,506 MCF | Aug 2025 |
| Caravan 28 State Com | Lea County, NM | 58,364 BBLs | 741,056 MCF | Jul 2025 |
| Caravan B | Lea County, NM | 7,341 BBLs | 20,623 MCF | Jul 2025 |
| Convoy 28 State Com | Lea County, NM | 41,252 BBLs | 728,421 MCF | Jul 2025 |
| Convoy Buc State | Lea County, NM | 2,137 BBLs | 4,558 MCF | Jul 2025 |
| Copperhead 18 | Lea County, NM | 4,199 BBLs | 8,744 MCF | Jul 2025 |
| Double X 25 Federal | Lea County, NM | 326 BBLs | 1,657 MCF | Jul 2025 |
| Eata Fajita | Lea County, NM | 24,598 BBLs | 162,044 MCF | Aug 2025 |
| Heartthrob | Lea County, NM | 22,578 BBLs | 362,328 MCF | Jul 2025 |
| Hyperion State | Lea County, NM | 65,037 BBLs | 697,974 MCF | Aug 2025 |
| Jackson Unit | Lea County, NM | 183,700 BBLs | 2,111,228 MCF | Aug 2025 |
| Mamba 30 State | Lea County, NM | 17,788 BBLs | 94,878 MCF | Jul 2025 |
| Mamba BQN State Com | Lea County, NM | 617 BBLs | 684 MCF | Jul 2025 |
| Taipan BST State | Lea County, NM | 456 BBLs | 750 MCF | Jul 2025 |
These are the closest 20 companies operating near the State property.