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 Production206,120 BBLs
Total Gas Production3,376,932 MCF
Recent Oil Production738 BBLs in Feb 2025
Recent Gas Production8,903 MCF in Feb 2025
Wells on Property10

Our Valuation Estimates for State

ShaleAssessment

$13,237 *

MarketMultiple

$99,120 **

* 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
30-025-10589STATE BD 36 001MACK ENERGY CORPPluggedLea County, NM32.346542-103.114510
30-025-12179STATE P COM 001J R OIL, LTD. CO.ActiveLea County, NM32.350170-103.084602
30-025-12180STATE P 002J R OIL, LTD. CO.ActiveLea County, NM32.346554-103.088875
30-025-12181STATE P 003J R OIL, LTD. CO.ActiveLea County, NM32.343834-103.087807
30-025-20594STATE B 002BURGUNDY OIL & GAS OF N M INCActiveLea County, NM32.347450-103.109161
30-025-21020STATE JJ 36 001Petroleum Exploration Company Ltd., Limited PActiveLea County, NM32.350185-103.114502
30-025-21456STATE BD 36 002CART HILL ENERGY, LLCActiveLea County, NM32.343823-103.110230
30-025-24817STATE P 004OXY USA WTP LIMITED PARTNERSHIPPluggedLea County, NM32.342926-103.088875
30-025-38840STATE 36 001APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.342857-103.120445
30-025-41500STATE BD 36 003MACK ENERGY CORPPlugged (Not Released)Lea County, NM32.347286-103.113243

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
27951STATE POXY USA WTP LIMITED PARTNERSHIPLea County, NM
310134STATE BD 36MACK ENERGY CORPLea County, NM
324907STATE JJ 36Petroleum Exploration Company Ltd., Limited PLea County, NM
330358STATE PJ R OIL, LTD. CO.Lea County, NM
330359STATE P COMJ R OIL, LTD. CO.Lea County, NM
335878STATE BD 36CART HILL ENERGY, LLCLea County, NM
336445STATE BBURGUNDY OIL & GAS OF N M INCLea County, NM
37074STATE 36APACHE CORPORATIONLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A H Blinebry Federal NCTLea County, NM705 BBLs25,474 MCFFeb 2025
AmandaLea County, NM1 BBLs1,550 MCFFeb 2025
Amoco StateLea County, NM191 BBLs7,779 MCFFeb 2025
BakerLea County, NM0 BBLs0 MCFDec 2001
DrinkardLea County, NM291 BBLs7,805 MCFFeb 2025
E E DrinkardLea County, NM11 BBLs99 MCFFeb 2025
Evelyn LineberryLea County, NM0 BBLs0 MCFOct 2012
FluorLea County, NM20 BBLs0 MCFFeb 2025
Gulf SLea County, NM0 BBLs184 MCFFeb 2025
H V PikeLea County, NM175 BBLs669 MCFFeb 2025
J L MuncyLea County, NM307 BBLs9,952 MCFFeb 2025
LineberryLea County, NM38 BBLs119 MCFFeb 2025
Max GutmanLea County, NM1,536 BBLs7,167 MCFFeb 2025
Metex Supply ALea County, NM33 BBLs212 MCFFeb 2025
Sarah BLea County, NM4 BBLs0 MCFFeb 2025
ScarboroughAndrews County, TX228 BBLs6,224 MCFFeb 2025
Shirley BoydLea County, NM68 BBLs847 MCFFeb 2025
SimsLea County, NM16 BBLs127 MCFFeb 2025
T R AndrewsLea County, NM312 BBLs5,526 MCFFeb 2025
VivianLea County, NM406 BBLs13,885 MCFFeb 2025