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 - Dec 2025
Total Oil Production212,533 BBLs
Total Gas Production3,473,639 MCF
Recent Oil Production573 BBLs in Dec 2025
Recent Gas Production7,641 MCF in Dec 2025
Wells on Property10

Our Valuation Estimates for State

ShaleAssessment™

$11,433 *

MarketMultiple™

$105,468 **

* 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 Dec 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., LimitedActiveLea 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 001HILCORP ENERGY COMPANYPlugged (Not Released)Lea County, NM32.342857-103.120445
30-025-41500STATE BD 36 003CART HILL ENERGY, LLCPlugged (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., LimitedLea 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
337607STATE 36HILCORP ENERGY COMPANYLea County, NM
37074STATE 36APACHE CORPORATIONLea 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
A H Blinebry Federal NCTLea County, NM1,357 BBLs26,194 MCFDec 2025
AmandaLea County, NM0 BBLs1,124 MCFDec 2025
Amoco StateLea County, NM252 BBLs8,870 MCFDec 2025
BakerLea County, NM0 BBLs0 MCFDec 2001
DrinkardLea County, NM42 BBLs7,890 MCFDec 2025
E E DrinkardLea County, NM0 BBLs55 MCFDec 2025
EllaLea County, NM149 BBLs2,291 MCFDec 2025
Evelyn LineberryLea County, NM0 BBLs0 MCFOct 2012
FluorLea County, NM18 BBLs0 MCFDec 2025
Gulf SLea County, NM0 BBLs76 MCFDec 2025
H V PikeLea County, NM99 BBLs643 MCFDec 2025
J L MuncyLea County, NM528 BBLs10,883 MCFDec 2025
LineberryLea County, NM6 BBLs0 MCFDec 2025
Max GutmanLea County, NM0 BBLs0 MCFAug 2025
Metex Supply ALea County, NM0 BBLs0 MCFAug 2025
Sarah BLea County, NM4 BBLs0 MCFDec 2025
ScarboroughAndrews County, TX273 BBLs7,841 MCFDec 2025
SimsLea County, NM19 BBLs70 MCFDec 2025
T R AndrewsLea County, NM510 BBLs7,825 MCFDec 2025
VivianLea County, NM453 BBLs13,554 MCFDec 2025

Companies in the Area

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

Company Name
Anadarko Petroleum Corporation
Apache Corporation
Cameron Oil & Gas Inc
Chevron USA Inc
ConocoPhillips Company
Crescent Energy Operating, LLC
Hilcorp Energy Company
J R Oil, LTD. Co.
John H Hendrix Corp
Kaiser-Francis Oil Company
Marathon Oil Company
Momentum Operating Co., Inc.
North Fork Operating LP
Petroleum Technical Services Co.
Samedan Oil Corporation
Seely Oil Company
Southwest Royalties, Inc.
Texaco Exploration & Prod Inc
Texian Operating Company, LLC
WPX Energy Permian, LLC