State

Oil & Gas Property in Lea County, NM

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Key data points for State

Our Valuation Estimates for State

ShaleAssessment™

$12,718 *

MarketMultiple™

$113,433 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Aggregated production of all wells and leases associated with this property

API #	Well Name	Operator	Status	County	Latitude	Longitude
30-025-10589	STATE BD 36 001	MACK ENERGY CORP	Plugged	Lea County, NM	32.346542	-103.114510
30-025-12179	STATE P COM 001	J R OIL, LTD. CO.	Active	Lea County, NM	32.350170	-103.084602
30-025-12180	STATE P 002	J R OIL, LTD. CO.	Active	Lea County, NM	32.346554	-103.088875
30-025-12181	STATE P 003	J R OIL, LTD. CO.	Active	Lea County, NM	32.343834	-103.087807
30-025-20594	STATE B 002	BURGUNDY OIL & GAS OF N M INC	Active	Lea County, NM	32.347450	-103.109161
30-025-21020	STATE JJ 36 001	Petroleum Exploration Company Ltd., Limited P	Active	Lea County, NM	32.350185	-103.114502
30-025-21456	STATE BD 36 002	CART HILL ENERGY, LLC	Active	Lea County, NM	32.343823	-103.110230
30-025-24817	STATE P 004	OXY USA WTP LIMITED PARTNERSHIP	Plugged	Lea County, NM	32.342926	-103.088875
30-025-38840	STATE 36 001	APACHE CORPORATION	Plugged (Not Released)	Lea County, NM	32.342857	-103.120445
30-025-41500	STATE BD 36 003	MACK ENERGY CORP	Plugged (Not Released)	Lea County, NM	32.347286	-103.113243

Lease #	Lease Name	Operator	County
27951	STATE P	OXY USA WTP LIMITED PARTNERSHIP	Lea County, NM
310134	STATE BD 36	MACK ENERGY CORP	Lea County, NM
324907	STATE JJ 36	Petroleum Exploration Company Ltd., Limited P	Lea County, NM
330358	STATE P	J R OIL, LTD. CO.	Lea County, NM
330359	STATE P COM	J R OIL, LTD. CO.	Lea County, NM
335878	STATE BD 36	CART HILL ENERGY, LLC	Lea County, NM
336445	STATE B	BURGUNDY OIL & GAS OF N M INC	Lea County, NM
37074	STATE 36	APACHE CORPORATION	Lea County, NM

These are the closest 20 properties to the State property.

Property Name	Location	Oil Prod.	Gas Prod.	Prod. Period
A H Blinebry Federal NCT	Lea County, NM	1,153 BBLs	28,824 MCF	May 2025
Amanda	Lea County, NM	6 BBLs	1,685 MCF	May 2025
Amoco State	Lea County, NM	348 BBLs	10,049 MCF	May 2025
Baker	Lea County, NM	0 BBLs	0 MCF	Dec 2001
Drinkard	Lea County, NM	212 BBLs	10,085 MCF	May 2025
E E Drinkard	Lea County, NM	19 BBLs	113 MCF	May 2025
Evelyn Lineberry	Lea County, NM	0 BBLs	0 MCF	Oct 2012
Fluor	Lea County, NM	40 BBLs	0 MCF	May 2025
Gulf S	Lea County, NM	0 BBLs	202 MCF	May 2025
H V Pike	Lea County, NM	186 BBLs	891 MCF	May 2025
J L Muncy	Lea County, NM	511 BBLs	10,467 MCF	May 2025
Lineberry	Lea County, NM	37 BBLs	122 MCF	May 2025
Max Gutman	Lea County, NM	0 BBLs	0 MCF	Apr 2025
Metex Supply A	Lea County, NM	86 BBLs	215 MCF	May 2025
Sarah B	Lea County, NM	4 BBLs	0 MCF	May 2025
Scarborough	Andrews County, TX	245 BBLs	6,741 MCF	May 2025
Shirley Boyd	Lea County, NM	70 BBLs	1,167 MCF	May 2025
Sims	Lea County, NM	14 BBLs	144 MCF	May 2025
T R Andrews	Lea County, NM	303 BBLs	5,922 MCF	May 2025
Vivian	Lea County, NM	547 BBLs	15,044 MCF	May 2025

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
Contango Resources 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
Team Operating, L.L.C.
Texaco Expl. And Prod. Inc.
WPX Energy Permian, LLC