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 - Oct 2025
Total Oil Production28,122 BBLs
Total Gas Production3,662,921 MCF
Recent Oil Production1 BBLs in Aug 2025
Recent Gas Production1,582 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment™

$19,199 *

MarketMultiple™

$13,785 **

* 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 Oct 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-01919STATE SA 001Extex Operating CompanyActiveLea County, NM32.909355-103.580933
30-025-01920STATE SA 002LEGACY RESERVES OPERATING, LPPluggedLea County, NM32.909378-103.576431
30-025-27513STATE 19 C 001Extex Operating CompanyActiveLea County, NM32.902859-103.598640
30-025-27597STATE LF 20 001FINA OIL & CHEMICALPluggedLea County, NM32.902073-103.588898

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
309904STATE SALEGACY RESERVES OPERATING, LPLea County, NM
330600STATE 19 CExtex Operating CompanyLea County, NM
330609STATE SAExtex Operating CompanyLea County, NM
4307STATE LF 20FINA OIL & CHEMICALLea 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
Big Hat BKLea County, NM0 BBLs0 MCFSep 2013
East KemnitzLea County, NM0 BBLs438 MCFOct 2025
Forgotten StateLea County, NM0 BBLs0 MCFMay 2025
GallagherLea County, NM293 BBLs0 MCFSep 2025
Gar StateLea County, NM56 BBLs0 MCFSep 2025
Hot Toddy Abq StateLea County, NM386 BBLs1,436 MCFSep 2025
KemnitzLea County, NM0 BBLs910 MCFOct 2025
Kemnitz Lower Wolfcamp East UnitLea County, NM0 BBLs0 MCFJul 2007
Kemnitz Wolfcamp UnitLea County, NM0 BBLs8 MCFOct 2025
Miller BW StateLea County, NM175 BBLs0 MCFSep 2025
New Mex ALea County, NM0 BBLs0 MCFSep 2012
Northeast KemnitzLea County, NM616 BBLs4,536 MCFOct 2025
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
Snapper StateLea County, NM211 BBLs125 MCFSep 2025
SombreroLea County, NM211 BBLs53 MCFSep 2025
StateLea County, NM0 BBLs0 MCFJul 2019
StateLea County, NM123 BBLs0 MCFOct 2025
StateLea County, NM5 BBLs0 MCFOct 2025
State Of New Mexico 35Lea County, NM186 BBLs9 MCFSep 2025
Willow Peg StateLea County, NM0 BBLs0 MCFApr 2023

Companies in the Area

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

Company Name
Avra Oil Co
Chesapeake Operating, Inc.
Cimarex Energy Co. Of Colorado
Edge Petroleum Oper. Co., Inc.
Elk Oil Company
Extex Operating Company
Fina Oil & Chemical
G And C Operating, LLC
Legacy Reserves Operating LP
Mack Energy Corporation
Marks And Garner Production LTD Co
Matador Operating Company
Matador Production Company
Mewbourne Oil Company
MGM Oil & Gas Company
Penroc Oil Corp.
Ram Energy LLC
Roughhouse Operating, LLC
Sarvis Permian Land Fund I SC, LLC
W A Moncrief Jr