Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Nov 2025 |
| Total Oil Production | 411,842 BBLs |
| Total Gas Production | 1,958,113 MCF |
| Recent Oil Production | 155 BBLs in Sep 2025 |
| Recent Gas Production | 0 MCF in Sep 2025 |
| Wells on Property | 17 |
Our Valuation Estimates for State
ShaleAssessment™
$6,949 *
MarketMultiple™
$21,818 **
* 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 |
|---|---|---|---|---|
| Anderson Ranch | Lea County, NM | 629 BBLs | 331 MCF | Oct 2025 |
| Bell 1 | Lea County, NM | 0 BBLs | 0 MCF | Jun 1999 |
| Chem State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2020 |
| Eidson Ranch | Lea County, NM | 0 BBLs | 0 MCF | May 2008 |
| Green Star | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Lea CR State NCT-A | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Lea R State NCT-A | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Mesa Queen | Lea County, NM | 0 BBLs | 0 MCF | Aug 2010 |
| Moped BQP State | Chaves County, NM | 0 BBLs | 0 MCF | Jul 2022 |
| Ninja BMN State Com | Chaves County, NM | 284 BBLs | 1,303 MCF | Sep 2025 |
| North Anderson Ranch | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Pluma | Lea County, NM | 0 BBLs | 9 MCF | Sep 2025 |
| Rainbow State | Lea County, NM | 184 BBLs | 0 MCF | Sep 2025 |
| Rancho Verde 10 State | Lea County, NM | 34 BBLs | 17 MCF | Oct 2025 |
| Rattletrap | Lea County, NM | 24 BBLs | 0 MCF | Sep 2025 |
| Schooner B State | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| Scooter BPR Federal | Chaves County, NM | 309 BBLs | 651 MCF | Sep 2025 |
| Texmack | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Wrinkle 13 Federal Com | Chaves County, NM | 0 BBLs | 0 MCF | Mar 2018 |
| Yorktown 12 Fee | Chaves County, NM | 149 BBLs | 454 MCF | Sep 2025 |
These are the closest 20 companies operating near the State property.