State

Oil Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. State Oil Property

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Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Feb 2026
Total Oil Production8,230 BBLs
Total Gas Production0 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$1,547 **

* 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 2026

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-21230STATE A 001Waylander LLCActiveLea County, NM32.248131-103.076111
30-025-21231STATE A 002Waylander LLCActiveLea County, NM32.251499-103.084282
30-025-21476STATE 32 001Waylander LLCActiveLea County, NM32.255379-103.084633
30-025-21644STATE 32 002BRUCE A. WILBANKS COMPANYPluggedLea County, NM32.259010-103.080383

Leases included in State

Lease #Lease NameOperatorCounty
10024STATE 32SANTA FE EXPLORATION COLea County, NM
29619STATE 32BRUCE A. WILBANKS COMPANYLea County, NM
335213STATE 32Waylander LLCLea County, NM
335214STATE AWaylander LLCLea 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
Baylus Cade FederalLea County, NM597 BBLs3,071 MCFMar 2026
Buckskin FedLea County, NM0 BBLs0 MCFAug 2019
E C HillLea County, NM0 BBLs0 MCFJun 2025
E C Hill BLea County, NM444 BBLs2,078 MCFMar 2026
E C Hill D FederalLea County, NM0 BBLs134 MCFMar 2026
Encore MLea County, NM596 BBLs1,992 MCFMar 2026
Eva Blinebry BLea County, NM95 BBLs0 MCFApr 2026
Eva E BlinebryLea County, NM112 BBLs0 MCFMar 2026
Evans Mary KateAndrews County, TX2 BBLs0 MCFMar 2026
FanningLea County, NM644 BBLs337 MCFApr 2026
FowlerLea County, NM72 BBLs454 MCFApr 2026
G H MattixLea County, NM89 BBLs0 MCFApr 2026
GreenbackLea County, NM3 BBLs0 MCFMar 2026
Hunt 2Lea County, NM0 BBLs0 MCFMar 2017
J H McClure BLea County, NM0 BBLs0 MCFApr 2020
MattixLea County, NM0 BBLs0 MCFFeb 2026
Myers Langlie Mattix Unit 1Lea County, NM15 BBLs0 MCFMar 2026
S J CarrLea County, NM384 BBLs0 MCFMar 2026
Teague 2 StateLea County, NM0 BBLs434 MCFMar 2026
United Royalty ALea County, NM321 BBLs0 MCFMar 2026

Companies in the Area

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

Company Name
Acacia Operating Company, LLC
Arch Petroleum Inc.
Blackrock Operating, LLC
Breitburn Operating LP
Empire New Mexico LLC
EOG Resources Inc
Fae II Operating LLC
J R Oil, LTD. Co.
Lanexco, Inc.
Latigo Petroleum, Inc.
Legacy Reserves Operating LP
Oxy USA Inc
Oxy USA WTP Limited Partnership
Pbex Operations, LLC
Plains Petroleum Operating Co
Saga Petroleum Limited Liability Co.
Samedan Oil Corporation
Spindletop Oil & Gas Co.
Texaco Exploration & Prod Inc
Wilbanks, Bruce A. Company