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
OperatorWAYLANDER LLC
Production DatesJan 1993 - May 2025
Total Oil Production8,107 BBLs
Total Gas Production0 MCF
Recent Oil Production2 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property4

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$869 **

* 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 May 2025

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 NameOperatorCountyMonthly Oil Prod.
29619STATE 32BRUCE A. WILBANKS COMPANYLea County, NM
335213STATE 32Waylander LLCLea County, NM
335214STATE AWaylander LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baylus Cade FederalLea County, NM1,248 BBLs2,405 MCFMay 2025
Buckskin FedLea County, NM0 BBLs0 MCFAug 2019
E C HillLea County, NM340 BBLs418 MCFMay 2025
E C Hill BLea County, NM452 BBLs3,216 MCFMay 2025
E C Hill D FederalLea County, NM0 BBLs225 MCFMay 2025
Encore MLea County, NM580 BBLs2,720 MCFMay 2025
Eva Blinebry BLea County, NM134 BBLs0 MCFMay 2025
Eva E BlinebryLea County, NM1 BBLs0 MCFMay 2025
Evans Mary KateAndrews County, TX1 BBLs0 MCFApr 2025
FanningLea County, NM1,174 BBLs1,908 MCFMay 2025
FowlerLea County, NM54 BBLs628 MCFMay 2025
G H MattixLea County, NM95 BBLs0 MCFMay 2025
GreenbackLea County, NM3 BBLs0 MCFMay 2025
Hunt 2Lea County, NM0 BBLs0 MCFMar 2017
J H McClure BLea County, NM0 BBLs0 MCFApr 2020
MattixLea County, NM6 BBLs0 MCFMay 2025
Myers Langlie Mattix Unit 1Lea County, NM49 BBLs21 MCFMay 2025
S J CarrLea County, NM357 BBLs0 MCFMay 2025
Teague 2 StateLea County, NM0 BBLs100 MCFMay 2025
United Royalty ALea County, NM240 BBLs0 MCFMay 2025

Companies in the Area

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

Company Name
Acacia Operating Company, LLC
Arch Petroleum Inc.
Breitburn Operating LP
Crosstex Services, L.L.C.
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 Expl. And Prod. Inc.
Wilbanks, Bruce A. Company