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
OperatorELK OIL COMPANY
Production DatesJan 1993 - Feb 1998
Total Oil Production6,317 BBLs
Total Gas Production0 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

Not Available

* 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 1998

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26698STATE IA 001ELK OIL COPluggedLea County, NM32.709732-103.520332
30-025-28635STATE NM 001ELK OIL COPluggedLea County, NM32.709686-103.528915

Leases included in State

Lease #Lease NameOperatorCounty
18823STATE IAELK OIL COLea County, NM
18824STATE NMELK OIL COLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Airstrip 31Lea County, NM4,254 BBLs3,474 MCFJul 2025
Albatross State ComLea County, NM1,692 BBLs1,387 MCFJul 2025
Butter Cup 3Lea County, NM1,537 BBLs2,663 MCFAug 2025
Caprock 27 StateLea County, NM0 BBLs0 MCFAug 2025
Condor StateLea County, NM816 BBLs2,135 MCFJul 2025
East Ek UnitLea County, NM0 BBLs0 MCFJan 2003
Ekay 2Lea County, NM0 BBLs0 MCFNov 2002
Gold State ComLea County, NM9,612 BBLs30,247 MCFAug 2025
Ironhouse 19 State ComLea County, NM1,830 BBLs3,877 MCFAug 2025
Ironhouse 2Lea County, NM2,433 BBLs2,708 MCFAug 2025
King Cobra 2 StateLea County, NM1,767 BBLs1,994 MCFJul 2025
Kingfisher State ComLea County, NM1,303 BBLs458 MCFJul 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Magpie StateLea County, NM0 BBLs0 MCFSep 2024
Merit 6 Eh State ComLea County, NM361 BBLs187 MCFJul 2025
Mongoose FeeLea County, NM516 BBLs425 MCFJul 2025
Satellite State ComLea County, NM118,292 BBLs166,047 MCFAug 2025
Tin Cup 36 State ComLea County, NM374 BBLs657 MCFAug 2025
Tres Primos 3 StateLea County, NM1,568 BBLs196 MCFJul 2025
Wild Cobra 1 StateLea County, NM1,310 BBLs1,299 MCFJul 2025

Companies in the Area

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

Company Name
BC Operating, Inc.
Chevron USA Inc
COG Operating LLC
Coterra Energy Operating E LLC
Devon Energy Production Company LP
G And C Operating, LLC
Harvey E Yates Company
J & G Enterprise LTD., Co.
Kevin O Butler & Assoc Inc
Lario Oil & Gas Company
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
McElvain Energy Inc
Mewbourne Oil Company
Nadel And Gussman Permian,L.L.C.
O'Neil Properties LTD
Oleum Energy LLC
Raybaw Operating, LLC
Sundown Energy LP