Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2025 |
| Total Oil Production | 297,592 BBLs |
| Total Gas Production | 901,979 MCF |
| Recent Oil Production | 116 BBLs in May 2025 |
| Recent Gas Production | 357 MCF in May 2025 |
| Wells on Property | 17 |
Our Valuation Estimates for State
ShaleAssessment™
$14,818 *
MarketMultiple™
$18,424 **
* 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 |
|---|---|---|---|---|
| Baum State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2018 |
| Boar State Com | Lea County, NM | 1,559 BBLs | 792 MCF | May 2025 |
| Chem State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2020 |
| Good Hands 15 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Good State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Hanladdie WR State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Incredible Hulk 26 State Com | Lea County, NM | 10 BBLs | 0 MCF | May 2025 |
| Lea VF State | Lea County, NM | 0 BBLs | 0 MCF | Apr 1994 |
| Nereid 1 Federal | Chaves County, NM | 418 BBLs | 593 MCF | May 2025 |
| New Mexico As State | Lea County, NM | 0 BBLs | 18 MCF | May 2025 |
| Ninja BMN State Com | Chaves County, NM | 220 BBLs | 273 MCF | May 2025 |
| Saunders | Lea County, NM | 0 BBLs | 0 MCF | Aug 2017 |
| State | Lea County, NM | 1,025 BBLs | 136 MCF | May 2025 |
| Swan VB State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2004 |
| Texas Deep State | Lea County, NM | 1,217 BBLs | 0 MCF | May 2025 |
| Tulk VV State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Wasp 2 State | Chaves County, NM | 1,568 BBLs | 6,228 MCF | May 2025 |
| Woodpecker Sy State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2007 |
| Wrinkle 13 Federal Com | Chaves County, NM | 0 BBLs | 0 MCF | Mar 2018 |
| Yorktown 12 Fee | Chaves County, NM | 180 BBLs | 3 MCF | May 2025 |
These are the closest 20 companies operating near the State property.