State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Nov 2025
Total Oil Production9,728 BBLs
Total Gas Production990,483 MCF
Recent Oil Production0 BBLs in Nov 2025
Recent Gas Production1,091 MCF in Nov 2025
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment™

$3,917 *

MarketMultiple™

$4,956 **

* 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 Nov 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-11989STATE Y COM 001CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.045067-103.163384
30-025-11990STATE A COM 001FAE II Operating LLCActiveLea County, NM32.037808-103.161415
30-025-12094STATE O 003FAE II Operating LLCActiveLea County, NM32.001522-103.186997
30-025-25492STATE UTP 001BURLINGTON RESOURCES OIL & GAS COMPANY LPPluggedLea County, NM32.016945-103.164619
30-025-25633STATE O 004FAE II Operating LLCActiveLea County, NM32.004242-103.183769
30-025-25668STATE O 005FAE II Operating LLCActiveLea County, NM32.005150-103.186989
30-025-25774STATE O 006FAE II Operating LLCActiveLea County, NM32.006054-103.190178
30-025-27098STATE UTP 002FAE II Operating LLCActiveLea County, NM32.015129-103.166756

Leases included in State

Lease #Lease NameOperatorCountyMonthly Gas Prod.
22942STATE Y COMCIMAREX ENERGY CO. OF COLORADOLea County, NM
326411STATE A COMFAE II Operating LLCLea County, NM
326416STATE UTPFAE II Operating LLCLea County, NM
329339STATE OFAE II Operating LLCLea County, NM
7548STATE UTPBURLINGTON RESOURCES OIL & GAS COMPANY LPLea 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
C T BatesLea County, NM113 BBLs1,797 MCFNov 2025
EavesLea County, NM0 BBLs0 MCFApr 2004
Elliott FederalLea County, NM10 BBLs352 MCFNov 2025
FarnsworthLea County, NM817 BBLs875 MCFNov 2025
Federal FLea County, NM0 BBLs0 MCFApr 2025
Glenn RyanLea County, NM0 BBLs0 MCFJan 2013
Gregory BLea County, NM109 BBLs515 MCFNov 2025
H G MoberlyLea County, NM482 BBLs139 MCFNov 2025
Mary E WillsLea County, NM103 BBLs0 MCFNov 2025
Moberly Rhodes WF ProjectLea County, NM0 BBLs202 MCFNov 2025
Mr Wills FederalLea County, NM193 BBLs0 MCFDec 2025
RhodesLea County, NM0 BBLs335 MCFNov 2025
Rhodes Federal UnitLea County, NM187 BBLs5,187 MCFNov 2025
Rhodes NCT Coop Federal Com 1Lea County, NM94 BBLs0 MCFDec 2025
Rhodes YatesLea County, NM85 BBLs0 MCFNov 2025
ScarboroughWinkler County, TX372 BBLs0 MCFOct 2025
South Leonard UnitLea County, NM0 BBLs0 MCFJun 2022
W H Rhodes A FederalLea County, NM19 BBLs0 MCFDec 2025
W H Rhodes B Federal NCTLea County, NM155 BBLs0 MCFDec 2025
Wills FederalLea County, NM12 BBLs0 MCFDec 2025

Companies in the Area

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

Company Name
Armstrong Energy Corporation
B & B Energy
BC Operating, Inc.
Boyd, D. K. Oil And Gas Co.,Inc.
Burlington Resources Oil & Gas Company LP
Cimarex Energy Co. Of Colorado
Conoco Inc
ConocoPhillips Company
Coterra Energy Operating Co.
Doyle Hartman
Fae II Operating LLC
HPPC, Inc.
Leaco Operating, LLC
PPC Operating Company LLC
Q Natural Resources, LLC
Sea Sand Oil Company
Smith & Marrs Inc.
Southwest Royalties, Inc.
Team Operating, L.L.C.
Texaco Exploration & Prod Inc