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 - Feb 2026
Total Oil Production9,728 BBLs
Total Gas Production994,262 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production1,261 MCF in Feb 2026
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment™

$3,777 *

MarketMultiple™

$4,820 **

* 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
30-025-11989STATE 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, NM122 BBLs2,484 MCFFeb 2026
EavesLea County, NM0 BBLs0 MCFApr 2004
Elliott FederalLea County, NM3 BBLs385 MCFFeb 2026
FarnsworthLea County, NM831 BBLs483 MCFFeb 2026
Federal FLea County, NM0 BBLs0 MCFApr 2025
Glenn RyanLea County, NM0 BBLs0 MCFJan 2013
Gregory BLea County, NM88 BBLs575 MCFFeb 2026
H G MoberlyLea County, NM444 BBLs225 MCFFeb 2026
Mary E WillsLea County, NM7 BBLs0 MCFFeb 2026
Moberly Rhodes WF ProjectLea County, NM0 BBLs0 MCFDec 2025
Mr Wills FederalLea County, NM102 BBLs0 MCFFeb 2026
RhodesLea County, NM0 BBLs741 MCFFeb 2026
Rhodes Federal UnitLea County, NM188 BBLs9,477 MCFFeb 2026
Rhodes NCT Coop Federal Com 1Lea County, NM207 BBLs0 MCFFeb 2026
Rhodes YatesLea County, NM0 BBLs0 MCFJan 2026
ScarboroughWinkler County, TX599 BBLs0 MCFJan 2026
South Leonard UnitLea County, NM0 BBLs0 MCFJun 2022
W H Rhodes A FederalLea County, NM42 BBLs0 MCFFeb 2026
W H Rhodes B Federal NCTLea County, NM343 BBLs0 MCFFeb 2026
Wills FederalLea County, NM33 BBLs0 MCFFeb 2026

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.
Bell Energy
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.
Texaco Exploration & Prod Inc