State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - May 2025
Total Oil Production231,916 BBLs
Total Gas Production11,273,386 MCF
Recent Oil Production225 BBLs in May 2025
Recent Gas Production7,594 MCF in May 2025
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment

$60,132 *

MarketMultiple

$62,446 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
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
30-025-24319STATE 1 001Coterra Energy Operating Co.PluggedLea County, NM32.247528-103.447174
30-025-24414STATE 2 002Coterra Energy Operating Co.Plugged (Not Released)Lea County, NM32.244801-103.442894
30-025-24517STATE 35 001MEWBOURNE OIL COPluggedLea County, NM32.258690-103.442940
30-025-25269STATE R COM 001HMATADOR PRODUCTION COMPANYActiveLea County, NM32.270199-103.425858
30-025-25650STATE EO 001CHESAPEAKE OPERATING, INC.PluggedLea County, NM32.281071-103.442955
30-025-26198STATE 23 001REGENERATION ENERGY, CORPORATIONPluggedLea County, NM32.284699-103.442955
30-025-26328STATE 23 002MATADOR PRODUCTION COMPANYPlugged (Not Released)Lea County, NM32.291943-103.442955
30-025-37774STATE 1 002CIMAREX ENERGY CO. OF COLORADOActiveLea County, NM32.252064-103.438675

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
300017STATE EOCHESAPEAKE OPERATING, INC.Lea County, NM
312174STATE 35MEWBOURNE OIL COLea County, NM
312261STATE 23REGENERATION ENERGY, CORPORATIONLea County, NM
317538STATE 23MATADOR PRODUCTION COMPANYLea County, NM
317540STATE R COMMATADOR PRODUCTION COMPANYLea County, NM
320760STATE 1Coterra Energy Operating Co.Lea County, NM
320761STATE 2Coterra Energy Operating Co.Lea County, NM
35538STATE 1CIMAREX ENERGY CO. OF COLORADOLea County, NM

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Antelope RidgeLea County, NM1,084 BBLs3,965 MCFMay 2025
Bonanza FederalLea County, NM51 BBLs0 MCFMay 2025
Canyonlands 2 State ComLea County, NM4,276 BBLs6,729 MCFMay 2025
Ciguena StateLea County, NM325 BBLs244 MCFMay 2025
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM27,915 BBLs131,873 MCFMay 2025
Gazelle 22 B2Lea County, NM3,610 BBLs12,196 MCFMay 2025
Gazelle 22 B3Lea County, NM4,273 BBLs14,354 MCFMay 2025
Jeff Hart Federal ComLea County, NM43,193 BBLs189,434 MCFMay 2025
Jeff Hart State ComLea County, NM13,005 BBLs31,904 MCFMay 2025
Keller 2Lea County, NM38 BBLs0 MCFMay 2025
Keller 3Lea County, NM309 BBLs331 MCFMay 2025
Kestrel 1 12 FederalLea County, NM15,024 BBLs29,282 MCFMay 2025
Lepakast State ComLea County, NM562 BBLs933 MCFMay 2025
Mad Dog 26Lea County, NM117,331 BBLs361,610 MCFMay 2025
Mad Dog 26 MD State Com 001HLea County, NM383 BBLs185 MCFMay 2025
Mad Dog 35 BLea County, NM940 BBLs2,096 MCFMay 2025
Mad Dog 35 CN State ComLea County, NM648 BBLs258 MCFMay 2025
Mortarboard Federal ComLea County, NM1,265 BBLs2,174 MCFMay 2025
Toro 36 B3Lea County, NM3,685 BBLs5,011 MCFMay 2025