State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Feb 2024
Total Oil Production228,055 BBLs
Total Gas Production11,150,241 MCF
Recent Oil Production197 BBLs in Jan 2024
Recent Gas Production5,964 MCF in Jan 2024
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment

$74,038 *

MarketMultiple

$75,007 **

* 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 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-24319STATE 1 001CIMAREX ENERGY CO.Plugged, Not ReleasedLea County, NM32.247528-103.447174
30-025-24414STATE 2 002CIMAREX ENERGY CO.Plugged, Not ReleasedLea County, NM32.244801-103.442894
30-025-24517STATE 35 001MEWBOURNE OIL COActiveLea 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.Plugged, Site ReleasedLea County, NM32.281071-103.442955
30-025-26198STATE 23 001REGENERATION ENERGY, CORPORATIONPlugged, Site ReleasedLea County, NM32.284699-103.442955
30-025-26328STATE 23 002MATADOR PRODUCTION COMPANYApproved Temporary AbandonmentLea 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 1CIMAREX ENERGY CO.Lea County, NM
320761STATE 2CIMAREX ENERGY 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, NM1,749 BBLs4,291 MCFFeb 2024
Bonanza FederalLea County, NM310 BBLs97 MCFFeb 2024
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM15,423 BBLs26,811 MCFJan 2024
Gazelle 22 B2Lea County, NM5,874 BBLs11,610 MCFJan 2024
Gazelle 22 B3Lea County, NM4,152 BBLs7,507 MCFJan 2024
Jeff Hart Federal ComLea County, NM47,735 BBLs107,048 MCFJan 2024
Jeff Hart State ComLea County, NM14,378 BBLs18,714 MCFJan 2024
Keller 2Lea County, NM324 BBLs192 MCFFeb 2024
Keller 3Lea County, NM453 BBLs709 MCFFeb 2024
Kestrel 1 12 FederalLea County, NM135,120 BBLs214,021 MCFJan 2024
Landreth Federal ComLea County, NM595 BBLs364 MCFJan 2024
Lepakast State ComLea County, NM253 BBLs35 MCFJan 2024
Mad Dog 26Lea County, NM4,043 BBLs5,657 MCFJan 2024
Mad Dog 26 35Lea County, NM43,300 BBLs63,834 MCFJan 2024
Mad Dog 26 MD State Com 001HLea County, NM786 BBLs1,373 MCFJan 2024
Mad Dog 35 BLea County, NM2,342 BBLs3,911 MCFJan 2024
Mad Dog 35 CN State ComLea County, NM891 BBLs1,684 MCFJan 2024
Mortarboard Federal ComLea County, NM3,041 BBLs3,890 MCFFeb 2024
Toro 36 B3Lea County, NM5,812 BBLs8,072 MCFJan 2024