State

Oil & Gas Property in Lea County, NM

Map of Wells Full Screen Map 3-D Map

Key data points for State

Our Valuation Estimates for State

ShaleAssessment™

$58,483 *

MarketMultiple™

$64,259 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Aggregated production of all wells and leases associated with this property

API #	Well Name	Operator	Status	County	Latitude	Longitude
30-025-24319	STATE 1 001	Coterra Energy Operating Co.	Plugged	Lea County, NM	32.247528	-103.447174
30-025-24414	STATE 2 002	Coterra Energy Operating Co.	Plugged (Not Released)	Lea County, NM	32.244801	-103.442894
30-025-24517	STATE 35 001	MEWBOURNE OIL CO	Plugged	Lea County, NM	32.258690	-103.442940
30-025-25269	STATE R COM 001H	MATADOR PRODUCTION COMPANY	Active	Lea County, NM	32.270199	-103.425858
30-025-25650	STATE EO 001	CHESAPEAKE OPERATING, INC.	Plugged	Lea County, NM	32.281071	-103.442955
30-025-26198	STATE 23 001	REGENERATION ENERGY, CORPORATION	Plugged	Lea County, NM	32.284699	-103.442955
30-025-26328	STATE 23 002	MATADOR PRODUCTION COMPANY	Plugged (Not Released)	Lea County, NM	32.291943	-103.442955
30-025-37774	STATE 1 002	CIMAREX ENERGY CO. OF COLORADO	Active	Lea County, NM	32.252064	-103.438675

Lease #	Lease Name	Operator	County
300017	STATE EO	CHESAPEAKE OPERATING, INC.	Lea County, NM
312174	STATE 35	MEWBOURNE OIL CO	Lea County, NM
312261	STATE 23	REGENERATION ENERGY, CORPORATION	Lea County, NM
317538	STATE 23	MATADOR PRODUCTION COMPANY	Lea County, NM
317540	STATE R COM	MATADOR PRODUCTION COMPANY	Lea County, NM
320760	STATE 1	Coterra Energy Operating Co.	Lea County, NM
320761	STATE 2	Coterra Energy Operating Co.	Lea County, NM
35538	STATE 1	CIMAREX ENERGY CO. OF COLORADO	Lea County, NM

These are the closest 20 properties to the State property.

Property Name	Location	Oil Prod.	Gas Prod.	Prod. Period
Antelope Ridge	Lea County, NM	632 BBLs	3,070 MCF	Jul 2025
Bonanza Federal	Lea County, NM	28 BBLs	0 MCF	Jul 2025
Canyonlands 2 State Com	Lea County, NM	3,837 BBLs	7,140 MCF	Jul 2025
Curry Federal	Lea County, NM	0 BBLs	0 MCF	Oct 2008
Florence	Lea County, NM	24,429 BBLs	121,508 MCF	Jul 2025
Gazelle 22 B2	Lea County, NM	4,689 BBLs	15,633 MCF	Jul 2025
Gazelle 22 B3	Lea County, NM	2,853 BBLs	5,701 MCF	Jul 2025
Jeff Hart Federal Com	Lea County, NM	38,284 BBLs	185,518 MCF	Jul 2025
Jeff Hart State Com	Lea County, NM	12,653 BBLs	30,841 MCF	Jul 2025
Keller 2	Lea County, NM	10 BBLs	0 MCF	Jul 2025
Keller 3	Lea County, NM	53 BBLs	134 MCF	Jul 2025
Kestrel 1 12 Federal	Lea County, NM	14,112 BBLs	26,052 MCF	Jul 2025
Landreth Federal Com	Lea County, NM	1,158 BBLs	1,404 MCF	Jul 2025
Lepakast State Com	Lea County, NM	436 BBLs	968 MCF	Jul 2025
Mad Dog 26	Lea County, NM	99,195 BBLs	328,342 MCF	Jul 2025
Mad Dog 35 B	Lea County, NM	2,557 BBLs	7,485 MCF	Jul 2025
Mad Dog 35 CN State Com	Lea County, NM	561 BBLs	373 MCF	Jul 2025
Mortarboard Federal Com	Lea County, NM	1,139 BBLs	1,852 MCF	Aug 2025
Red Bull	Lea County, NM	0 BBLs	0 MCF	May 2025
Toro 36 B3	Lea County, NM	11,542 BBLs	33,487 MCF	Jul 2025

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

Company Name
3R Operating , LLC
Bold Energy, L.P.
Caza Operating, LLC
Chesapeake Operating, Inc.
Chevron Midcontinent, L.P.
Chevron USA Inc
Civitas Permian Operating, LLC
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company LP
Estoril Producing Corporation
J C Williamson
Marathon Oil Permian LLC
Matador Production Company
Mewbourne Oil Company
Oxy USA Inc
Regeneration Energy, Corporation
Siana Operating LLC
Strata Production Co
Three Forks Resources LLC