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™

$62,591 *

MarketMultiple™

$54,837 **

* 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	1,280 BBLs	4,077 MCF	Feb 2025
Bonanza Federal	Lea County, NM	25 BBLs	9 MCF	Feb 2025
Canyonlands 2 State Com	Lea County, NM	3,774 BBLs	5,583 MCF	Feb 2025
Curry Federal	Lea County, NM	0 BBLs	0 MCF	Oct 2008
Florence	Lea County, NM	27,639 BBLs	117,271 MCF	Feb 2025
Gazelle 22 B2	Lea County, NM	3,515 BBLs	5,611 MCF	Feb 2025
Gazelle 22 B3	Lea County, NM	3,020 BBLs	9,757 MCF	Feb 2025
Jeff Hart Federal Com	Lea County, NM	37,036 BBLs	113,293 MCF	Feb 2025
Jeff Hart State Com	Lea County, NM	10,901 BBLs	20,194 MCF	Feb 2025
Keller 2	Lea County, NM	0 BBLs	0 MCF	Feb 2024
Keller 3	Lea County, NM	120 BBLs	260 MCF	Feb 2025
Kestrel 1 12 Federal	Lea County, NM	14,390 BBLs	28,317 MCF	Feb 2025
Landreth Federal Com	Lea County, NM	1,110 BBLs	1,264 MCF	Feb 2025
Lepakast State Com	Lea County, NM	513 BBLs	1,772 MCF	Feb 2025
Mad Dog 26	Lea County, NM	146,812 BBLs	351,118 MCF	Feb 2025
Mad Dog 26 B3NC State Com	Lea County, NM	1,803 BBLs	1,941 MCF	Feb 2025
Mad Dog 35 B	Lea County, NM	3,229 BBLs	5,930 MCF	Feb 2025
Mad Dog 35 CN State Com	Lea County, NM	762 BBLs	145 MCF	Feb 2025
Mortarboard Federal Com	Lea County, NM	4,894 BBLs	8,328 MCF	Feb 2025
Toro 36 B3	Lea County, NM	4,411 BBLs	8,206 MCF	Feb 2025

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

Company Name
Bold Energy, L.P.
Caza Operating, LLC
Chesapeake Operating, Inc.
Chevron Midcontinent, L.P.
Chevron USA Inc
Civitas Permian Operating, LLC
COG Operating LLC
COG Production 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