State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Jun 2025
Total Oil Production232,123 BBLs
Total Gas Production11,280,712 MCF
Recent Oil Production207 BBLs in Jun 2025
Recent Gas Production7,326 MCF in Jun 2025
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment

$59,308 *

MarketMultiple

$63,894 **

* 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 Jun 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, NM935 BBLs3,377 MCFJun 2025
Bonanza FederalLea County, NM64 BBLs0 MCFJun 2025
Canyonlands 2 State ComLea County, NM3,719 BBLs6,719 MCFJun 2025
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM25,227 BBLs119,294 MCFJun 2025
Gazelle 22 B2Lea County, NM4,803 BBLs15,424 MCFJun 2025
Gazelle 22 B3Lea County, NM2,972 BBLs8,806 MCFJun 2025
Jeff Hart Federal ComLea County, NM39,029 BBLs169,806 MCFJun 2025
Jeff Hart State ComLea County, NM11,941 BBLs26,678 MCFJun 2025
Keller 2Lea County, NM8 BBLs0 MCFJun 2025
Keller 3Lea County, NM118 BBLs126 MCFJun 2025
Kestrel 1 12 FederalLea County, NM14,243 BBLs28,699 MCFJun 2025
Lepakast State ComLea County, NM484 BBLs814 MCFJun 2025
Mad Dog 26Lea County, NM102,718 BBLs358,094 MCFJun 2025
Mad Dog 26 B3NC State ComLea County, NM1,183 BBLs603 MCFJun 2025
Mad Dog 35 BLea County, NM2,083 BBLs6,733 MCFJun 2025
Mad Dog 35 CN State ComLea County, NM604 BBLs111 MCFJun 2025
Red BullLea County, NM0 BBLs0 MCFMay 2025
Red Bull 30 31 Federal State ComLea County, NM17,573 BBLs30,833 MCFJun 2025
Toro 36 B3Lea County, NM7,484 BBLs17,306 MCFJun 2025