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™

$56,826 *

MarketMultiple™

$64,893 **

* 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	1,315 BBLs	3,403 MCF	Sep 2025
Bonanza Federal	Lea County, NM	180 BBLs	0 MCF	Sep 2025
Curry Federal	Lea County, NM	0 BBLs	0 MCF	Oct 2008
Florence	Lea County, NM	24,721 BBLs	124,865 MCF	Sep 2025
Gazelle 22 B2	Lea County, NM	4,438 BBLs	20,734 MCF	Sep 2025
Gazelle 22 B3	Lea County, NM	3,200 BBLs	6,798 MCF	Sep 2025
Jeff Hart Federal Com	Lea County, NM	37,290 BBLs	201,287 MCF	Sep 2025
Jeff Hart State Com	Lea County, NM	11,979 BBLs	30,198 MCF	Sep 2025
Keller 2	Lea County, NM	9 BBLs	0 MCF	Sep 2025
Keller 3	Lea County, NM	117 BBLs	187 MCF	Sep 2025
Kestrel 1 12 Federal	Lea County, NM	11,954 BBLs	23,170 MCF	Sep 2025
Landreth Federal Com	Lea County, NM	917 BBLs	1,044 MCF	Sep 2025
Lepakast State Com	Lea County, NM	166 BBLs	811 MCF	Sep 2025
Mad Dog 26	Lea County, NM	93,584 BBLs	326,393 MCF	Sep 2025
Mad Dog 26 B3NC State Com	Lea County, NM	1,257 BBLs	2,468 MCF	Sep 2025
Mad Dog 26 MD State Com 001H	Lea County, NM	1,390 BBLs	657 MCF	Sep 2025
Mad Dog 35 B	Lea County, NM	2,334 BBLs	7,403 MCF	Sep 2025
Mad Dog 35 CN State Com	Lea County, NM	620 BBLs	337 MCF	Sep 2025
Mortarboard Federal Com	Lea County, NM	5,593 BBLs	10,231 MCF	Oct 2025
Toro 36 B3	Lea County, NM	6,765 BBLs	26,735 MCF	Sep 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, L.P.
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