State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. State Oil & Gas Property

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Property Summary

Key data points for State

County,
Production DatesJan 1993 - Mar 2025
Total Oil Production231,495 BBLs
Total Gas Production11,258,483 MCF
Recent Oil Production262 BBLs in Mar 2025
Recent Gas Production7,614 MCF in Mar 2025
Wells on Property8

Our Valuation Estimates for State

ShaleAssessment™

$61,773 *

MarketMultiple™

$56,308 **

* 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 Mar 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

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

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Antelope RidgeLea County, NM0 BBLs1,664 MCFMar 2025
Bonanza FederalLea County, NM19 BBLs44 MCFApr 2025
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM29,595 BBLs127,461 MCFMar 2025
Gazelle 22 B2Lea County, NM3,721 BBLs7,184 MCFMar 2025
Gazelle 22 B3Lea County, NM2,798 BBLs12,240 MCFMar 2025
Jeff Hart Federal ComLea County, NM46,020 BBLs169,343 MCFMar 2025
Jeff Hart State ComLea County, NM13,677 BBLs28,169 MCFMar 2025
Keller 2Lea County, NM21 BBLs0 MCFApr 2025
Keller 3Lea County, NM150 BBLs466 MCFApr 2025
Kestrel 1 12 FederalLea County, NM17,478 BBLs32,512 MCFMar 2025
Landreth Federal ComLea County, NM476 BBLs1,094 MCFMar 2025
Mad Dog 26Lea County, NM165,235 BBLs465,275 MCFMar 2025
Mad Dog 26 B3NC State ComLea County, NM1,974 BBLs2,782 MCFMar 2025
Mad Dog 26 MD State Com 001HLea County, NM1,060 BBLs770 MCFMar 2025
Mad Dog 35 BLea County, NM2,215 BBLs6,476 MCFMar 2025
Mad Dog 35 CN State ComLea County, NM502 BBLs460 MCFMar 2025
Mortarboard Federal ComLea County, NM4,540 BBLs8,141 MCFMar 2025
Pronghorn StateLea County, NM397 BBLs617 MCFApr 2025
Toro 36 B3Lea County, NM5,501 BBLs10,796 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the State property.

Company Name