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

CountyLea County, NM
Production DatesJan 1993 - Dec 2024
Total Oil Production98,112 BBLs
Total Gas Production7,377,791 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property7

Our Valuation Estimates for State

ShaleAssessment™

$63,407 *

MarketMultiple™

Not Available

* 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 Dec 2024

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

Leases included in State

Lease #Lease NameOperatorCounty
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

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, NM1,045 BBLs3,423 MCFNov 2025
Bonanza FederalLea County, NM80 BBLs15 MCFNov 2025
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM27,353 BBLs114,061 MCFNov 2025
Gazelle 22 B2Lea County, NM3,382 BBLs4,442 MCFNov 2025
Gazelle 22 B3Lea County, NM3,126 BBLs13,379 MCFNov 2025
Jeff Hart Federal ComLea County, NM33,242 BBLs202,862 MCFNov 2025
Jeff Hart State ComLea County, NM10,798 BBLs30,473 MCFNov 2025
Keller 2Lea County, NM0 BBLs0 MCFSep 2025
Keller 3Lea County, NM62 BBLs101 MCFNov 2025
Kestrel 1 12 FederalLea County, NM10,578 BBLs23,598 MCFNov 2025
Landreth Federal ComLea County, NM499 BBLs432 MCFNov 2025
Lepakast State ComLea County, NM316 BBLs349 MCFNov 2025
Mad Dog 26Lea County, NM43,360 BBLs148,096 MCFNov 2025
Mad Dog 26 B3NC State ComLea County, NM1,706 BBLs2,276 MCFNov 2025
Mad Dog 26 MD State Com 001HLea County, NM773 BBLs1,033 MCFNov 2025
Mad Dog 35 BLea County, NM1,884 BBLs4,856 MCFNov 2025
Mad Dog 35 CN State ComLea County, NM407 BBLs979 MCFNov 2025
Mortarboard Federal ComLea County, NM4,531 BBLs11,010 MCFNov 2025
Toro 36 B3Lea County, NM8,446 BBLs31,828 MCFNov 2025

Companies in the Area

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