Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jan 2026 |
| Total Oil Production | 233,939 BBLs |
| Total Gas Production | 11,334,172 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 8 |
Our Valuation Estimates for State
ShaleAssessment™
$53,604 *
MarketMultiple™
$60,455 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antelope Ridge | Lea County, NM | 0 BBLs | 4,910 MCF | Feb 2026 |
| Bonanza Federal | Lea County, NM | 11 BBLs | 1 MCF | Feb 2026 |
| Curry Federal | Lea County, NM | 0 BBLs | 0 MCF | Oct 2008 |
| Florence | Lea County, NM | 24,710 BBLs | 105,920 MCF | Feb 2026 |
| Gazelle 22 B2 | Lea County, NM | 2,501 BBLs | 4,492 MCF | Feb 2026 |
| Gazelle 22 B3 | Lea County, NM | 3,456 BBLs | 11,826 MCF | Feb 2026 |
| Jeff Hart Federal Com | Lea County, NM | 28,016 BBLs | 156,210 MCF | Feb 2026 |
| Jeff Hart State Com | Lea County, NM | 9,744 BBLs | 30,224 MCF | Feb 2026 |
| Keller 2 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Keller 3 | Lea County, NM | 59 BBLs | 184 MCF | Feb 2026 |
| Kestrel 1 12 Federal | Lea County, NM | 9,937 BBLs | 32,850 MCF | Feb 2026 |
| Landreth Federal Com | Lea County, NM | 660 BBLs | 817 MCF | Feb 2026 |
| Mad Dog 26 | Lea County, NM | 77,528 BBLs | 246,652 MCF | Feb 2026 |
| Mad Dog 26 B3NC State Com | Lea County, NM | 1,020 BBLs | 1,525 MCF | Feb 2026 |
| Mad Dog 26 MD State Com 001H | Lea County, NM | 1,816 BBLs | 917 MCF | Feb 2026 |
| Mad Dog 35 B | Lea County, NM | 1,625 BBLs | 4,396 MCF | Feb 2026 |
| Mad Dog 35 CN State Com | Lea County, NM | 551 BBLs | 249 MCF | Feb 2026 |
| Mortarboard Federal Com | Lea County, NM | 3,777 BBLs | 8,757 MCF | Feb 2026 |
| Toro 36 B3 | Lea County, NM | 3,940 BBLs | 15,668 MCF | Feb 2026 |
| ZN 27 22 Federal State Com | Lea County, NM | 165,245 BBLs | 265,362 MCF | Feb 2026 |
These are the closest 20 companies operating near the State property.