State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Dec 2024
Total Oil Production98,112 BBLs
Total Gas Production7,377,872 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

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Antelope RidgeLea County, NM982 BBLs2,762 MCFDec 2025
Bonanza FederalLea County, NM56 BBLs12 MCFDec 2025
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM34,670 BBLs122,137 MCFDec 2025
Gazelle 22 B2Lea County, NM4,100 BBLs4,375 MCFDec 2025
Gazelle 22 B3Lea County, NM5,974 BBLs21,500 MCFDec 2025
Jeff Hart Federal ComLea County, NM32,578 BBLs192,139 MCFDec 2025
Jeff Hart State ComLea County, NM11,096 BBLs30,678 MCFDec 2025
Keller 2Lea County, NM12 BBLs0 MCFDec 2025
Keller 3Lea County, NM59 BBLs91 MCFDec 2025
Kestrel 1 12 FederalLea County, NM9,687 BBLs20,045 MCFDec 2025
Landreth Federal ComLea County, NM800 BBLs578 MCFDec 2025
Mad Dog 26Lea County, NM86,612 BBLs238,237 MCFDec 2025
Mad Dog 26 B3NC State ComLea County, NM1,789 BBLs1,847 MCFDec 2025
Mad Dog 26 MD State Com 001HLea County, NM4,341 BBLs11,529 MCFDec 2025
Mad Dog 35 BLea County, NM2,090 BBLs10,834 MCFDec 2025
Mad Dog 35 CN State ComLea County, NM637 BBLs693 MCFDec 2025
Mortarboard Federal ComLea County, NM4,307 BBLs9,364 MCFDec 2025
Toro 36 B3Lea County, NM4,261 BBLs16,505 MCFDec 2025
ZN 27 22 Federal State ComLea County, NM1,887 BBLs4,475 MCFDec 2025