State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Jan 2026
Total Oil Production233,939 BBLs
Total Gas Production11,334,172 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property8

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

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 Jan 2026

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
30-025-37774STATE LF 30 002Coterra Energy Operating Co.ActiveLea County, NM32.252064-103.438675

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, NM0 BBLs4,910 MCFFeb 2026
Bonanza FederalLea County, NM11 BBLs1 MCFFeb 2026
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
FlorenceLea County, NM24,710 BBLs105,920 MCFFeb 2026
Gazelle 22 B2Lea County, NM2,501 BBLs4,492 MCFFeb 2026
Gazelle 22 B3Lea County, NM3,456 BBLs11,826 MCFFeb 2026
Jeff Hart Federal ComLea County, NM28,016 BBLs156,210 MCFFeb 2026
Jeff Hart State ComLea County, NM9,744 BBLs30,224 MCFFeb 2026
Keller 2Lea County, NM0 BBLs0 MCFDec 2025
Keller 3Lea County, NM59 BBLs184 MCFFeb 2026
Kestrel 1 12 FederalLea County, NM9,937 BBLs32,850 MCFFeb 2026
Landreth Federal ComLea County, NM660 BBLs817 MCFFeb 2026
Mad Dog 26Lea County, NM77,528 BBLs246,652 MCFFeb 2026
Mad Dog 26 B3NC State ComLea County, NM1,020 BBLs1,525 MCFFeb 2026
Mad Dog 26 MD State Com 001HLea County, NM1,816 BBLs917 MCFFeb 2026
Mad Dog 35 BLea County, NM1,625 BBLs4,396 MCFFeb 2026
Mad Dog 35 CN State ComLea County, NM551 BBLs249 MCFFeb 2026
Mortarboard Federal ComLea County, NM3,777 BBLs8,757 MCFFeb 2026
Toro 36 B3Lea County, NM3,940 BBLs15,668 MCFFeb 2026
ZN 27 22 Federal State ComLea County, NM165,245 BBLs265,362 MCFFeb 2026