Oil & Gas Property in Lea County, NM
Key data points for State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Nov 2025 |
| Total Oil Production | 1,087,204 BBLs |
| Total Gas Production | 1,910,375 MCF |
| Recent Oil Production | 409 BBLs in Nov 2025 |
| Recent Gas Production | 1,081 MCF in Nov 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for State
ShaleAssessment™
$25,934 *
MarketMultiple™
$67,696 **
* 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 |
|---|---|---|---|---|
| Anderson | Lea County, NM | 0 BBLs | 0 MCF | Jul 2001 |
| B E Shipp | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Buddy 9 | Lea County, NM | 234 BBLs | 836 MCF | Nov 2025 |
| Carter-Shipp Strawn Unit | Lea County, NM | 0 BBLs | 0 MCF | Oct 2004 |
| Caudill | Lea County, NM | 256 BBLs | 333 MCF | Nov 2025 |
| Easley 6 | Lea County, NM | 502 BBLs | 2,409 MCF | Nov 2025 |
| East Lovington 8 | Lea County, NM | 0 BBLs | 0 MCF | Feb 2024 |
| Gaines Baty State Com | Lea County, NM | 3,675 BBLs | 5,240 MCF | Nov 2025 |
| H T Montieth | Lea County, NM | 0 BBLs | 0 MCF | Sep 2025 |
| Higgins Trust Inc | Lea County, NM | 0 BBLs | 0 MCF | Mar 2019 |
| Hummingbird Adm State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2022 |
| J P Dean | Lea County, NM | 0 BBLs | 0 MCF | Jul 2014 |
| Kim 1 | Lea County, NM | 454 BBLs | 371 MCF | Nov 2025 |
| Kim Harris | Lea County, NM | 0 BBLs | 0 MCF | Jul 1994 |
| Lovington | Lea County, NM | 0 BBLs | 0 MCF | Nov 2019 |
| Mallon C State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2005 |
| Monsanto 30 State | Lea County, NM | 93 BBLs | 30 MCF | Nov 2025 |
| Montieth | Lea County, NM | 0 BBLs | 0 MCF | Jul 2010 |
| Pennzoil State | Lea County, NM | 0 BBLs | 0 MCF | May 2010 |
| Tim Parker 18 16S 37e State | Lea County, NM | 4,719 BBLs | 5,900 MCF | Nov 2025 |
These are the closest 20 companies operating near the State property.