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 - May 2025
Total Oil Production1,083,816 BBLs
Total Gas Production1,904,570 MCF
Recent Oil Production964 BBLs in May 2025
Recent Gas Production804 MCF in May 2025
Wells on Property11

Our Valuation Estimates for State

ShaleAssessment™

$27,911 *

MarketMultiple™

$35,104 **

* 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 May 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-23079STATE 16 001CIMAREX ENERGY CO. OF COLORADOPlugged (Not Released)Lea County, NM32.916557-103.261673
30-025-27578STATE 7 001SWIFT ENERGY COPluggedLea County, NM32.931267-103.293167
30-025-28455STATE 21 002AMERIND OIL CO L PPluggedLea County, NM32.909302-103.261696
30-025-29016STATE SEC 9 001RAYBAW Operating, LLCActiveLea County, NM32.942055-103.252983
30-025-29796STATE 16 003CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.920189-103.248779
30-025-30043STATE 16 004CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.924782-103.256966
30-025-30536STATE 12 AA 001CIMAREX ENERGY CO. OF COLORADOPlugged (Not Released)Lea County, NM32.935085-103.302231
30-025-30579STATE 21 003CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.910214-103.247734
30-025-30926STATE 16 005CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.921093-103.260880
30-025-34238STATE 3 001ARMSTRONG ENERGY CORPActiveLea County, NM32.938305-103.306366
30-025-35324STATE SEC 9 002RAYBAW Operating, LLCActiveLea County, NM32.939461-103.258820

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10766STATE 7SWIFT ENERGY COLea County, NM
14558STATE 21AMERIND OIL CO L PLea County, NM
29042STATE 16CIMAREX ENERGY CO. OF COLORADOLea County, NM
29043STATE 21CIMAREX ENERGY CO. OF COLORADOLea County, NM
300554STATE 12 AACIMAREX ENERGY CO. OF COLORADOLea County, NM
320121STATE 3ARMSTRONG ENERGY CORPLea County, NM
336964STATE SEC 9RAYBAW Operating, LLCLea 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
AndersonLea County, NM0 BBLs0 MCFJul 2001
B E ShippLea County, NM0 BBLs0 MCFApr 2025
Buddy 9Lea County, NM207 BBLs975 MCFMay 2025
Carter-Shipp Strawn UnitLea County, NM0 BBLs0 MCFOct 2004
CaudillLea County, NM0 BBLs0 MCFApr 2025
East Lovington 8Lea County, NM0 BBLs0 MCFFeb 2024
Gaines Baty State ComLea County, NM12,905 BBLs19,223 MCFMay 2025
H T MontiethLea County, NM203 BBLs0 MCFMay 2025
Higgins Trust IncLea County, NM0 BBLs0 MCFMar 2019
Hummingbird Adm StateLea County, NM0 BBLs0 MCFMar 2022
J P DeanLea County, NM0 BBLs0 MCFJul 2014
Kim 1Lea County, NM423 BBLs364 MCFMay 2025
Kim HarrisLea County, NM0 BBLs0 MCFJul 1994
LovingtonLea County, NM0 BBLs0 MCFNov 2019
Mallon C StateLea County, NM0 BBLs0 MCFSep 2005
Monsanto 30 StateLea County, NM156 BBLs33 MCFMay 2025
MontiethLea County, NM0 BBLs0 MCFJul 2010
Olivine 05 16 37 TL StateLea County, NM412 BBLs439 MCFMay 2025
Pennzoil StateLea County, NM0 BBLs0 MCFMay 2010
Tim Parker 18 16S 37e StateLea County, NM3,148 BBLs3,813 MCFMay 2025

Companies in the Area

These are the closest 20 companies operating near the State property.

Company Name
3tec Energy Corporation
Acacia Operating Company, LLC
Armstrong Energy Corporation
Bepco, L.P.
Breck Operating Corp.
Bta Oil Producers
Bta Oil Producers, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
EOG Resources, Inc.
EOG Y Resources Inc
Grizzly Operating LLC
Harvey E Yates Company
Legacy Reserves Operating LP
Matador Production Company
Nearburg Producing Company
Pure Energy Operating, Inc.
Raybaw Operating, LLC
T2 Operating Corporation