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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State

CountyLea County, NM
Production DatesJan 1993 - Aug 2025
Total Oil Production106,446 BBLs
Total Gas Production24,436 MCF
Recent Oil Production22 BBLs in Jul 2025
Recent Gas Production0 MCF in Jul 2025
Wells on Property9

Our Valuation Estimates for State

ShaleAssessment™

Not Available

MarketMultiple™

$5,301 **

* 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 Aug 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-04981STATE 13 003ENSERCH EXPLORATION INCPluggedLea County, NM33.506981-103.190483
30-025-24716STATE 32 001V-F PETROLEUM INCPluggedLea County, NM33.484825-103.168373
30-025-24746STATE 5 001ROVER OPERATING, LLCPluggedLea County, NM33.478344-103.168335
30-025-27511STATE 7 001Big Star Investments, LLCActiveLea County, NM33.462521-103.190392
30-025-28286STATE 32 002V-F PETROLEUM INCPluggedLea County, NM33.486118-103.167755
30-025-31520STATE SWD 001COBRA OIL & GAS CORPORATIONPluggedLea County, NM33.531502-103.156410
30-025-33899STATE 16 001COBRA OIL & GAS CORPORATIONPluggedLea County, NM33.527878-103.152603
30-025-34049STATE 7 001COBRA OIL & GAS CORPORATIONPluggedLea County, NM33.455990-103.185669
30-025-34070STATE 16 001YSTEARNSActiveLea County, NM33.527878-103.152435

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
11536STATE 32V-F PETROLEUM INCLea County, NM
20657STATE 16COBRA OIL & GAS CORPORATIONLea County, NM
21059STATE 7COBRA OIL & GAS CORPORATIONLea County, NM
23245STATE SWDCOBRA OIL & GAS CORPORATIONLea County, NM
28926STATE 16STEARNSLea County, NM
312841STATE 5STANOLIND OPERATING LLC DBA STANOLIND NM LLCLea County, NM
317817STATE 5ROVER OPERATING, LLCLea County, NM
332845STATE 7Big Star Investments, LLCLea County, NM
4099STATE 13ENSERCH EXPLORATION INCLea 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
Adlong 5Lea County, NM0 BBLs0 MCFJun 2025
Allied 93Lea County, NM0 BBLs0 MCFJun 2019
ArcoLea County, NM0 BBLs0 MCFNov 2024
BilbreyLea County, NM0 BBLs0 MCFApr 2020
BrownLea County, NM0 BBLs0 MCFSep 2023
Coastal Santa FeLea County, NM0 BBLs0 MCFJun 2025
Cox FederalLea County, NM0 BBLs0 MCFNov 2024
Crossroads Siluro Devonian UnitLea County, NM4,210 BBLs0 MCFJul 2025
FederalLea County, NM0 BBLs0 MCFJun 2025
Federal 4Lea County, NM0 BBLs0 MCFJun 2025
Harton StateLea County, NM0 BBLs0 MCFApr 2023
McDermott FederalLea County, NM35 BBLs121 MCFJul 2025
Pearl MarrLea County, NM0 BBLs0 MCFMar 2025
Santa FeLea County, NM0 BBLs0 MCFJun 2009
SawyerLea County, NM0 BBLs0 MCFJun 2025
SFPRRLea County, NM0 BBLs0 MCFJun 2025
SV Sundown StateLea County, NM0 BBLs0 MCFSep 2008
U D SawyerLea County, NM0 BBLs0 MCFMar 1997
U S M 00Lea County, NM0 BBLs0 MCFJun 2025
Wiser StateLea County, NM93 BBLs0 MCFAug 2025

Companies in the Area

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

Company Name
Dugan Production Corp
El Paso Production Oil & Gas Co.
EOG Y Resources Inc
Faith Trading, LLC
Julian Ard
M C Gandy & Dale Gandy
M G Oil Inc
Mar Oil & Gas Corp.
Meteor Developments Inc
Mobil Producing Texas & New Mexico
Permian Resources, Inc.
Reliance Energy, Inc.
Ridgeway Arizona Oil Corp.
Robinson Oil Inc
Roswell Operating, LLC
Rover Operating, LLC
Saga Petroleum Limited Liability Co.
Stearns
VPR Operating LLC
Wyatt Permian, LLC