Oil & Gas Property in Lea County, NM
Key data points for Strait BL
| County | Lea County, NM | 
|---|---|
| Production Dates | Sep 2003 - Jul 2025 | 
| Total Oil Production | 25,474 BBLs | 
| Total Gas Production | 1,705,438 MCF | 
| Recent Oil Production | 0 BBLs in Jul 2025 | 
| Recent Gas Production | 1,156 MCF in Jul 2025 | 
| Wells on Property | 3 | 
Our Valuation Estimates for Strait BL
ShaleAssessment™
$11,259 *
MarketMultiple™
$4,360 **
* 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 Strait BL property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period | 
|---|---|---|---|---|
| Blitzen Aub State | Lea County, NM | 30 BBLs | 2,707 MCF | Jul 2025 | 
| Carper McAlester Ate State | Lea County, NM | 106 BBLs | 1,382 MCF | Jul 2025 | 
| Continental State | Lea County, NM | 0 BBLs | 0 MCF | Nov 1996 | 
| DH 5 State | Lea County, NM | 387 BBLs | 2,205 MCF | Jul 2025 | 
| Eagle 8806 JV-P | Lea County, NM | 99 BBLs | 0 MCF | Aug 2025 | 
| East Sand Springs B | Lea County, NM | 0 BBLs | 628 MCF | Jul 2025 | 
| Judson Auu State Com | Lea County, NM | 0 BBLs | 0 MCF | Feb 2022 | 
| Lagarto Amz State | Lea County, NM | 46 BBLs | 4,100 MCF | Jul 2025 | 
| Mattea Bfa State | Lea County, NM | 0 BBLs | 0 MCF | May 2022 | 
| Merle Bo | Lea County, NM | 591 BBLs | 8,503 MCF | Jul 2025 | 
| Merle Boj State Com | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 | 
| Merle State Unit | Lea County, NM | 0 BBLs | 0 MCF | Sep 2007 | 
| Penroc | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 | 
| Sand Springs Asu State | Lea County, NM | 0 BBLs | 3,453 MCF | Jul 2025 | 
| Shinnery Azg State | Lea County, NM | 332 BBLs | 2,707 MCF | Jul 2025 | 
| Simanola Amw State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2020 | 
| State | Lea County, NM | 30 BBLs | 100 MCF | Jul 2025 | 
| Taco Auk State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2021 | 
| Waylon BLX State Com | Lea County, NM | 33 BBLs | 7,198 MCF | Jul 2025 | 
| Waylon BLZ State Com | Lea County, NM | 0 BBLs | 927 MCF | Jul 2025 | 
These are the closest 20 companies operating near the Strait BL property.