Oil & Gas Property in Lea County, NM
Key data points for Tangerine BRT State
| County | Lea County, NM |
|---|---|
| Operator | PERMIAN RESOURCES OPERATING, LLC |
| Production Dates | May 2015 - May 2026 |
| Total Oil Production | 152,508 BBLs |
| Total Gas Production | 273,978 MCF |
| Recent Oil Production | 1,516 BBLs in May 2026 |
| Recent Gas Production | 2,112 MCF in May 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Tangerine BRT State
ShaleAssessment™
$10,167 *
MarketMultiple™
$182,668 **
* 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 Tangerine BRT State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bobtail 8605 26 23 State Com | Lea County, NM | 28,102 BBLs | 23,788 MCF | May 2026 |
| Byers | Lea County, NM | 43 BBLs | 1,291 MCF | May 2026 |
| Grama Ridge State Com | Lea County, NM | 20,005 BBLs | 53,875 MCF | May 2026 |
| King Eider 12 | Lea County, NM | 3,255 BBLs | 2,108 MCF | May 2026 |
| Lookin Good 34 State Com | Lea County, NM | 14,163 BBLs | 15,834 MCF | May 2026 |
| Lost Mine 22302 26 23 Fed Com | Lea County, NM | 26,468 BBLs | 18,718 MCF | May 2026 |
| Mango BRM State | Lea County, NM | 1,141 BBLs | 2,571 MCF | May 2026 |
| Manzanita State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Morpheus 25 36 State Com | Lea County, NM | 6,166 BBLs | 10,242 MCF | May 2026 |
| Neuhaus 14 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| Prairie Fire State | Lea County, NM | 0 BBLs | 2,125 MCF | May 2026 |
| Ranger 33 State Com | Lea County, NM | 1,814 BBLs | 2,109 MCF | May 2026 |
| Ranger State 33 20 35 RN | Lea County, NM | 479 BBLs | 710 MCF | May 2026 |
| Red Raider State | Lea County, NM | 0 BBLs | 0 MCF | May 2013 |
| Sims 13 State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Southeast Lea Unit | Lea County, NM | 0 BBLs | 263 MCF | May 2026 |
| Uncle Ches 21 16 Federal Com | Lea County, NM | 13,708 BBLs | 14,469 MCF | May 2026 |
| Watkins | Lea County, NM | 0 BBLs | 0 MCF | Apr 2020 |
| Winnebago 30 State Com 304H | Lea County, NM | 9,693 BBLs | 53,371 MCF | May 2026 |
| Woody 22 Federal Com | Lea County, NM | 17,195 BBLs | 32,823 MCF | May 2026 |
These are the closest 20 companies operating near the Tangerine BRT State property.