Oil & Gas Property in Lea County, NM
Key data points for Teal 12 State Com
| County | Lea County, NM |
|---|---|
| Operator | COTERRA ENERGY OPERATING CO. |
| Production Dates | Sep 2014 - Mar 2026 |
| Total Oil Production | 294,432 BBLs |
| Total Gas Production | 331,532 MCF |
| Recent Oil Production | 1,092 BBLs in Mar 2026 |
| Recent Gas Production | 2,704 MCF in Mar 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$39,207 *
MarketMultiple™
$135,030 **
* 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 Teal 12 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 2,946 BBLs | 2,389 MCF | Apr 2026 |
| Airstrip | Lea County, NM | 1,838 BBLs | 892 MCF | Apr 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 2,010 BBLs | 1,159 MCF | Apr 2026 |
| Beefalo 7 6 State Com | Lea County, NM | 18,492 BBLs | 18,768 MCF | Mar 2026 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Go State | Lea County, NM | 5,142 BBLs | 4,981 MCF | May 2026 |
| King Cobra 2 State | Lea County, NM | 2,049 BBLs | 1,825 MCF | Apr 2026 |
| Merit 6 Eh State Com | Lea County, NM | 579 BBLs | 423 MCF | Mar 2026 |
| Mongoose Fee | Lea County, NM | 520 BBLs | 708 MCF | Apr 2026 |
| Perla Negra Federal Com | Lea County, NM | 8,550 BBLs | 9,589 MCF | Mar 2026 |
| Playa 2 State | Lea County, NM | 1,797 BBLs | 1,544 MCF | Mar 2026 |
| Quail 11 State | Lea County, NM | 3,882 BBLs | 3,745 MCF | Mar 2026 |
| Quail Queen Unit | Lea County, NM | 84 BBLs | 0 MCF | Mar 2026 |
| Raptor West 3 State | Lea County, NM | 1,626 BBLs | 1,284 MCF | Apr 2026 |
| Reddy Gulf State | Lea County, NM | 160 BBLs | 0 MCF | Mar 2026 |
| Scharb 10 | Lea County, NM | 3,103 BBLs | 2,112 MCF | Mar 2026 |
| Super Cobra State Com | Lea County, NM | 1,271 BBLs | 888 MCF | Apr 2026 |
| Tomcat Fee | Lea County, NM | 973 BBLs | 419 MCF | Apr 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,360 BBLs | 1,456 MCF | Apr 2026 |
These are the closest 20 companies operating near the Teal 12 State Com property.