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 - Dec 2025 |
| Total Oil Production | 291,263 BBLs |
| Total Gas Production | 324,058 MCF |
| Recent Oil Production | 1,163 BBLs in Dec 2025 |
| Recent Gas Production | 2,647 MCF in Dec 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$40,568 *
MarketMultiple™
$141,462 **
* 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 | 1,962 BBLs | 1,019 MCF | Dec 2025 |
| Airstrip | Lea County, NM | 1,821 BBLs | 849 MCF | Dec 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 2,498 BBLs | 1,176 MCF | Dec 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 25,721 BBLs | 28,667 MCF | Dec 2025 |
| 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 | 10,573 BBLs | 9,828 MCF | Dec 2025 |
| King Cobra 2 State | Lea County, NM | 1,717 BBLs | 1,807 MCF | Dec 2025 |
| Merit 6 Eh State Com | Lea County, NM | 961 BBLs | 583 MCF | Dec 2025 |
| Mongoose Fee | Lea County, NM | 545 BBLs | 781 MCF | Dec 2025 |
| Perla Negra Federal Com | Lea County, NM | 13,415 BBLs | 14,446 MCF | Dec 2025 |
| Playa 2 State | Lea County, NM | 613 BBLs | 573 MCF | Dec 2025 |
| Quail 11 State | Lea County, NM | 2,985 BBLs | 2,613 MCF | Dec 2025 |
| Quail Queen Unit | Lea County, NM | 39 BBLs | 0 MCF | Dec 2025 |
| Raptor West 3 State | Lea County, NM | 776 BBLs | 1,389 MCF | Dec 2025 |
| Reddy Gulf State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Scharb 10 | Lea County, NM | 2,760 BBLs | 1,900 MCF | Dec 2025 |
| Super Cobra State Com | Lea County, NM | 1,249 BBLs | 637 MCF | Dec 2025 |
| Tomcat Fee | Lea County, NM | 912 BBLs | 276 MCF | Dec 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,857 BBLs | 1,421 MCF | Dec 2025 |
These are the closest 20 companies operating near the Teal 12 State Com property.