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 - Jul 2025 |
| Total Oil Production | 285,640 BBLs |
| Total Gas Production | 310,100 MCF |
| Recent Oil Production | 1,202 BBLs in Jul 2025 |
| Recent Gas Production | 3,106 MCF in Jul 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$43,443 *
MarketMultiple™
$148,345 **
* 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 | 1,878 BBLs | 1,454 MCF | Jul 2025 |
| Airstrip | Lea County, NM | 260 BBLs | 81 MCF | Jul 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,788 BBLs | 487 MCF | Jul 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 34,227 BBLs | 39,652 MCF | Jul 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 | 9,390 BBLs | 6,930 MCF | Jul 2025 |
| King Cobra 2 State | Lea County, NM | 1,767 BBLs | 1,994 MCF | Jul 2025 |
| Merit 6 Eh State Com | Lea County, NM | 361 BBLs | 187 MCF | Jul 2025 |
| Mongoose Fee | Lea County, NM | 516 BBLs | 425 MCF | Jul 2025 |
| Perla Negra Federal Com | Lea County, NM | 12,593 BBLs | 11,575 MCF | Jul 2025 |
| Playa 2 State | Lea County, NM | 457 BBLs | 514 MCF | Aug 2025 |
| Quail 11 State | Lea County, NM | 2,350 BBLs | 2,528 MCF | Jul 2025 |
| Quail Queen Unit | Lea County, NM | 79 BBLs | 0 MCF | Jul 2025 |
| Raptor West 3 State | Lea County, NM | 1,769 BBLs | 1,966 MCF | Aug 2025 |
| Reddy Gulf State | Lea County, NM | 380 BBLs | 0 MCF | Jul 2025 |
| Scharb 10 | Lea County, NM | 4,450 BBLs | 2,480 MCF | Jul 2025 |
| Super Cobra State Com | Lea County, NM | 1,429 BBLs | 848 MCF | Jul 2025 |
| Tomcat Fee | Lea County, NM | 768 BBLs | 66 MCF | Jul 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,310 BBLs | 1,299 MCF | Jul 2025 |
These are the closest 20 companies operating near the Teal 12 State Com property.