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 - Feb 2026 |
| Total Oil Production | 293,340 BBLs |
| Total Gas Production | 328,828 MCF |
| Recent Oil Production | 1,014 BBLs in Feb 2026 |
| Recent Gas Production | 2,425 MCF in Feb 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$39,665 *
MarketMultiple™
$137,947 **
* 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 | 2,734 BBLs | 1,848 MCF | Feb 2026 |
| Airstrip | Lea County, NM | 920 BBLs | 489 MCF | Feb 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,889 BBLs | 1,009 MCF | Feb 2026 |
| Beefalo 7 6 State Com | Lea County, NM | 20,198 BBLs | 18,339 MCF | Feb 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 | 7,724 BBLs | 6,398 MCF | Feb 2026 |
| King Cobra 2 State | Lea County, NM | 1,260 BBLs | 1,249 MCF | Feb 2026 |
| Merit 6 Eh State Com | Lea County, NM | 533 BBLs | 397 MCF | Feb 2026 |
| Mongoose Fee | Lea County, NM | 471 BBLs | 514 MCF | Feb 2026 |
| Perla Negra Federal Com | Lea County, NM | 11,008 BBLs | 10,290 MCF | Feb 2026 |
| Playa 2 State | Lea County, NM | 1,472 BBLs | 1,083 MCF | Feb 2026 |
| Quail 11 State | Lea County, NM | 3,492 BBLs | 3,100 MCF | Feb 2026 |
| Quail Queen Unit | Lea County, NM | 66 BBLs | 0 MCF | Feb 2026 |
| Raptor West 3 State | Lea County, NM | 1,108 BBLs | 593 MCF | Feb 2026 |
| Reddy Gulf State | Lea County, NM | 154 BBLs | 0 MCF | Feb 2026 |
| Scharb 10 | Lea County, NM | 2,187 BBLs | 1,582 MCF | Feb 2026 |
| Super Cobra State Com | Lea County, NM | 1,237 BBLs | 753 MCF | Feb 2026 |
| Tomcat Fee | Lea County, NM | 906 BBLs | 392 MCF | Feb 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,271 BBLs | 1,381 MCF | Feb 2026 |
These are the closest 20 companies operating near the Teal 12 State Com property.