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 - May 2026 |
| Total Oil Production | 296,520 BBLs |
| Total Gas Production | 336,614 MCF |
| Recent Oil Production | 1,069 BBLs in May 2026 |
| Recent Gas Production | 2,425 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$38,278 *
MarketMultiple™
$135,641 **
* 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 | 2,411 BBLs | 1,294 MCF | May 2026 |
| Airstrip | Lea County, NM | 1,720 BBLs | 667 MCF | May 2026 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,870 BBLs | 1,008 MCF | May 2026 |
| Beefalo 7 6 State Com | Lea County, NM | 22,013 BBLs | 24,024 MCF | May 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 | 6,769 BBLs | 5,432 MCF | May 2026 |
| King Cobra 2 State | Lea County, NM | 2,481 BBLs | 2,647 MCF | May 2026 |
| Merit 6 Eh State Com | Lea County, NM | 588 BBLs | 392 MCF | May 2026 |
| Mongoose Fee | Lea County, NM | 413 BBLs | 268 MCF | May 2026 |
| Perla Negra Federal Com | Lea County, NM | 9,318 BBLs | 10,828 MCF | May 2026 |
| Playa 2 State | Lea County, NM | 1,729 BBLs | 713 MCF | May 2026 |
| Quail 11 State | Lea County, NM | 3,541 BBLs | 4,069 MCF | May 2026 |
| Quail Queen Unit | Lea County, NM | 74 BBLs | 0 MCF | May 2026 |
| Raptor West 3 State | Lea County, NM | 1,840 BBLs | 1,186 MCF | May 2026 |
| Reddy Gulf State | Lea County, NM | 204 BBLs | 0 MCF | May 2026 |
| Scharb 10 | Lea County, NM | 2,832 BBLs | 2,262 MCF | May 2026 |
| Super Cobra State Com | Lea County, NM | 880 BBLs | 561 MCF | May 2026 |
| Tomcat Fee | Lea County, NM | 735 BBLs | 321 MCF | May 2026 |
| Wild Cobra 1 State | Lea County, NM | 1,058 BBLs | 1,144 MCF | May 2026 |
These are the closest 20 companies operating near the Teal 12 State Com property.