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 - Jun 2025 |
| Total Oil Production | 284,438 BBLs |
| Total Gas Production | 306,994 MCF |
| Recent Oil Production | 1,203 BBLs in Jun 2025 |
| Recent Gas Production | 2,910 MCF in Jun 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$43,997 *
MarketMultiple™
$150,200 **
* 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 | 1,345 BBLs | 1,306 MCF | Jun 2025 |
| Airstrip | Lea County, NM | 359 BBLs | 176 MCF | Jun 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,868 BBLs | 490 MCF | Jun 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 36,964 BBLs | 42,549 MCF | Jun 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 | 10,391 BBLs | 8,592 MCF | Jun 2025 |
| Government | Lea County, NM | 460 BBLs | 205 MCF | Jun 2025 |
| King Cobra 2 State | Lea County, NM | 1,990 BBLs | 2,383 MCF | Jun 2025 |
| Merit 6 Eh State Com | Lea County, NM | 680 BBLs | 425 MCF | Jun 2025 |
| Perla Negra Federal Com | Lea County, NM | 16,787 BBLs | 16,418 MCF | Jun 2025 |
| Playa 2 State | Lea County, NM | 706 BBLs | 538 MCF | Jun 2025 |
| Quail 11 State | Lea County, NM | 3,293 BBLs | 3,059 MCF | Jun 2025 |
| Quail Queen Unit | Lea County, NM | 76 BBLs | 0 MCF | Jun 2025 |
| Raptor West 3 State | Lea County, NM | 1,535 BBLs | 2,259 MCF | Jul 2025 |
| Reddy Gulf State | Lea County, NM | 394 BBLs | 0 MCF | Jun 2025 |
| Scharb 10 | Lea County, NM | 3,601 BBLs | 1,807 MCF | Jun 2025 |
| Super Cobra State Com | Lea County, NM | 1,458 BBLs | 450 MCF | Jun 2025 |
| Tomcat Fee | Lea County, NM | 494 BBLs | 15 MCF | Jun 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,443 BBLs | 1,246 MCF | Jun 2025 |
These are the closest 20 companies operating near the Teal 12 State Com property.