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 2025 |
| Total Oil Production | 283,235 BBLs |
| Total Gas Production | 304,084 MCF |
| Recent Oil Production | 1,106 BBLs in May 2025 |
| Recent Gas Production | 2,694 MCF in May 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$44,546 *
MarketMultiple™
$157,225 **
* 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 | 1,157 BBLs | 878 MCF | May 2025 |
| Airstrip | Lea County, NM | 1,164 BBLs | 571 MCF | May 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,700 BBLs | 757 MCF | May 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 27,819 BBLs | 31,283 MCF | May 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 | 8,642 BBLs | 5,768 MCF | May 2025 |
| Government | Lea County, NM | 503 BBLs | 217 MCF | May 2025 |
| King Cobra 2 State | Lea County, NM | 1,828 BBLs | 2,002 MCF | May 2025 |
| Merit 6 Eh State Com | Lea County, NM | 953 BBLs | 461 MCF | May 2025 |
| Perla Negra Federal Com | Lea County, NM | 11,210 BBLs | 10,750 MCF | May 2025 |
| Playa 2 State | Lea County, NM | 713 BBLs | 651 MCF | May 2025 |
| Quail 11 State | Lea County, NM | 2,668 BBLs | 2,314 MCF | May 2025 |
| Quail Queen Unit | Lea County, NM | 67 BBLs | 0 MCF | May 2025 |
| Raptor West 3 State | Lea County, NM | 2,270 BBLs | 2,339 MCF | May 2025 |
| Reddy Gulf State | Lea County, NM | 399 BBLs | 0 MCF | May 2025 |
| Scharb 10 | Lea County, NM | 5,859 BBLs | 3,583 MCF | May 2025 |
| Super Cobra State Com | Lea County, NM | 1,296 BBLs | 754 MCF | May 2025 |
| Tomcat Fee | Lea County, NM | 739 BBLs | 216 MCF | May 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,326 BBLs | 1,212 MCF | May 2025 |
These are the closest 20 companies operating near the Teal 12 State Com property.