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 - Nov 2025 |
| Total Oil Production | 290,100 BBLs |
| Total Gas Production | 321,527 MCF |
| Recent Oil Production | 1,142 BBLs in Nov 2025 |
| Recent Gas Production | 2,699 MCF in Nov 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Teal 12 State Com
ShaleAssessment™
$41,160 *
MarketMultiple™
$141,750 **
* 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 | 1,858 BBLs | 848 MCF | Nov 2025 |
| Airstrip | Lea County, NM | 1,512 BBLs | 714 MCF | Nov 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 25,855 BBLs | 27,159 MCF | Nov 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 | 11,343 BBLs | 9,639 MCF | Nov 2025 |
| Government | Lea County, NM | 535 BBLs | 207 MCF | Nov 2025 |
| King Cobra 2 State | Lea County, NM | 2,112 BBLs | 2,220 MCF | Nov 2025 |
| Merit 6 Eh State Com | Lea County, NM | 311 BBLs | 237 MCF | Nov 2025 |
| Mongoose Fee | Lea County, NM | 471 BBLs | 594 MCF | Nov 2025 |
| Perla Negra Federal Com | Lea County, NM | 13,360 BBLs | 13,894 MCF | Nov 2025 |
| Playa 2 State | Lea County, NM | 597 BBLs | 645 MCF | Nov 2025 |
| Quail 11 State | Lea County, NM | 2,600 BBLs | 2,424 MCF | Nov 2025 |
| Quail Queen Unit | Lea County, NM | 62 BBLs | 0 MCF | Nov 2025 |
| Raptor West 3 State | Lea County, NM | 981 BBLs | 1,818 MCF | Nov 2025 |
| Reddy Gulf State | Lea County, NM | 138 BBLs | 0 MCF | Nov 2025 |
| Scharb 10 | Lea County, NM | 3,350 BBLs | 2,247 MCF | Nov 2025 |
| Super Cobra State Com | Lea County, NM | 1,430 BBLs | 835 MCF | Nov 2025 |
| Tomcat Fee | Lea County, NM | 877 BBLs | 273 MCF | Nov 2025 |
| Wild Cobra 1 State | Lea County, NM | 1,348 BBLs | 1,199 MCF | Nov 2025 |
These are the closest 20 companies operating near the Teal 12 State Com property.