Oil & Gas Property in Lea County, NM
Key data points for Tres Papalotes
| County | Lea County, NM |
|---|---|
| Production Dates | Nov 2003 - Oct 2025 |
| Total Oil Production | 282,472 BBLs |
| Total Gas Production | 285,884 MCF |
| Recent Oil Production | 281 BBLs in Sep 2025 |
| Recent Gas Production | 3 MCF in Sep 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Tres Papalotes
ShaleAssessment™
$12,274 *
MarketMultiple™
$33,653 **
* 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 Tres Papalotes property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bills Hopper | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Calfrope State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2022 |
| Chalupa Aad State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2002 |
| Estacado | Lea County, NM | 112 BBLs | 0 MCF | Sep 2025 |
| Glenn Cleveland | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| High Plains | Lea County, NM | 229 BBLs | 373 MCF | Oct 2025 |
| James Oneil | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mandrell BMR State Com | Lea County, NM | 0 BBLs | 268 MCF | Oct 2025 |
| Maxwell | Lea County, NM | 50 BBLs | 1,948 MCF | Sep 2025 |
| New Grass BJ | Lea County, NM | 0 BBLs | 4,033 MCF | Oct 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Papalotes | Lea County, NM | 54 BBLs | 0 MCF | Oct 2025 |
| Saunders Deep State | Lea County, NM | 1,897 BBLs | 335 MCF | Oct 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Stoltz Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Texas Deep State | Lea County, NM | 1,103 BBLs | 0 MCF | Oct 2025 |
| TMBR 1 | Lea County, NM | 0 BBLs | 0 MCF | May 2007 |
| Uno State | Lea County, NM | 662 BBLs | 2,770 MCF | Sep 2025 |
| West Tres Papalotes Penn Unit | Lea County, NM | 0 BBLs | 0 MCF | May 1997 |
These are the closest 20 companies operating near the Tres Papalotes property.