Oil & Gas Property in Lea County, NM
Key data points for Tres Papalotes
| County | Lea County, NM |
|---|---|
| Production Dates | Nov 2003 - Nov 2025 |
| Total Oil Production | 282,778 BBLs |
| Total Gas Production | 285,885 MCF |
| Recent Oil Production | 306 BBLs in Nov 2025 |
| Recent Gas Production | 1 MCF in Nov 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Tres Papalotes
ShaleAssessment™
$12,119 *
MarketMultiple™
$33,397 **
* 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 | Aug 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 | 106 BBLs | 0 MCF | Nov 2025 |
| Glenn Cleveland | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| High Plains | Lea County, NM | 240 BBLs | 382 MCF | Nov 2025 |
| James Oneil | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mandrell BMR State Com | Lea County, NM | 0 BBLs | 271 MCF | Nov 2025 |
| Maxwell | Lea County, NM | 23 BBLs | 429 MCF | Nov 2025 |
| New Grass BJ | Lea County, NM | 132 BBLs | 3,637 MCF | Nov 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Papalotes | Lea County, NM | 53 BBLs | 0 MCF | Nov 2025 |
| Saunders Deep State | Lea County, NM | 1,889 BBLs | 229 MCF | Nov 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 | 1,035 BBLs | 0 MCF | Nov 2025 |
| TMBR 1 | Lea County, NM | 0 BBLs | 0 MCF | May 2007 |
| Uno State | Lea County, NM | 266 BBLs | 1,687 MCF | Nov 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.