Oil & Gas Property in Lea County, NM
Key data points for Vast State
| County | Lea County, NM |
|---|---|
| Operator | COG OPERATING LLC |
| Production Dates | Sep 2016 - Aug 2025 |
| Total Oil Production | 3,899,447 BBLs |
| Total Gas Production | 15,123,162 MCF |
| Recent Oil Production | 14,642 BBLs in Jul 2025 |
| Recent Gas Production | 58,998 MCF in Jul 2025 |
| Wells on Property | 12 |
Our Valuation Estimates for Vast State
ShaleAssessment™
$302,210 *
MarketMultiple™
$1,234,079 **
* 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 Vast State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Braswell 16 State | Lea County, NM | 5,934 BBLs | 19,821 MCF | Jul 2025 |
| El Mar 21 A3cn Federal Com | Lea County, NM | 1,566 BBLs | 12,332 MCF | Jul 2025 |
| El Mar 21 A3dm Federal Com | Lea County, NM | 1,693 BBLs | 7,650 MCF | Jul 2025 |
| El Mar 21 B1DM Federal Com | Lea County, NM | 2,557 BBLs | 16,573 MCF | Jul 2025 |
| El Mar 21 B2DM Federal Com | Lea County, NM | 5,527 BBLs | 30,640 MCF | Jul 2025 |
| El Mar 21 H3CN Federal Com | Lea County, NM | 1,662 BBLs | 5,290 MCF | Jul 2025 |
| El Mar 21 H3DM Federal Com | Lea County, NM | 3,580 BBLs | 13,050 MCF | Jul 2025 |
| El Mar 21 W0CN Federal Com | Lea County, NM | 771 BBLs | 4,545 MCF | Jul 2025 |
| El Mar 21 W1CN Federal Com | Lea County, NM | 938 BBLs | 4,649 MCF | Jul 2025 |
| El Mar 21 W1DM Federal Com | Lea County, NM | 1,112 BBLs | 3,386 MCF | Jul 2025 |
| El Mar 21 W2DM Federal Com | Lea County, NM | 12,361 BBLs | 49,148 MCF | Jul 2025 |
| Orrtanna 20 Federal | Lea County, NM | 55,403 BBLs | 269,011 MCF | Jul 2025 |
| Salado Draw 1 | Lea County, NM | 99,489 BBLs | 366,933 MCF | Jul 2025 |
| Salado Draw 16 9 B | Lea County, NM | 24,353 BBLs | 97,475 MCF | Jul 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2017 |
| Zach 17 8 Federal Com | Lea County, NM | 53,068 BBLs | 258,717 MCF | Jul 2025 |
| Zach 17 8 W0MD Federal Com | Lea County, NM | 6,118 BBLs | 13,684 MCF | Jul 2025 |
| Zach 17 8 W1 | Lea County, NM | 12,137 BBLs | 29,879 MCF | Jul 2025 |
| Zach 17 Federal | Lea County, NM | 1,726 BBLs | 860 MCF | Jul 2025 |
| Zach 17 W0NC Federal | Lea County, NM | 5,921 BBLs | 13,086 MCF | Jul 2025 |
These are the closest 20 companies operating near the Vast State property.