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 - Oct 2025 |
| Total Oil Production | 3,921,810 BBLs |
| Total Gas Production | 15,230,667 MCF |
| Recent Oil Production | 10,887 BBLs in Sep 2025 |
| Recent Gas Production | 49,844 MCF in Sep 2025 |
| Wells on Property | 12 |
Our Valuation Estimates for Vast State
ShaleAssessment™
$289,854 *
MarketMultiple™
$1,359,014 **
* 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 | 5,811 BBLs | 17,996 MCF | Oct 2025 |
| El Mar 21 A3cn Federal Com | Lea County, NM | 1,627 BBLs | 11,969 MCF | Sep 2025 |
| El Mar 21 B1DM Federal Com | Lea County, NM | 2,412 BBLs | 8,679 MCF | Sep 2025 |
| El Mar 21 B2DM Federal Com | Lea County, NM | 4,497 BBLs | 26,420 MCF | Sep 2025 |
| El Mar 21 H3CN Federal Com | Lea County, NM | 1,653 BBLs | 5,774 MCF | Sep 2025 |
| El Mar 21 H3DM Federal Com | Lea County, NM | 6,001 BBLs | 19,339 MCF | Sep 2025 |
| El Mar 21 W0CN Federal Com | Lea County, NM | 304 BBLs | 1,233 MCF | Sep 2025 |
| El Mar 21 W0DM Federal Com | Lea County, NM | 981 BBLs | 7,102 MCF | Sep 2025 |
| El Mar 21 W1CN Federal Com | Lea County, NM | 978 BBLs | 4,633 MCF | Sep 2025 |
| El Mar 21 W1DM Federal Com | Lea County, NM | 791 BBLs | 2,776 MCF | Sep 2025 |
| El Mar 21 W2DM Federal Com | Lea County, NM | 10,521 BBLs | 45,573 MCF | Sep 2025 |
| Orrtanna 20 Federal | Lea County, NM | 63,809 BBLs | 144,995 MCF | Oct 2025 |
| Salado Draw 1 | Lea County, NM | 88,276 BBLs | 356,136 MCF | Sep 2025 |
| Salado Draw 16 9 B | Lea County, NM | 22,383 BBLs | 90,533 MCF | Sep 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2017 |
| Zach 17 8 Federal Com | Lea County, NM | 40,391 BBLs | 187,469 MCF | Sep 2025 |
| Zach 17 8 W0MD Federal Com | Lea County, NM | 7,526 BBLs | 23,294 MCF | Sep 2025 |
| Zach 17 8 W1 | Lea County, NM | 12,676 BBLs | 38,469 MCF | Sep 2025 |
| Zach 17 Federal | Lea County, NM | 2,615 BBLs | 1,472 MCF | Sep 2025 |
| Zach 17 W0NC Federal | Lea County, NM | 6,959 BBLs | 21,337 MCF | Sep 2025 |
These are the closest 20 companies operating near the Vast State property.