Oil & Gas Property in Lea County, NM
Key data points for Wallace State
| County | Lea County, NM |
|---|---|
| Operator | ME-TEX OIL & GAS, INC. |
| Production Dates | Jan 1993 - Feb 2024 |
| Total Oil Production | 352,290 BBLs |
| Total Gas Production | 3,218,022 MCF |
| Recent Oil Production | 691 BBLs in Jan 2024 |
| Recent Gas Production | 3,924 MCF in Jan 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$53,850 *
MarketMultiple™
$119,381 **
* 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 Wallace State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| A J Adkins | Lea County, NM | 660 BBLs | 166 MCF | Jan 2024 |
| Bell Ramsay NCT | Lea County, NM | 0 BBLs | 1,102 MCF | Jan 2024 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,399 MCF | Feb 2024 |
| Eunice Monument | Lea County, NM | 59,769 BBLs | 14,207 MCF | Jan 2024 |
| Evans State | Lea County, NM | 76 BBLs | 640 MCF | Jan 2024 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 358 MCF | Jan 2024 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 68 MCF | Jan 2024 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 1,528 MCF | Jan 2024 |
| Heasley State | Lea County, NM | 0 BBLs | 581 MCF | Jan 2024 |
| J A Akens | Lea County, NM | 37 BBLs | 548 MCF | Jan 2024 |
| J F Janda NCT D | Lea County, NM | 3 BBLs | 145 MCF | Jan 2024 |
| John D Knox | Lea County, NM | 349 BBLs | 1,477 MCF | Jan 2024 |
| M S Berryman | Lea County, NM | 0 BBLs | 73 MCF | Jan 2024 |
| McQuatters | Lea County, NM | 64 BBLs | 1,376 MCF | Feb 2024 |
| Meyer | Lea County, NM | 1,161 BBLs | 15,820 MCF | Feb 2024 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
| New Mexico | Lea County, NM | 9 BBLs | 614 MCF | Jan 2024 |
| R R Bell NCT | Lea County, NM | 52 BBLs | 944 MCF | Jan 2024 |
| Shell State | Lea County, NM | 0 BBLs | 770 MCF | Feb 2024 |
| Turner State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2023 |
These are the closest 20 companies operating near the Wallace State property.