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 - Aug 2025 |
| Total Oil Production | 367,027 BBLs |
| Total Gas Production | 3,329,945 MCF |
| Recent Oil Production | 794 BBLs in Jul 2025 |
| Recent Gas Production | 6,293 MCF in Jul 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$42,631 *
MarketMultiple™
$119,971 **
* 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 | 693 BBLs | 1,914 MCF | Jul 2025 |
| Bell Ramsay NCT | Lea County, NM | 221 BBLs | 1,891 MCF | Jul 2025 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,548 MCF | Jul 2025 |
| Eunice Monument | Lea County, NM | 29,293 BBLs | 15,570 MCF | Aug 2025 |
| Evans State | Lea County, NM | 118 BBLs | 584 MCF | Jul 2025 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 2,308 MCF | Jul 2025 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 395 MCF | Jul 2025 |
| Heasley State | Lea County, NM | 0 BBLs | 279 MCF | Jul 2025 |
| J A Akens | Lea County, NM | 303 BBLs | 437 MCF | Jul 2025 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 544 MCF | Jul 2025 |
| John D Knox | Lea County, NM | 0 BBLs | 1,279 MCF | Jul 2025 |
| M S Berryman | Lea County, NM | 0 BBLs | 22 MCF | Aug 2025 |
| McQuatters | Lea County, NM | 674 BBLs | 2,226 MCF | Aug 2025 |
| Meyer | Lea County, NM | 774 BBLs | 17,106 MCF | Jul 2025 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 2,292 MCF | Aug 2025 |
| New Mexico | Lea County, NM | 46 BBLs | 132 MCF | Jul 2025 |
| R R Bell NCT | Lea County, NM | 90 BBLs | 1,611 MCF | Jul 2025 |
| Shell State | Lea County, NM | 0 BBLs | 543 MCF | Aug 2025 |
| Turner State | Lea County, NM | 0 BBLs | 2,106 MCF | Aug 2025 |
These are the closest 20 companies operating near the Wallace State property.