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 - Dec 2025 |
| Total Oil Production | 370,477 BBLs |
| Total Gas Production | 3,355,253 MCF |
| Recent Oil Production | 889 BBLs in Dec 2025 |
| Recent Gas Production | 6,333 MCF in Dec 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$40,324 *
MarketMultiple™
$114,510 **
* 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 | 655 BBLs | 1,735 MCF | Dec 2025 |
| Bell Ramsay NCT | Lea County, NM | 233 BBLs | 2,463 MCF | Dec 2025 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,573 MCF | Dec 2025 |
| Eunice Monument | Lea County, NM | 17,089 BBLs | 9,146 MCF | Dec 2025 |
| Evans State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 243 MCF | Dec 2025 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 1,402 MCF | Dec 2025 |
| Heasley State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| J A Akens | Lea County, NM | 345 BBLs | 937 MCF | Dec 2025 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 371 MCF | Dec 2025 |
| John D Knox | Lea County, NM | 0 BBLs | 1,759 MCF | Dec 2025 |
| Kincheloe 2 State | Lea County, NM | 255 BBLs | 368 MCF | Dec 2025 |
| McQuatters | Lea County, NM | 356 BBLs | 2,149 MCF | Dec 2025 |
| Meyer | Lea County, NM | 799 BBLs | 20,289 MCF | Dec 2025 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 1,346 MCF | Dec 2025 |
| New Mexico | Lea County, NM | 103 BBLs | 522 MCF | Dec 2025 |
| R R Bell NCT | Lea County, NM | 0 BBLs | 1,985 MCF | Dec 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2025 |
| Turner State | Lea County, NM | 0 BBLs | 829 MCF | Dec 2025 |
These are the closest 20 companies operating near the Wallace State property.