Wallace State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Wallace State

County,
OperatorME-TEX OIL & GAS, INC.
Production DatesJan 1993 - Mar 2025
Total Oil Production363,205 BBLs
Total Gas Production3,299,317 MCF
Recent Oil Production677 BBLs in Mar 2025
Recent Gas Production5,045 MCF in Mar 2025
Wells on Property6

Our Valuation Estimates for Wallace State

ShaleAssessment

$45,466 *

MarketMultiple

$133,971 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Wallace State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wallace State
from Jan 1993 to Mar 2025

Wells on Wallace State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in Wallace State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
6767WALLACE STATEME-TEX OIL & GAS INCLea County, NM

Nearby Properties

These are the closest 20 properties to the Wallace State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A J AdkinsLea County, NM0 BBLs0 MCFFeb 2025
Bell Ramsay NCTLea County, NM0 BBLs0 MCFFeb 2025
Ernest C AdkinsLea County, NM0 BBLs974 MCFMar 2025
Eunice MonumentLea County, NM1,342 BBLs336 MCFMar 2025
Evans StateLea County, NM0 BBLs0 MCFJan 2025
Exxon Aggie StateLea County, NM0 BBLs0 MCFFeb 2025
Graham Orcutt Gas ComLea County, NM0 BBLs0 MCFFeb 2025
H T Orcutt NCTLea County, NM0 BBLs0 MCFFeb 2025
Heasley StateLea County, NM0 BBLs0 MCFJul 2024
J A AkensLea County, NM205 BBLs319 MCFMar 2025
J F Janda NCT DLea County, NM0 BBLs0 MCFFeb 2025
John D KnoxLea County, NM0 BBLs0 MCFFeb 2025
M S BerrymanLea County, NM0 BBLs81 MCFMar 2025
McQuattersLea County, NM0 BBLs1,196 MCFMar 2025
MeyerLea County, NM553 BBLs13,905 MCFMar 2025
Meyer B 2Lea County, NM0 BBLs0 MCFOct 2024
New MexicoLea County, NM13 BBLs75 MCFMar 2025
R R Bell NCTLea County, NM0 BBLs0 MCFFeb 2025
Shell StateLea County, NM0 BBLs0 MCFJan 2025
Turner StateLea County, NM0 BBLs0 MCFOct 2024

Companies in the Area

These are the closest 0 companies operating near the Wallace State property.

Company Name