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 - Jun 2025 |
| Total Oil Production | 365,426 BBLs |
| Total Gas Production | 3,316,791 MCF |
| Recent Oil Production | 834 BBLs in May 2025 |
| Recent Gas Production | 6,024 MCF in May 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$43,767 *
MarketMultiple™
$129,297 **
* 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 | 757 BBLs | 1,909 MCF | May 2025 |
| Bell Ramsay NCT | Lea County, NM | 298 BBLs | 2,703 MCF | May 2025 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,642 MCF | May 2025 |
| Eunice Monument | Lea County, NM | 28,327 BBLs | 17,883 MCF | May 2025 |
| Evans State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2025 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 1,472 MCF | May 2025 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 247 MCF | May 2025 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 1,177 MCF | May 2025 |
| Heasley State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| J A Akens | Lea County, NM | 272 BBLs | 318 MCF | May 2025 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 1,125 MCF | May 2025 |
| John D Knox | Lea County, NM | 0 BBLs | 1,682 MCF | May 2025 |
| M S Berryman | Lea County, NM | 0 BBLs | 72 MCF | May 2025 |
| McQuatters | Lea County, NM | 84 BBLs | 1,171 MCF | May 2025 |
| Meyer | Lea County, NM | 886 BBLs | 20,038 MCF | May 2025 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 2,758 MCF | May 2025 |
| New Mexico | Lea County, NM | 33 BBLs | 418 MCF | May 2025 |
| R R Bell NCT | Lea County, NM | 0 BBLs | 1,391 MCF | May 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Turner State | Lea County, NM | 0 BBLs | 2,164 MCF | May 2025 |
These are the closest 20 companies operating near the Wallace State property.