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 - Oct 2025 |
| Total Oil Production | 368,552 BBLs |
| Total Gas Production | 3,342,598 MCF |
| Recent Oil Production | 844 BBLs in Sep 2025 |
| Recent Gas Production | 6,600 MCF in Sep 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$41,492 *
MarketMultiple™
$116,407 **
* 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 | 641 BBLs | 1,819 MCF | Sep 2025 |
| Bell Ramsay NCT | Lea County, NM | 224 BBLs | 2,292 MCF | Sep 2025 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,577 MCF | Sep 2025 |
| Eunice Monument | Lea County, NM | 23,610 BBLs | 12,751 MCF | Sep 2025 |
| Evans State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 292 MCF | Sep 2025 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 1,073 MCF | Sep 2025 |
| Heasley State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| J A Akens | Lea County, NM | 586 BBLs | 2,460 MCF | Sep 2025 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 670 MCF | Sep 2025 |
| John D Knox | Lea County, NM | 0 BBLs | 1,697 MCF | Sep 2025 |
| M S Berryman | Lea County, NM | 0 BBLs | 0 MCF | Aug 2025 |
| McQuatters | Lea County, NM | 441 BBLs | 2,303 MCF | Sep 2025 |
| Meyer | Lea County, NM | 877 BBLs | 19,730 MCF | Sep 2025 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 2,101 MCF | Sep 2025 |
| New Mexico | Lea County, NM | 117 BBLs | 269 MCF | Sep 2025 |
| R R Bell NCT | Lea County, NM | 0 BBLs | 1,054 MCF | Sep 2025 |
| Shell State | Lea County, NM | 0 BBLs | 56 MCF | Sep 2025 |
| Turner State | Lea County, NM | 0 BBLs | 2,075 MCF | Sep 2025 |
These are the closest 20 companies operating near the Wallace State property.