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 - Jul 2025 |
| Total Oil Production | 366,220 BBLs |
| Total Gas Production | 3,323,084 MCF |
| Recent Oil Production | 773 BBLs in Jun 2025 |
| Recent Gas Production | 6,161 MCF in Jun 2025 |
| Wells on Property | 6 |
Our Valuation Estimates for Wallace State
ShaleAssessment™
$43,199 *
MarketMultiple™
$122,247 **
* 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 | 559 BBLs | 1,644 MCF | Jun 2025 |
| Bell Ramsay NCT | Lea County, NM | 247 BBLs | 1,952 MCF | Jun 2025 |
| Ernest C Adkins | Lea County, NM | 0 BBLs | 1,543 MCF | Jun 2025 |
| Eunice Monument | Lea County, NM | 28,764 BBLs | 15,619 MCF | Jul 2025 |
| Evans State | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| Exxon Aggie State | Lea County, NM | 0 BBLs | 588 MCF | Jun 2025 |
| Graham Orcutt Gas Com | Lea County, NM | 0 BBLs | 0 MCF | May 2025 |
| H T Orcutt NCT | Lea County, NM | 0 BBLs | 651 MCF | Jun 2025 |
| Heasley State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| J A Akens | Lea County, NM | 374 BBLs | 395 MCF | Jun 2025 |
| J F Janda NCT D | Lea County, NM | 0 BBLs | 496 MCF | Jun 2025 |
| John D Knox | Lea County, NM | 131 BBLs | 2,030 MCF | Jun 2025 |
| M S Berryman | Lea County, NM | 0 BBLs | 50 MCF | Jun 2025 |
| McQuatters | Lea County, NM | 542 BBLs | 1,803 MCF | Jun 2025 |
| Meyer | Lea County, NM | 889 BBLs | 18,270 MCF | Jun 2025 |
| Meyer B 2 | Lea County, NM | 0 BBLs | 1,631 MCF | Jun 2025 |
| New Mexico | Lea County, NM | 54 BBLs | 137 MCF | Jun 2025 |
| R R Bell NCT | Lea County, NM | 0 BBLs | 637 MCF | Jun 2025 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Turner State | Lea County, NM | 0 BBLs | 1,220 MCF | Jun 2025 |
These are the closest 20 companies operating near the Wallace State property.