West Grama Ridge

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. West Grama Ridge Oil & Gas Property

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Property Summary

Key data points for West Grama Ridge

CountyLea County, NM
OperatorCOTERRA ENERGY OPERATING CO.
Production DatesSep 2013 - Feb 2025
Total Oil Production202,635 BBLs
Total Gas Production327,001 MCF
Recent Oil Production548 BBLs in Feb 2025
Recent Gas Production2,183 MCF in Feb 2025
Wells on Property6

Our Valuation Estimates for West Grama Ridge

ShaleAssessment™

$15,375 *

MarketMultiple™

$98,119 **

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

Based on a decimal interest

West Grama Ridge Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for West Grama Ridge
from Sep 2013 to Feb 2025

Wells on West Grama Ridge

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41173WEST GRAMA RIDGE 6 FEDERAL 004HCoterra Energy Operating Co.ActiveLea County, NM32.427097-103.502640
30-025-41974WEST GRAMA RIDGE 6 FEDERAL 003CCoterra Energy Operating Co.CancelledLea County, NM32.427090-103.506912
30-025-42150WEST GRAMA RIDGE 6 FEDERAL 001CCoterra Energy Operating Co.CancelledLea County, NM32.427076-103.515381
30-025-42151WEST GRAMA RIDGE 6 FEDERAL 002CCoterra Energy Operating Co.CancelledLea County, NM32.427084-103.510757
30-025-42185WEST GRAMA RIDGE 5 FEDERAL 005HCoterra Energy Operating Co.NewLea County, NM32.427106-103.498348
30-025-42186WEST GRAMA RIDGE 5 FEDERAL 006HCoterra Energy Operating Co.NewLea County, NM32.427115-103.493398

Leases included in West Grama Ridge

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
313793WEST GRAMA RIDGE 5 FEDERALCoterra Energy Operating Co.Lea County, NM
39893WEST GRAMA RIDGE 6 FEDERALCoterra Energy Operating Co.Lea County, NM

Nearby Properties

These are the closest 20 properties to the West Grama Ridge property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bevo 11 FederalLea County, NM1,464 BBLs1,800 MCFFeb 2025
Black Sheep 4 33 BLea County, NM18,933 BBLs66,642 MCFFeb 2025
Black Sheep 4 B2Lea County, NM1,260 BBLs2,757 MCFFeb 2025
Chiles 28Lea County, NM6,618 BBLs5,794 MCFFeb 2025
Crunch Berry 6 Federal ComLea County, NM9,923 BBLs17,560 MCFFeb 2025
Grey Hawk StateLea County, NM2,162 BBLs3,291 MCFFeb 2025
GRM UnitLea County, NM0 BBLs0 MCFNov 2000
Juice Bud State ComLea County, NM4,069 BBLs1,361 MCFFeb 2025
Loco Dinero 36 State ComLea County, NM30,333 BBLs73,835 MCFFeb 2025
Merchant State UnitLea County, NM54,901 BBLs208,216 MCFFeb 2025
Merlin State ComLea County, NM3,666 BBLs5,234 MCFFeb 2025
Naguss 30 State ComLea County, NM2,648 BBLs981 MCFFeb 2025
Naguss BRN State ComLea County, NM625 BBLs270 MCFFeb 2025
Ram 3 B2MD State ComLea County, NM5,938 BBLs27,300 MCFFeb 2025
Ram 3 B3MD State ComLea County, NM4,333 BBLs6,748 MCFFeb 2025
Red Stag 5 32 BLea County, NM29,742 BBLs63,899 MCFFeb 2025
Speyside 18 FederalLea County, NM24,287 BBLs57,918 MCFFeb 2025
Tenderloin Federal ComLea County, NM22,856 BBLs37,110 MCFFeb 2025
Vitalizer StateLea County, NM2,191 BBLs7,733 MCFFeb 2025
West Grama RidgeLea County, NM14,151 BBLs56,357 MCFFeb 2025

Companies in the Area

These are the closest 20 companies operating near the West Grama Ridge property.

Company Name
Advance Energy Partners Hat Mesa, LLC
Avant Operating, LLC
Bta Oil Producers, LLC
C W Trainer
Caza Operating, LLC
Chevron USA Inc
Chisholm Energy Operating, LLC
COG Operating LLC
Coterra Energy Operating Co.
Devon Energy Production Company LP
Earthstone Operating, LLC
EOG Resources, Inc.
Extex Operating Company
Hal J Rasmussen Oper Inc
Marathon Oil Permian LLC
Marshall & Winston, Inc.
Matador Production Company
Mewbourne Oil Company
Permian Resources Operating, LLC
Raybaw Operating, LLC

Frac'ing activity on West Grama Ridge

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-41173West Gamma Ridge 6 Fed #4H