Oil & Gas Property in Lea County, NM
Key data points for West Grama Ridge
| County | Lea County, NM |
|---|---|
| Operator | CIMAREX ENERGY CO |
| Production Dates | Apr 2017 - Feb 2024 |
| Total Oil Production | 2,246,721 BBLs |
| Total Gas Production | 3,970,583 MCF |
| Recent Oil Production | 20,577 BBLs in Jan 2024 |
| Recent Gas Production | 59,691 MCF in Jan 2024 |
| Wells on Property | 21 |
Our Valuation Estimates for West Grama Ridge
ShaleAssessment™
$100,772 *
MarketMultiple™
$3,271,224 **
* 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 West Grama Ridge property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bevo 11 Federal | Lea County, NM | 1,980 BBLs | 2,298 MCF | Feb 2024 |
| Black Sheep 4 33 B | Lea County, NM | 36,258 BBLs | 92,605 MCF | Jan 2024 |
| Black Sheep 4 B2 | Lea County, NM | 6,942 BBLs | 17,986 MCF | Jan 2024 |
| Crunch Berry 6 Federal Com | Lea County, NM | 14,378 BBLs | 24,585 MCF | Feb 2024 |
| Gaucho 2 | Lea County, NM | 8,120 BBLs | 28,976 MCF | Jan 2024 |
| Gaucho Unit | Lea County, NM | 19,470 BBLs | 92,403 MCF | Jan 2024 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Jul 2022 |
| Grama 8817 | Lea County, NM | 9,794 BBLs | 34,910 MCF | Feb 2024 |
| Grama 8817 JV-P Federal Com 002H | Lea County, NM | 3,592 BBLs | 19,352 MCF | Feb 2024 |
| Grama Ridge | Lea County, NM | 3,416 BBLs | 8,184 MCF | Feb 2024 |
| Grey Hawk State | Lea County, NM | 2,054 BBLs | 2,911 MCF | Feb 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 14,102 BBLs | 46,099 MCF | Jan 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 5,413 BBLs | 14,064 MCF | Jan 2024 |
| Ram 3 B3MD State Com | Lea County, NM | 8,242 BBLs | 14,048 MCF | Jan 2024 |
| Ram 3 B3NC State Com | Lea County, NM | 5,757 BBLs | 12,059 MCF | Jan 2024 |
| Red Stag 5 32 B | Lea County, NM | 65,983 BBLs | 111,577 MCF | Jan 2024 |
| Tenderloin Federal Com | Lea County, NM | 22,845 BBLs | 27,077 MCF | Feb 2024 |
| West Grama Ridge | Lea County, NM | 833 BBLs | 2,364 MCF | Feb 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 229,297 BBLs | 369,466 MCF | Feb 2024 |
These are the closest 20 companies operating near the West Grama Ridge property.