Oil & Gas Property in Lea County, NM
Key data points for Westates Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Feb 2024 |
| Total Oil Production | 45,526 BBLs |
| Total Gas Production | 471,040 MCF |
| Recent Oil Production | 97 BBLs in Jan 2024 |
| Recent Gas Production | 238 MCF in Jan 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Westates Federal
ShaleAssessment™
$4,863 *
MarketMultiple™
$17,330 **
* 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 Westates Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| C C Fristoe A Federal NCT | Lea County, NM | 250 BBLs | 1,876 MCF | Feb 2024 |
| C C Fristoe B Federal NCT | Lea County, NM | 1,478 BBLs | 15,241 MCF | Feb 2024 |
| Eaton | Lea County, NM | 9 BBLs | 0 MCF | Jan 2024 |
| Elliott 31 Federal | Lea County, NM | 124 BBLs | 0 MCF | Feb 2024 |
| G L Erwin A Federal | Lea County, NM | 424 BBLs | 6,886 MCF | Feb 2024 |
| G L Erwin B Federal NCT | Lea County, NM | 1,018 BBLs | 6,918 MCF | Feb 2024 |
| George L Erwin | Lea County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Hale State | Lea County, NM | 77 BBLs | 6,434 MCF | Jan 2024 |
| Hodges B | Lea County, NM | 0 BBLs | 0 MCF | Apr 2023 |
| Humphrey Queen Unit | Lea County, NM | 16 BBLs | 0 MCF | Jan 2024 |
| Justis A Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2016 |
| Justis S | Lea County, NM | 0 BBLs | 245 MCF | Feb 2024 |
| M E Hale | Lea County, NM | 93 BBLs | 1,135 MCF | Jan 2024 |
| New Mexico B | Lea County, NM | 155 BBLs | 53 MCF | Feb 2024 |
| Ramsey State | Lea County, NM | 61 BBLs | 1,332 MCF | Jan 2024 |
| Red Cloud | Lea County, NM | 0 BBLs | 0 MCF | Aug 2019 |
| Stuart Langlie Mattix Unit | Lea County, NM | 132 BBLs | 0 MCF | Feb 2024 |
| Trantula 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Vance 30 | Lea County, NM | 1 BBLs | 0 MCF | Jan 2024 |
| W A Ramsay NCT | Lea County, NM | 25 BBLs | 596 MCF | Feb 2024 |
These are the closest 20 companies operating near the Westates Federal property.