Oil & Gas Property in Lea County, NM
Key data points for Westates Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - May 2025 |
| Total Oil Production | 46,241 BBLs |
| Total Gas Production | 483,973 MCF |
| Recent Oil Production | 0 BBLs in May 2025 |
| Recent Gas Production | 656 MCF in May 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Westates Federal
ShaleAssessment™
$3,814 *
MarketMultiple™
$8,278 **
* 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 | 190 BBLs | 1,698 MCF | May 2025 |
| C C Fristoe B Federal NCT | Lea County, NM | 1,516 BBLs | 14,856 MCF | May 2025 |
| Eaton | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Elliott 31 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| G L Erwin A Federal | Lea County, NM | 101 BBLs | 2,202 MCF | May 2025 |
| G L Erwin B Federal NCT | Lea County, NM | 1,248 BBLs | 7,829 MCF | May 2025 |
| George L Erwin | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Hale State | Lea County, NM | 53 BBLs | 4,645 MCF | May 2025 |
| Hodges B | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Humphrey Queen Unit | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
| Justis A Federal | Lea County, NM | 0 BBLs | 0 MCF | Jul 2016 |
| Justis S | Lea County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| M E Hale | Lea County, NM | 82 BBLs | 900 MCF | May 2025 |
| New Mexico B | Lea County, NM | 474 BBLs | 1,755 MCF | May 2025 |
| Ramsey State | Lea County, NM | 58 BBLs | 233 MCF | May 2025 |
| Red Cloud | Lea County, NM | 0 BBLs | 0 MCF | Aug 2019 |
| Stuart Langlie Mattix Unit | Lea County, NM | 7 BBLs | 0 MCF | May 2025 |
| Trantula 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Vance 30 | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| W A Ramsay NCT | Lea County, NM | 17 BBLs | 485 MCF | May 2025 |
These are the closest 20 companies operating near the Westates Federal property.