Oil & Gas Property in Lea County, NM
Key data points for Westates Federal
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Dec 2025 |
| Total Oil Production | 46,246 BBLs |
| Total Gas Production | 484,079 MCF |
| Recent Oil Production | 0 BBLs in Dec 2025 |
| Recent Gas Production | 67 MCF in Dec 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Westates Federal
ShaleAssessment™
$3,381 *
MarketMultiple™
$1,201 **
* 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 | 230 BBLs | 1,756 MCF | Jan 2026 |
| C C Fristoe B Federal NCT | Lea County, NM | 1,627 BBLs | 13,764 MCF | Jan 2026 |
| 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 | 515 BBLs | 6,275 MCF | Jan 2026 |
| G L Erwin B Federal NCT | Lea County, NM | 1,059 BBLs | 3,941 MCF | Jan 2026 |
| George L Erwin | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Hale State | Lea County, NM | 36 BBLs | 4,290 MCF | Dec 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 | May 2025 |
| M E Hale | Lea County, NM | 55 BBLs | 832 MCF | Dec 2025 |
| New Mexico B | Lea County, NM | 212 BBLs | 332 MCF | Jan 2026 |
| Ramsey State | Lea County, NM | 48 BBLs | 22 MCF | Dec 2025 |
| Red Cloud | Lea County, NM | 0 BBLs | 0 MCF | Aug 2019 |
| Stuart Langlie Mattix Unit | Lea County, NM | 109 BBLs | 0 MCF | Jan 2026 |
| 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 | 13 BBLs | 17 MCF | Dec 2025 |
These are the closest 20 companies operating near the Westates Federal property.