Lot 53587 - Operated Working Interest in Lea County, New Mexico

📍 (2) - NM - LEA 🏔️ Basin: Other 🏷️ Type: well-participation
Asking Price Price on Request

Description

### Lot 53587 - Operated Working Interest in Lea County, New Mexico
**Type**: Operated WI
**Auction**: June 2026 Auction

This syndicated listing is processed externally on **The Oil & Gas Asset Clearinghouse**. Bidding, due diligence documents, and transactions occur directly on the partner platform.

#### Asset Specifications
- **Location**: (2) - NM - LEA
- **Interests Offered**: Operated WI
- **Operator**: Aspen Operating Company

#### Highlights & Metrics
- 100 / 74.2% (WI / NRI) operated working interest in 2 wells
- $8,954 / mo avg. net cash flow (05.2025-03.2026) Prod. Date
- 5.73 / 7.72 bopd avg. production (net/gross) (10.2025-03.2026)
- Operated by Aspen Operating Company
- Producing from the Devonian South reservoir

Key Metrics & Technical Specifications

$8,954 Monthly Cash Flow
100% Working Interest
74.2% Royalty Rate

Listing Details

Asset Classwell-participation
Listed ByWildcatters Syndication