Lot 53588 - AFE in Lea County, New Mexico
📍 (6) - NM - LEA
🏔️ Basin: Other
🏷️ Type: well-participation
Asking Price
Price on Request
Description
### Lot 53588 - AFE in Lea County, New Mexico
**Type**: Non-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**: (6) - NM - LEA
- **Interests Offered**: Non-Operated WI
- **Operator**: PBEX Operations
#### Highlights & Metrics
- 3.125% estimated WI in 6 proposed 2-mile hz. wellbores
- 20 net acres of leasehold in 640-acre DSU
- $1,743,437 / $55,789,968 (net / gross) estimated CAPEX
- Operated by PBEX Operations
- Wells targeting the 1st, 2nd and 3rd Bone Springs
- 3 wells estimated 1st production in 07.2026 – remaining wells targeting Q1 2027 1st production
- Conveying all depths from the top of the Bone Springs to the base of the Wolfcamp
**Type**: Non-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**: (6) - NM - LEA
- **Interests Offered**: Non-Operated WI
- **Operator**: PBEX Operations
#### Highlights & Metrics
- 3.125% estimated WI in 6 proposed 2-mile hz. wellbores
- 20 net acres of leasehold in 640-acre DSU
- $1,743,437 / $55,789,968 (net / gross) estimated CAPEX
- Operated by PBEX Operations
- Wells targeting the 1st, 2nd and 3rd Bone Springs
- 3 wells estimated 1st production in 07.2026 – remaining wells targeting Q1 2027 1st production
- Conveying all depths from the top of the Bone Springs to the base of the Wolfcamp
Key Metrics & Technical Specifications
20
Acres
Listing Details
| Asset Class | well-participation |
|---|---|
| Listed By | Wildcatters Syndication |