Oil & Gas Property in Eddy County, NM
Key data points for Cass 16 State
| County | Eddy County, NM |
|---|---|
| Operator | MARATHON OIL PERMIAN LLC |
| Production Dates | Dec 2016 - Dec 2024 |
| Total Oil Production | 631,265 BBLs |
| Total Gas Production | 3,510,802 MCF |
| Recent Oil Production | 1,526 BBLs in Dec 2024 |
| Recent Gas Production | 14,510 MCF in Dec 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Cass 16 State
ShaleAssessment™
$39,340 *
MarketMultiple™
$270,251 **
* 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 Cass 16 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| C 17 State | Eddy County, NM | 1,651 BBLs | 8,256 MCF | Dec 2024 |
| C State 16 | Eddy County, NM | 593 BBLs | 12,079 MCF | Dec 2024 |
| Cass Draw 10 23 27 Fee | Eddy County, NM | 636 BBLs | 7,736 MCF | Dec 2024 |
| Cavern 16 State | Eddy County, NM | 628 BBLs | 9,063 MCF | Dec 2024 |
| Crossbow WC Federal Com | Eddy County, NM | 27,589 BBLs | 139,723 MCF | Dec 2024 |
| Cypress | Eddy County, NM | 615 BBLs | 18,598 MCF | Dec 2024 |
| Drag | Eddy County, NM | 0 BBLs | 0 MCF | Aug 2017 |
| Eddy GF State | Eddy County, NM | 0 BBLs | 0 MCF | Oct 2009 |
| Forehand | Eddy County, NM | 142 BBLs | 2 MCF | Dec 2024 |
| Jester 19 30 W | Eddy County, NM | 0 BBLs | 103 MCF | Dec 2024 |
| Johnson 10 23 27 Fee | Eddy County, NM | 1,528 BBLs | 6,069 MCF | Dec 2024 |
| Mobil 21 State | Eddy County, NM | 0 BBLs | 620 MCF | Dec 2024 |
| Ranch Hand 1 | Eddy County, NM | 0 BBLs | 28 MCF | Dec 2024 |
| Ranch Hand 5 | Eddy County, NM | 0 BBLs | 3,076 MCF | Dec 2024 |
| Sandia Fee | Eddy County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Skeleton Fee | Eddy County, NM | 140 BBLs | 414 MCF | Dec 2024 |
| Stephens | Eddy County, NM | 0 BBLs | 358 MCF | Dec 2024 |
| Sterling | Eddy County, NM | 2,219 BBLs | 5,242 MCF | Dec 2024 |
| Sterling Pound 20 29 W2de State Com | Eddy County, NM | 1,861 BBLs | 25,165 MCF | Dec 2024 |
| Stinger 6 W0PM Federal Com | Eddy County, NM | 1,621 BBLs | 14,051 MCF | Dec 2024 |
These are the closest 20 companies operating near the Cass 16 State property.