Oil & Gas Property in Eddy County, NM
Key data points for Cavern 16 State
| County | Eddy County, NM |
|---|---|
| Operator | WPX ENERGY PERMIAN, LLC |
| Production Dates | Oct 2016 - Feb 2025 |
| Total Oil Production | 246,821 BBLs |
| Total Gas Production | 836,907 MCF |
| Recent Oil Production | 554 BBLs in Feb 2025 |
| Recent Gas Production | 7,715 MCF in Feb 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Cavern 16 State
ShaleAssessment™
$35,950 *
MarketMultiple™
$110,666 **
* 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 Cavern 16 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bloodhound 15 23 27 Fee | Eddy County, NM | 1,364 BBLs | 5,251 MCF | Feb 2025 |
| C 17 State | Eddy County, NM | 1,693 BBLs | 7,821 MCF | Feb 2025 |
| C State 16 | Eddy County, NM | 161 BBLs | 5,591 MCF | Feb 2025 |
| Cass 16 State | Eddy County, NM | 1,813 BBLs | 14,609 MCF | Feb 2025 |
| Cass Draw 10 23 27 Fee | Eddy County, NM | 818 BBLs | 7,109 MCF | Feb 2025 |
| Crossbow WC Federal Com | Eddy County, NM | 19,110 BBLs | 82,360 MCF | Feb 2025 |
| Cypress | Eddy County, NM | 1,167 BBLs | 27,003 MCF | Feb 2025 |
| 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 | 0 BBLs | 0 MCF | Jan 2025 |
| Goose 29 28 W2ba State Com | Eddy County, NM | 351 BBLs | 1,325 MCF | Feb 2025 |
| Jester 19 30 W | Eddy County, NM | 1,798 BBLs | 9,816 MCF | Feb 2025 |
| Johnson 10 23 27 Fee | Eddy County, NM | 1,349 BBLs | 5,620 MCF | Feb 2025 |
| Mobil 21 State | Eddy County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Ranch Hand 1 | Eddy County, NM | 0 BBLs | 30 MCF | Feb 2025 |
| Sandia Fee | Eddy County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Skeleton Fee | Eddy County, NM | 148 BBLs | 523 MCF | Feb 2025 |
| Stephens | Eddy County, NM | 0 BBLs | 333 MCF | Feb 2025 |
| Sterling | Eddy County, NM | 1,752 BBLs | 8,149 MCF | Feb 2025 |
| Sterling Pound 20 29 W2de State Com | Eddy County, NM | 957 BBLs | 19,130 MCF | Feb 2025 |
These are the closest 20 companies operating near the Cavern 16 State property.