Oil & Gas Property in Eddy County, NM
Key data points for South Loving 2
| County | Eddy County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Feb 2006 - Sep 2024 |
| Total Oil Production | 772,173 BBLs |
| Total Gas Production | 3,470,441 MCF |
| Recent Oil Production | 3,343 BBLs in Sep 2024 |
| Recent Gas Production | 21,356 MCF in Sep 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for South Loving 2
ShaleAssessment™
$6,984 *
MarketMultiple™
$563,598 **
* 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 South Loving 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Boston 7 | Eddy County, NM | 4,154 BBLs | 34,885 MCF | Sep 2024 |
| Chaka State | Eddy County, NM | 357 BBLs | 6,171 MCF | Oct 2024 |
| Charlie Sweeney | Eddy County, NM | 3,148 BBLs | 24,870 MCF | Oct 2024 |
| Chopper State | Eddy County, NM | 2,034 BBLs | 4,491 MCF | Oct 2024 |
| David Edelstein State Com | Eddy County, NM | 37,033 BBLs | 377,642 MCF | Oct 2024 |
| El Presidente State | Eddy County, NM | 1,766 BBLs | 15,395 MCF | Oct 2024 |
| Forehand Ranch 35 Federal | Eddy County, NM | 413 BBLs | 8,385 MCF | Oct 2024 |
| Hamms State | Eddy County, NM | 7,382 BBLs | 59,319 MCF | Oct 2024 |
| Jim Tom Lontos 30 23S 28e RB | Eddy County, NM | 2,159 BBLs | 23,964 MCF | Oct 2024 |
| Loving | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2018 |
| Motley 6 7 W | Eddy County, NM | 2,290 BBLs | 4,385 MCF | Sep 2024 |
| Motley 6 7 W0 | Eddy County, NM | 60,564 BBLs | 216,805 MCF | Sep 2024 |
| Roadster State Com | Eddy County, NM | 5,113 BBLs | 25,253 MCF | Oct 2024 |
| Rustler Breaks | Eddy County, NM | 1,233 BBLs | 6,466 MCF | Oct 2024 |
| Smith 1 | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2017 |
| Tony La Russa | Eddy County, NM | 8,222 BBLs | 74,656 MCF | Oct 2024 |
| Warren 25 23S 27e RB | Eddy County, NM | 466 BBLs | 2,914 MCF | Oct 2024 |
| West Loving 1 | Eddy County, NM | 44 BBLs | 2,150 MCF | Sep 2024 |
| West Loving 2 | Eddy County, NM | 0 BBLs | 0 MCF | May 2024 |
| Westloving 11 12 W0 | Eddy County, NM | 5,583 BBLs | 30,588 MCF | Sep 2024 |
These are the closest 20 companies operating near the South Loving 2 property.