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 - Oct 2024 |
| Total Oil Production | 775,433 BBLs |
| Total Gas Production | 3,490,519 MCF |
| Recent Oil Production | 3,260 BBLs in Oct 2024 |
| Recent Gas Production | 20,078 MCF in Oct 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for South Loving 2
ShaleAssessment™
$6,878 *
MarketMultiple™
$543,650 **
* 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 |
|---|---|---|---|---|
| Chaka State | Eddy County, NM | 298 BBLs | 4,608 MCF | Nov 2024 |
| Charlie Sweeney | Eddy County, NM | 3,453 BBLs | 30,006 MCF | Oct 2024 |
| Chopper State | Eddy County, NM | 1,987 BBLs | 5,122 MCF | Nov 2024 |
| David Edelstein State Com | Eddy County, NM | 35,043 BBLs | 406,663 MCF | Oct 2024 |
| El Presidente State | Eddy County, NM | 1,839 BBLs | 14,963 MCF | Nov 2024 |
| Forehand Ranch 35 Federal | Eddy County, NM | 536 BBLs | 9,458 MCF | Oct 2024 |
| Hamms State | Eddy County, NM | 7,396 BBLs | 61,294 MCF | Oct 2024 |
| Jim Tom Lontos 30 23S 28e RB | Eddy County, NM | 2,190 BBLs | 25,307 MCF | Oct 2024 |
| Lone Ranger 33 State | Eddy County, NM | 272 BBLs | 2,448 MCF | Oct 2024 |
| Loving | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2018 |
| Motley 6 7 W | Eddy County, NM | 1,360 BBLs | 2,900 MCF | Oct 2024 |
| Motley 6 7 W0 | Eddy County, NM | 49,547 BBLs | 197,459 MCF | Oct 2024 |
| Roadster State Com | Eddy County, NM | 1,359 BBLs | 5,917 MCF | Nov 2024 |
| Rustler Breaks | Eddy County, NM | 1,374 BBLs | 9,890 MCF | Oct 2024 |
| Smith 1 | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2017 |
| Tony La Russa | Eddy County, NM | 8,755 BBLs | 83,976 MCF | Oct 2024 |
| Warren 25 23S 27e RB | Eddy County, NM | 488 BBLs | 3,248 MCF | Oct 2024 |
| West Loving 1 | Eddy County, NM | 0 BBLs | 110 MCF | Oct 2024 |
| West Loving 2 | Eddy County, NM | 0 BBLs | 30 MCF | Oct 2024 |
| Westloving 11 12 W0 | Eddy County, NM | 5,838 BBLs | 34,754 MCF | Oct 2024 |
These are the closest 20 companies operating near the South Loving 2 property.