Oil & Gas Property in Eddy County, NM
Key data points for Zircon 2
| County | Eddy County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | May 2012 - Sep 2024 |
| Total Oil Production | 381,677 BBLs |
| Total Gas Production | 988,169 MCF |
| Recent Oil Production | 745 BBLs in Sep 2024 |
| Recent Gas Production | 5,074 MCF in Sep 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Zircon 2
ShaleAssessment™
$42,460 *
MarketMultiple™
$140,991 **
* 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 Zircon 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bradley 36 | Eddy County, NM | 383 BBLs | 2,015 MCF | Sep 2024 |
| Bradley 36 B2 | Eddy County, NM | 748 BBLs | 6,829 MCF | Sep 2024 |
| Brainard | Eddy County, NM | 0 BBLs | 0 MCF | May 2017 |
| Continental | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2018 |
| Eastland Queen Unit | Eddy County, NM | 328 BBLs | 0 MCF | Sep 2024 |
| Leonard | Eddy County, NM | 0 BBLs | 0 MCF | Feb 2004 |
| Read And Stevens State | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2021 |
| Sand Dune State | Eddy County, NM | 0 BBLs | 0 MCF | May 2018 |
| Sand Dunes 3 | Eddy County, NM | 0 BBLs | 1,294 MCF | Oct 2024 |
| Sapphire 11 12 | Eddy County, NM | 6,598 BBLs | 43,447 MCF | Sep 2024 |
| Solomon State | Eddy County, NM | 0 BBLs | 0 MCF | Oct 2019 |
| Southwest TT | Eddy County, NM | 238 BBLs | 1,580 MCF | Oct 2024 |
| Turkey Track | Eddy County, NM | 37,342 BBLs | 225,667 MCF | Sep 2024 |
| Wilson Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Wishbone 35 34 B | Eddy County, NM | 3,977 BBLs | 17,028 MCF | Sep 2024 |
| Zircon | Eddy County, NM | 16,728 BBLs | 44,629 MCF | Sep 2024 |
| Zircon 1 B1 | Eddy County, NM | 226 BBLs | 2,835 MCF | Sep 2024 |
| Zircon 2 1 B3 | Eddy County, NM | 13,843 BBLs | 37,513 MCF | Sep 2024 |
| Zircon 2 B1 | Eddy County, NM | 380 BBLs | 1,901 MCF | Sep 2024 |
| Zircon 2 State Com | Eddy County, NM | 253 BBLs | 2,424 MCF | Sep 2024 |
These are the closest 20 companies operating near the Zircon 2 property.