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 - Oct 2024 |
| Total Oil Production | 381,849 BBLs |
| Total Gas Production | 990,275 MCF |
| Recent Oil Production | 172 BBLs in Oct 2024 |
| Recent Gas Production | 2,106 MCF in Oct 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Zircon 2
ShaleAssessment™
$41,857 *
MarketMultiple™
$132,309 **
* 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 | 858 BBLs | 3,400 MCF | Oct 2024 |
| Bradley 36 B2 | Eddy County, NM | 685 BBLs | 6,329 MCF | Oct 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 | 392 BBLs | 0 MCF | Oct 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 | 916 MCF | Oct 2024 |
| Sapphire 11 12 | Eddy County, NM | 39,797 BBLs | 77,383 MCF | Oct 2024 |
| Solomon State | Eddy County, NM | 0 BBLs | 0 MCF | Oct 2019 |
| Southwest TT | Eddy County, NM | 161 BBLs | 1,828 MCF | Nov 2024 |
| Turkey Track | Eddy County, NM | 40,382 BBLs | 208,442 MCF | Oct 2024 |
| Wilson Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Wishbone 35 34 B | Eddy County, NM | 3,836 BBLs | 16,894 MCF | Oct 2024 |
| Zircon | Eddy County, NM | 22,431 BBLs | 58,768 MCF | Oct 2024 |
| Zircon 1 B1 | Eddy County, NM | 562 BBLs | 6,829 MCF | Oct 2024 |
| Zircon 12 7 B | Eddy County, NM | 863 BBLs | 5,125 MCF | Oct 2024 |
| Zircon 2 1 B3 | Eddy County, NM | 16,473 BBLs | 50,688 MCF | Oct 2024 |
| Zircon 2 B1 | Eddy County, NM | 302 BBLs | 1,776 MCF | Oct 2024 |
These are the closest 20 companies operating near the Zircon 2 property.