Oil & Gas Property in Lea County, NM
Key data points for Belgian Blue 28 21 State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Feb 2024 - Aug 2024 |
| Total Oil Production | 225,879 BBLs |
| Total Gas Production | 115,506 MCF |
| Recent Oil Production | 16,572 BBLs in Aug 2024 |
| Recent Gas Production | 9,289 MCF in Aug 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Belgian Blue 28 21 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$4,826,523 **
* 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 Belgian Blue 28 21 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Albatross State Com | Lea County, NM | 1,425 BBLs | 1,050 MCF | Aug 2024 |
| Alpha State Com | Lea County, NM | 12,235 BBLs | 9,918 MCF | Aug 2024 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| Eagle State Com | Lea County, NM | 31,188 BBLs | 34,555 MCF | Aug 2024 |
| Gateway 2 State | Lea County, NM | 286 BBLs | 83 MCF | Aug 2024 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 988 BBLs | 1,228 MCF | Aug 2024 |
| Ironhouse 19 State Com | Lea County, NM | 2,278 BBLs | 4,931 MCF | Aug 2024 |
| Ironhouse 2 | Lea County, NM | 4,646 BBLs | 9,699 MCF | Aug 2024 |
| Ironhouse 3 | Lea County, NM | 284 BBLs | 581 MCF | Aug 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| New Mexico DD State | Lea County, NM | 31 BBLs | 0 MCF | Aug 2024 |
| Nighthawk State Com | Lea County, NM | 485 BBLs | 902 MCF | Aug 2024 |
| Norte State Com | Lea County, NM | 6,983 BBLs | 5,791 MCF | Aug 2024 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Rambo E2 08 17 State Com | Lea County, NM | 7,821 BBLs | 6,804 MCF | Aug 2024 |
| Reeves 26 | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Reeves Queen WF Unit | Lea County, NM | 321 BBLs | 0 MCF | Sep 2024 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| South Vacuum | Lea County, NM | 219 BBLs | 144 MCF | Aug 2024 |
| Vacuum State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2007 |
These are the closest 20 companies operating near the Belgian Blue 28 21 State Com property.