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 - Jan 2025 |
| Total Oil Production | 569,955 BBLs |
| Total Gas Production | 312,292 MCF |
| Recent Oil Production | 54,513 BBLs in Jan 2025 |
| Recent Gas Production | 33,884 MCF in Jan 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Belgian Blue 28 21 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$6,582,821 **
* 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 | 1,888 BBLs | 1,182 MCF | Jan 2025 |
| Alpha State Com | Lea County, NM | 43,694 BBLs | 24,224 MCF | Feb 2025 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Eagle State Com | Lea County, NM | 15,300 BBLs | 17,312 MCF | Feb 2025 |
| Gateway 2 State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 1,022 BBLs | 1,493 MCF | Jan 2025 |
| Ironhouse 19 State Com | Lea County, NM | 830 BBLs | 883 MCF | Feb 2025 |
| Ironhouse 2 | Lea County, NM | 3,622 BBLs | 4,941 MCF | Feb 2025 |
| Ironhouse 3 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| New Mexico DD State | Lea County, NM | 67 BBLs | 0 MCF | Jan 2025 |
| Nighthawk State Com | Lea County, NM | 70 BBLs | 209 MCF | Jan 2025 |
| Norte State Com | Lea County, NM | 5,110 BBLs | 3,443 MCF | Feb 2025 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Rambo E2 08 17 State Com | Lea County, NM | 4,425 BBLs | 3,209 MCF | Feb 2025 |
| Reeves 26 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Reeves Queen WF Unit | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| South Vacuum | Lea County, NM | 166 BBLs | 3 MCF | Feb 2025 |
| 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.