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 - Nov 2024 |
| Total Oil Production | 456,657 BBLs |
| Total Gas Production | 244,313 MCF |
| Recent Oil Production | 64,457 BBLs in Nov 2024 |
| Recent Gas Production | 35,981 MCF in Nov 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Belgian Blue 28 21 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$6,493,772 **
* 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 | 1,104 BBLs | 975 MCF | Dec 2024 |
| Alpha State Com | Lea County, NM | 3,422 BBLs | 3,186 MCF | Dec 2024 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| Eagle State Com | Lea County, NM | 21,646 BBLs | 21,789 MCF | Dec 2024 |
| Gateway 2 State | Lea County, NM | 250 BBLs | 117 MCF | Nov 2024 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 937 BBLs | 1,296 MCF | Dec 2024 |
| Ironhouse 19 State Com | Lea County, NM | 1,581 BBLs | 2,602 MCF | Dec 2024 |
| Ironhouse 2 | Lea County, NM | 8,418 BBLs | 5,800 MCF | Dec 2024 |
| 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 | 1 BBLs | 0 MCF | Nov 2024 |
| Nighthawk State Com | Lea County, NM | 811 BBLs | 1,643 MCF | Dec 2024 |
| Norte State Com | Lea County, NM | 4,478 BBLs | 2,852 MCF | Dec 2024 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Rambo E2 08 17 State Com | Lea County, NM | 6,109 BBLs | 4,800 MCF | Dec 2024 |
| 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 | 196 BBLs | 5 MCF | Dec 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.