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 - Sep 2024 |
| Total Oil Production | 300,153 BBLs |
| Total Gas Production | 156,882 MCF |
| Recent Oil Production | 74,274 BBLs in Sep 2024 |
| Recent Gas Production | 41,376 MCF in Sep 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Belgian Blue 28 21 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$4,472,468 **
* 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 | 1,211 BBLs | 1,137 MCF | Oct 2024 |
| Alpha State Com | Lea County, NM | 10,384 BBLs | 8,659 MCF | Sep 2024 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| Eagle State Com | Lea County, NM | 27,262 BBLs | 30,512 MCF | Sep 2024 |
| Gateway 2 State | Lea County, NM | 218 BBLs | 123 MCF | Sep 2024 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 945 BBLs | 1,199 MCF | Oct 2024 |
| Ironhouse 19 State Com | Lea County, NM | 1,584 BBLs | 3,076 MCF | Sep 2024 |
| Ironhouse 2 | Lea County, NM | 2,117 BBLs | 4,484 MCF | Sep 2024 |
| Ironhouse 3 | Lea County, NM | 86 BBLs | 246 MCF | Sep 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| New Mexico DD State | Lea County, NM | 72 BBLs | 0 MCF | Sep 2024 |
| Nighthawk State Com | Lea County, NM | 895 BBLs | 1,623 MCF | Oct 2024 |
| Norte State Com | Lea County, NM | 6,148 BBLs | 5,093 MCF | Sep 2024 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Rambo E2 08 17 State Com | Lea County, NM | 7,608 BBLs | 6,363 MCF | Sep 2024 |
| Reeves 26 | Lea County, NM | 1 BBLs | 1 MCF | Sep 2024 |
| Reeves Queen WF Unit | Lea County, NM | 298 BBLs | 0 MCF | Sep 2024 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| South Vacuum | Lea County, NM | 184 BBLs | 118 MCF | Sep 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.