Gazelle 22 B3

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Gazelle 22 B3

CountyLea County, NM
OperatorMEWBOURNE OIL COMPANY
Production DatesOct 2018 - Sep 2024
Total Oil Production639,725 BBLs
Total Gas Production1,029,374 MCF
Recent Oil Production2,942 BBLs in Sep 2024
Recent Gas Production8,539 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Gazelle 22 B3

ShaleAssessment

Not Available

MarketMultiple

$583,675 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gazelle 22 B3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gazelle 22 B3
from Oct 2018 to Sep 2024

Wells on Gazelle 22 B3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-43397GAZELLE 22 B3MD FEDERAL COM 001HMEWBOURNE OIL COActiveLea County, NM32.283401-103.464027
30-025-43398GAZELLE 22 B3NC FEDERAL COM 001HMEWBOURNE OIL COActiveLea County, NM32.283401-103.460972

Leases included in Gazelle 22 B3

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
321519GAZELLE 22 B3MD FEDERAL COMMEWBOURNE OIL COLea County, NM
322249GAZELLE 22 B3NC FEDERAL COMMEWBOURNE OIL COLea County, NM

Nearby Properties

These are the closest 20 properties to the Gazelle 22 B3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Antelope RidgeLea County, NM539 BBLs4,653 MCFSep 2024
Belco FederalLea County, NM0 BBLs0 MCFSep 2018
Bonanza FederalLea County, NM305 BBLs81 MCFSep 2024
Broadcaster 29 FederalLea County, NM2,160 BBLs3,384 MCFOct 2024
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
Curry StateLea County, NM234 BBLs53 MCFOct 2024
FlorenceLea County, NM33,943 BBLs138,740 MCFOct 2024
Gazelle 22 B2Lea County, NM4,538 BBLs11,166 MCFSep 2024
Ibex 15 10 BLea County, NM24,498 BBLs72,135 MCFSep 2024
Ibex 15 10 Federal ComLea County, NM38,004 BBLs118,184 MCFSep 2024
Keller 2Lea County, NM0 BBLs0 MCFFeb 2024
Keller 3Lea County, NM84 BBLs362 MCFSep 2024
Mad Dog 26Lea County, NM226,844 BBLs351,981 MCFSep 2024
Mad Dog 26 B3NC State ComLea County, NM314 BBLs44 MCFSep 2024
Mad Dog 26 MD State Com 001HLea County, NM1,137 BBLs1,332 MCFSep 2024
Mad Dog 35 BLea County, NM2,411 BBLs3,996 MCFSep 2024
Mad Dog 35 CN State ComLea County, NM675 BBLs673 MCFSep 2024
StateLea County, NM236 BBLs7,395 MCFOct 2024
Stratocaster 20 FederalLea County, NM2,869 BBLs5,018 MCFOct 2024
Wildcat 21 Li Federal ComLea County, NM328 BBLs616 MCFSep 2024