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 - Oct 2024
Total Oil Production643,944 BBLs
Total Gas Production1,040,092 MCF
Recent Oil Production4,219 BBLs in Oct 2024
Recent Gas Production10,718 MCF in Oct 2024
Wells on Property2

Our Valuation Estimates for Gazelle 22 B3

ShaleAssessment

Not Available

MarketMultiple

$566,959 **

* 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 Oct 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, NM759 BBLs16,865 MCFOct 2024
Belco FederalLea County, NM0 BBLs0 MCFSep 2018
Bonanza FederalLea County, NM141 BBLs33 MCFOct 2024
Broadcaster 29 FederalLea County, NM3,216 BBLs4,906 MCFNov 2024
Curry FederalLea County, NM0 BBLs0 MCFOct 2008
Curry StateLea County, NM242 BBLs45 MCFOct 2024
FlorenceLea County, NM35,207 BBLs160,720 MCFOct 2024
Gazelle 22 B2Lea County, NM5,243 BBLs14,213 MCFOct 2024
Ibex 15 10 BLea County, NM21,908 BBLs70,926 MCFOct 2024
Ibex 15 10 Federal ComLea County, NM35,689 BBLs117,574 MCFOct 2024
Keller 2Lea County, NM0 BBLs0 MCFFeb 2024
Keller 3Lea County, NM177 BBLs607 MCFOct 2024
Mad Dog 26Lea County, NM272,173 BBLs480,489 MCFOct 2024
Mad Dog 26 B3NC State ComLea County, NM1,699 BBLs1,023 MCFOct 2024
Mad Dog 26 MD State Com 001HLea County, NM339 BBLs87 MCFOct 2024
Mad Dog 35 BLea County, NM1,535 BBLs3,891 MCFOct 2024
Pronghorn StateLea County, NM343 BBLs71 MCFOct 2024
StateLea County, NM240 BBLs7,468 MCFOct 2024
Stratocaster 20 FederalLea County, NM3,884 BBLs7,905 MCFNov 2024
Wildcat 21 Li Federal ComLea County, NM347 BBLs411 MCFOct 2024