Oil & Gas Property in Lea County, NM
Key data points for Marathon Road 1
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jan 2010 - Sep 2024 |
| Total Oil Production | 1,993,791 BBLs |
| Total Gas Production | 3,267,371 MCF |
| Recent Oil Production | 1,326 BBLs in Sep 2024 |
| Recent Gas Production | 4,714 MCF in Sep 2024 |
| Wells on Property | 9 |
Our Valuation Estimates for Marathon Road 1
ShaleAssessment™
$350,646 *
MarketMultiple™
$815,602 **
* 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 Marathon Road 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ballard De Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2018 |
| Black & Tan 27 Federal Com | Lea County, NM | 5,414 BBLs | 33,401 MCF | Oct 2024 |
| Coyote 10 Federal | Lea County, NM | 14 BBLs | 90 MCF | Sep 2024 |
| Cruces Federal | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Federal | Lea County, NM | 86 BBLs | 2,771 MCF | Oct 2024 |
| Fletcher | Lea County, NM | 58 BBLs | 1 MCF | Oct 2024 |
| Hanson | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Hanson 26 Federal | Lea County, NM | 3,477 BBLs | 15,360 MCF | Oct 2024 |
| Laguna 23 2BS Federal Com | Lea County, NM | 1,308 BBLs | 3,456 MCF | Oct 2024 |
| Laguna 23 Federal Com | Lea County, NM | 399 BBLs | 2,218 MCF | Oct 2024 |
| Laurie D Federal | Lea County, NM | 18 BBLs | 85 MCF | Sep 2024 |
| Lea Federal Unit | Lea County, NM | 991 BBLs | 18,107 MCF | Oct 2024 |
| Lea Unit | Lea County, NM | 33,054 BBLs | 148,039 MCF | Oct 2024 |
| Lynch | Lea County, NM | 1,338 BBLs | 10,576 MCF | Oct 2024 |
| Lynch 23 Federal Com | Lea County, NM | 3,709 BBLs | 15,246 MCF | Oct 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea | Lea County, NM | 4,707 BBLs | 5,887 MCF | Oct 2024 |
| Paloma 21 Federal Com | Lea County, NM | 8,843 BBLs | 13,451 MCF | Oct 2024 |
| Perry 22 Federal Com | Lea County, NM | 1,586 BBLs | 4,475 MCF | Oct 2024 |
| Quail 16 State | Lea County, NM | 7,257 BBLs | 8,529 MCF | Oct 2024 |
These are the closest 20 companies operating near the Marathon Road 1 property.