Oil & Gas Property in Lea County, NM
Key data points for Morab 29 20 Federal Com
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Apr 2017 - Dec 2024 |
| Total Oil Production | 888,527 BBLs |
| Total Gas Production | 3,108,035 MCF |
| Recent Oil Production | 2,577 BBLs in Nov 2024 |
| Recent Gas Production | 8,741 MCF in Nov 2024 |
| Wells on Property | 15 |
Our Valuation Estimates for Morab 29 20 Federal Com
ShaleAssessment™
$104,540 *
MarketMultiple™
$611,852 **
* 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 Morab 29 20 Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Almost Eddy 3 | Lea County, NM | 93,410 BBLs | 612,099 MCF | Nov 2024 |
| Arabian 30 1 | Lea County, NM | 4,432 BBLs | 16,992 MCF | Dec 2024 |
| Big Sinks 1 12 | Eddy County, NM | 6,187 BBLs | 36,331 MCF | Nov 2024 |
| Big Sinks Draw 25 | Eddy County, NM | 1,726 BBLs | 9,863 MCF | Dec 2024 |
| Coltrane 36 25 | Eddy County, NM | 12,783 BBLs | 76,281 MCF | Nov 2024 |
| Coltrane 36 B2pa State | Eddy County, NM | 1,205 BBLs | 3,206 MCF | Nov 2024 |
| G E Jordan NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| Haflinger 22 27 Federal Com | Lea County, NM | 65,757 BBLs | 399,430 MCF | Dec 2024 |
| Hallertau | Lea County, NM | 9,090 BBLs | 39,030 MCF | Dec 2024 |
| Jefe 29 Federal Com | Lea County, NM | 91,997 BBLs | 529,565 MCF | Nov 2024 |
| Jefe BSJ Federal Com | Lea County, NM | 1,360 BBLs | 2,166 MCF | Nov 2024 |
| Jennings 27 B2 | Lea County, NM | 7,833 BBLs | 31,927 MCF | Nov 2024 |
| Jennings 27 W | Lea County, NM | 10,145 BBLs | 60,876 MCF | Nov 2024 |
| Marwari 21 16 State Federal Com | Lea County, NM | 298,126 BBLs | 797,833 MCF | Dec 2024 |
| Marwari 28 16 State Federal Com | Lea County, NM | 32,501 BBLs | 80,311 MCF | Dec 2024 |
| Monsanto State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Presidente BPD State Com | Lea County, NM | 680 BBLs | 6,996 MCF | Nov 2024 |
| Sol 28 Federal | Lea County, NM | 551 BBLs | 69 MCF | Dec 2024 |
| Van Doo Dah 2 | Lea County, NM | 11,824 BBLs | 25,628 MCF | Dec 2024 |
| Van Doo Dah 33 | Lea County, NM | 135,818 BBLs | 603,705 MCF | Dec 2024 |
These are the closest 20 companies operating near the Morab 29 20 Federal Com property.