Oil & Gas Property in Lea County, NM
Key data points for Norte 13
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jan 2008 - Sep 2024 |
| Total Oil Production | 3,683 BBLs |
| Total Gas Production | 285,154 MCF |
| Recent Oil Production | 0 BBLs in Sep 2024 |
| Recent Gas Production | 206 MCF in Sep 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Norte 13
ShaleAssessment™
$236 *
MarketMultiple™
$119 **
* 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 Norte 13 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bonanza Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2023 |
| Crazy Wolf 1 2 B2 | Lea County, NM | 108 BBLs | 122 MCF | Sep 2024 |
| Diamondback 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| East Lusk 15 Federal Com | Lea County, NM | 1,602 BBLs | 3,089 MCF | Sep 2024 |
| Excalibur 17 | Lea County, NM | 763 BBLs | 736 MCF | Sep 2024 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Jennings | Lea County, NM | 0 BBLs | 0 MCF | Apr 2023 |
| Korczak Federal | Lea County, NM | 305 BBLs | 5,212 MCF | Sep 2024 |
| Lusk 22 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Lusk 23 Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Maverick | Lea County, NM | 0 BBLs | 0 MCF | Sep 2017 |
| Mustang Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2001 |
| Norte 13 Il Federal 001H | Lea County, NM | 377 BBLs | 425 MCF | Sep 2024 |
| North Maduro Federal Unit | Lea County, NM | 1,583 BBLs | 2,343 MCF | Sep 2024 |
| Paladin Federal | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Signal Ross | Lea County, NM | 0 BBLs | 0 MCF | May 2023 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 63,053 BBLs | 69,217 MCF | Sep 2024 |
| Spyglass 17 Federal | Lea County, NM | 429 BBLs | 259 MCF | Sep 2024 |
| Tonto Federal | Lea County, NM | 2 BBLs | 0 MCF | Sep 2024 |
These are the closest 20 companies operating near the Norte 13 property.