Reeves 26

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Reeves 26

CountyLea County, NM
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesJan 1993 - Sep 2024
Total Oil Production321,939 BBLs
Total Gas Production122,631 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property3

Our Valuation Estimates for Reeves 26

ShaleAssessment

$10,502 *

MarketMultiple

$369 **

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

Based on a decimal interest

Reeves 26 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reeves 26
from Jan 1993 to Sep 2024

Wells on Reeves 26

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-03135REEVES 26 002Franklin Mountain Energy 3, LLCActiveLea County, NM32.713043-103.430222
30-025-03136REEVES 26 003Franklin Mountain Energy 3, LLCActiveLea County, NM32.713036-103.425873
30-025-03137REEVES 26 004Franklin Mountain Energy 3, LLCPlugged (Not Released)Lea County, NM32.715778-103.431290

Leases included in Reeves 26

Lease #Lease NameOperatorCounty
333626REEVES 26Franklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Reeves 26 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alpha State ComLea County, NM87,850 BBLs57,853 MCFFeb 2025
Arco StateLea County, NM0 BBLs0 MCFOct 2024
Belgian Blue 28 21 State ComLea County, NM56,884 BBLs43,560 MCFFeb 2025
Blue Box Federal ComLea County, NM6,510 BBLs4,050 MCFFeb 2025
Eagle State ComLea County, NM15,855 BBLs11,024 MCFFeb 2025
Gateway 2 StateLea County, NM0 BBLs0 MCFJan 2025
Ironhouse 3Lea County, NM0 BBLs0 MCFSep 2024
New Mexico DD StateLea County, NM77 BBLs0 MCFFeb 2025
Norte State ComLea County, NM3,214 BBLs2,471 MCFFeb 2025
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
ReevesLea County, NM0 BBLs0 MCFFeb 1999
Reeves Adq StateLea County, NM0 BBLs0 MCFMar 2008
Reeves Queen WF UnitLea County, NM287 BBLs0 MCFFeb 2025
Rock Steady StateLea County, NM4,346 BBLs330 MCFFeb 2025
Rocky RaccoonLea County, NM1,437 BBLs54 MCFFeb 2025
South VacuumLea County, NM106 BBLs3 MCFFeb 2025
Sprinkle FederalLea County, NM0 BBLs0 MCFMar 2007
StateLea County, NM0 BBLs0 MCFSep 2001
TMBR 1 StateLea County, NM0 BBLs0 MCFDec 2024
Vacuum StateLea County, NM0 BBLs0 MCFApr 2007