Oil & Gas Property in Lea County, NM
Key data points for Spanish Bay 18 19 Federal Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jan 2024 - Jan 2025 |
| Total Oil Production | 875,218 BBLs |
| Total Gas Production | 808,196 MCF |
| Recent Oil Production | 41,099 BBLs in Jan 2025 |
| Recent Gas Production | 64,286 MCF in Jan 2025 |
| Wells on Property | 7 |
Our Valuation Estimates for Spanish Bay 18 19 Federal Com
ShaleAssessment™
Not Available
MarketMultiple™
$9,478,716 **
* 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 Spanish Bay 18 19 Federal Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bonanza Federal | Lea County, NM | 4 BBLs | 0 MCF | Jan 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Bondurant Federal | Lea County, NM | 359 BBLs | 467 MCF | Jan 2025 |
| Corvette 4 33 | Lea County, NM | 15,156 BBLs | 26,361 MCF | Jan 2025 |
| Crazy Wolf 1 2 B2 | Lea County, NM | 3,040 BBLs | 3,793 MCF | Jan 2025 |
| Delorean 9 10 | Lea County, NM | 100,285 BBLs | 75,896 MCF | Jan 2025 |
| Diamondback 2 | Lea County, NM | 4,559 BBLs | 8,767 MCF | Jan 2025 |
| Excalibur 17 | Lea County, NM | 1,018 BBLs | 707 MCF | Jan 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Kudu 9 Federal | Lea County, NM | 5 BBLs | 440 MCF | Jan 2025 |
| Maverick | Lea County, NM | 0 BBLs | 0 MCF | Sep 2017 |
| Mustang Federal | Lea County, NM | 0 BBLs | 0 MCF | Feb 2001 |
| Nellis Federal | Lea County, NM | 32 BBLs | 5,279 MCF | Jan 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 25 MCF | Jan 2025 |
| Norte 13 He Federal 001H | Lea County, NM | 479 BBLs | 294 MCF | Jan 2025 |
| Norte 13 Il Federal 001H | Lea County, NM | 669 BBLs | 424 MCF | Jan 2025 |
| North Maduro Federal Unit | Lea County, NM | 609 BBLs | 1,095 MCF | Jan 2025 |
| Paladin Federal | Lea County, NM | 391 BBLs | 1,206 MCF | Jan 2025 |
| Spyglass 17 Federal | Lea County, NM | 311 BBLs | 209 MCF | Jan 2025 |
| Tonto Federal | Lea County, NM | 2 BBLs | 0 MCF | Jan 2025 |
These are the closest 20 companies operating near the Spanish Bay 18 19 Federal Com property.