Oil & Gas Property in Chaves County, NM
Key data points for Bonafide 15
| County | Chaves County, NM |
|---|---|
| Operator | ARMSTRONG ENERGY CORPORATION |
| Production Dates | Aug 2017 - Jun 2025 |
| Total Oil Production | 56,067 BBLs |
| Total Gas Production | 30,623 MCF |
| Recent Oil Production | 362 BBLs in Jun 2025 |
| Recent Gas Production | 250 MCF in Jun 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Bonafide 15
ShaleAssessment™
$4,531 *
MarketMultiple™
$49,248 **
* 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 5 properties to the Bonafide 15 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Caprock 12 State Com | Chaves County, NM | 226 BBLs | 311 MCF | Jun 2025 |
| Landlady | Lea County, NM | 0 BBLs | 0 MCF | May 2015 |
| Manry Elliott | Chaves County, NM | 0 BBLs | 979 MCF | Jun 2025 |
| Mescalero Springs State | Chaves County, NM | 0 BBLs | 409 MCF | Jul 2025 |
| Patsy BPH State Com | Chaves County, NM | 22 BBLs | 11,833 MCF | Jun 2025 |
These are the closest 7 companies operating near the Bonafide 15 property.
| Company Name |
|---|
| 3R Operating , LLC |
| Bravo Operating Company |
| Extex Operating Company |
| Opal Operating Company LLC |
| Read & Stevens, Inc. |
| Samson Resources Company |
| Sundown Energy LP |