Althea 18 Federal

Oil & Gas Property in Eddy County, NM

  2. New Mexico
  3. Eddy County, NM
  4. Oil & Gas Properties in Eddy County, NM
  5. Althea 18 Federal Oil & Gas Property

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Property Summary

Key data points for Althea 18 Federal

County,
OperatorMEWBOURNE OIL COMPANY
Production DatesJan 2024 - Mar 2025
Total Oil Production234,853 BBLs
Total Gas Production1,031,101 MCF
Recent Oil Production9,665 BBLs in Mar 2025
Recent Gas Production55,042 MCF in Mar 2025
Wells on Property9

Our Valuation Estimates for Althea 18 Federal

ShaleAssessment™

Not Available

MarketMultiple™

$1,498,571 **

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

Based on a decimal interest

Althea 18 Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Althea 18 Federal
from Jan 2024 to Mar 2025

Wells on Althea 18 Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

Leases included in Althea 18 Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
333828ALTHEA 18 FEDERALMEWBOURNE OIL COEddy County, NM

Nearby Properties

These are the closest 20 properties to the Althea 18 Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Brushy 12Eddy County, NM92 BBLs0 MCFApr 2025
Casey Jones 21 Federal ComEddy County, NM115,705 BBLs641,634 MCFMar 2025
DiverseEddy County, NM178 BBLs0 MCFMar 2025
FederalEddy County, NM0 BBLs0 MCFFeb 2022
Full Tilt 18 7 FederalEddy County, NM37,837 BBLs223,231 MCFMar 2025
Fuller 13 12Eddy County, NM107,359 BBLs420,177 MCFMar 2025
Fuller 13 24Eddy County, NM62,540 BBLs451,973 MCFMar 2025
Fuller 14 11Eddy County, NM167,456 BBLs772,873 MCFMar 2025
Gulf B FederalEddy County, NM3 BBLs0 MCFMar 2025
Gulf BeatyEddy County, NM0 BBLs0 MCFJun 2024
Gulf FederalEddy County, NM0 BBLs0 MCFNov 2021
Melson ZS FederalEddy County, NM0 BBLs0 MCFMay 2024
RDX 1Eddy County, NM357 BBLs514 MCFMar 2025
RDX 17 Federal ComEddy County, NM0 BBLs0 MCFMay 2024
RDX 21Eddy County, NM594 BBLs1,010 MCFMar 2025
RDX FedEddy County, NM13,851 BBLs88,272 MCFMar 2025
Ross Draw 2Eddy County, NM0 BBLs0 MCFFeb 2025
Ross Draw 25Eddy County, NM0 BBLs0 MCFFeb 2025
Tar Heel 19 18Eddy County, NM1,691 BBLs13,850 MCFMar 2025
Yates 8 FederalEddy County, NM0 BBLs0 MCFApr 2024

Companies in the Area

These are the closest 0 companies operating near the Althea 18 Federal property.

Company Name