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

CountyEddy County, NM
OperatorMEWBOURNE OIL COMPANY
Production DatesJan 2024 - Feb 2024
Total Oil Production65,581 BBLs
Total Gas Production276,359 MCF
Recent Oil Production36,108 BBLs in Feb 2024
Recent Gas Production153,396 MCF in Feb 2024
Wells on Property9

Our Valuation Estimates for Althea 18 Federal

ShaleAssessment™

Not Available

MarketMultiple™

$4,144,119 **

* 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 Feb 2024

Wells on Althea 18 Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-53437ALTHEA 18 FEDERAL 102HMEWBOURNE OIL CONewEddy County, NM32.036806-103.914437
30-015-53484ALTHEA 18 FEDERAL 103HMEWBOURNE OIL CONewEddy County, NM32.036816-103.916625
30-015-53486ALTHEA 18 FEDERAL 101HMEWBOURNE OIL CONewEddy County, NM32.036809-103.914292
30-015-53487ALTHEA 18 FEDERAL 105HMEWBOURNE OIL CONewEddy County, NM32.036815-103.918944
30-015-53488ALTHEA 18 FEDERAL 201HMEWBOURNE OIL CONewEddy County, NM32.036684-103.913861
30-015-53489ALTHEA 18 FEDERAL 202HMEWBOURNE OIL CONewEddy County, NM32.036816-103.916577
30-015-53490ALTHEA 18 FEDERAL 203HMEWBOURNE OIL CONewEddy County, NM32.035465-103.917819
30-015-53492ALTHEA 18 FEDERAL 763HMEWBOURNE OIL CONewEddy County, NM32.036650-103.916915
30-015-53515ALTHEA 18 FEDERAL 104HMEWBOURNE OIL CONewEddy County, NM32.036816-103.916722

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, NM164 BBLs0 MCFFeb 2024
DiverseEddy County, NM169 BBLs0 MCFFeb 2024
FederalEddy County, NM0 BBLs0 MCFFeb 2022
Full Tilt 18 7 FederalEddy County, NM201,243 BBLs818,164 MCFFeb 2024
Fuller 13 12Eddy County, NM28,764 BBLs161,904 MCFFeb 2024
Fuller 13 24Eddy County, NM23,170 BBLs151,573 MCFFeb 2024
Fuller 14 11Eddy County, NM214,237 BBLs795,225 MCFFeb 2024
Gulf B FederalEddy County, NM1 BBLs0 MCFFeb 2024
Gulf BeatyEddy County, NM0 BBLs0 MCFNov 2021
Gulf FederalEddy County, NM0 BBLs0 MCFNov 2021
Melson ZS FederalEddy County, NM0 BBLs0 MCFMar 2023
RDX 1Eddy County, NM1,679 BBLs2,544 MCFFeb 2024
RDX 17 Federal ComEddy County, NM0 BBLs0 MCFAug 2023
RDX 21Eddy County, NM379 BBLs1,257 MCFFeb 2024
RDX FedEddy County, NM13,375 BBLs80,632 MCFFeb 2024
Ross Draw 2Eddy County, NM1,044 BBLs3,964 MCFFeb 2024
Ross Draw 25Eddy County, NM13,247 BBLs126,103 MCFFeb 2024
Shady Pines 24 36Eddy County, NM26,136 BBLs131,507 MCFFeb 2024
Tar Heel 19 18Eddy County, NM50,662 BBLs250,029 MCFMar 2024
Yates 8 FederalEddy County, NM0 BBLs0 MCFDec 2023

Companies in the Area

These are the closest 20 companies operating near the Althea 18 Federal property.

Company Name
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co
Claco Oil Co
Curtis Hankamer
EOG Resources Inc
EOG Y Resources Inc
Exco Resources Inc
Fuller Petroleum Inc
J C Williamson
K P Kauffman Company Inc
K&M Resources LLC
Mewbourne Oil Company
Oxy USA Inc
Pogo Producing Company
Stephens & Johnson Op Co
Wagner Oil Company
WPX Energy Permian, LLC
XTO Energy Inc.
XTO Permian Operating LLC.