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 - May 2026
Total Oil Production322,665 BBLs
Total Gas Production1,503,369 MCF
Recent Oil Production5,202 BBLs in May 2026
Recent Gas Production28,256 MCF in May 2026
Wells on Property5

Our Valuation Estimates for Althea 18 Federal

ShaleAssessment™

Not Available

MarketMultiple™

$747,388 **

* 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 May 2026

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
30-015-53486ALTHEA 18 FEDERAL 101HMEWBOURNE OIL CONewEddy County, NM32.036809-103.914292
30-015-53488ALTHEA 18 FEDERAL 201HMEWBOURNE OIL CONewEddy County, NM32.036684-103.913861
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, NM0 BBLs0 MCFNov 2025
Casey Jones 21 Federal ComEddy County, NM42,042 BBLs287,029 MCFMay 2026
Clawhammer 33 28 21 Federal Com 42Eddy County, NM14,498 BBLs97,274 MCFMay 2026
DiverseEddy County, NM61 BBLs0 MCFMay 2026
FederalEddy County, NM0 BBLs0 MCFFeb 2022
Full Tilt 18 7 FederalEddy County, NM43,863 BBLs250,564 MCFMay 2026
Fuller 13 12Eddy County, NM63,934 BBLs431,562 MCFMay 2026
Fuller 13 24Eddy County, NM43,178 BBLs297,260 MCFMay 2026
Gulf B FederalEddy County, NM0 BBLs0 MCFSep 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, NM1,808 BBLs1,662 MCFMay 2026
RDX 17 Federal ComEddy County, NM0 BBLs0 MCFMay 2024
RDX 21Eddy County, NM1,155 BBLs1,654 MCFMay 2026
RDX FedEddy County, NM12,562 BBLs87,064 MCFMay 2026
Ross Draw 2Eddy County, NM2,614 BBLs4,036 MCFMay 2026
Shady Pines 24 36 Federal ComEddy County, NM11,272 BBLs63,177 MCFMay 2026
Tar Heel 19 18Eddy County, NM107,008 BBLs1,360,266 MCFMay 2026
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
Claco Oil Co
Coterra Energy Operating 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.

Frac'ing activity on Althea 18 Federal

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-015-53492Full Tilt 18/7 Fed 725H