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 2025
Total Oil Production252,238 BBLs
Total Gas Production1,130,494 MCF
Recent Oil Production8,225 BBLs in May 2025
Recent Gas Production43,509 MCF in May 2025
Wells on Property9

Our Valuation Estimates for Althea 18 Federal

ShaleAssessment™

Not Available

MarketMultiple™

$1,352,126 **

* 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 2025

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, NM137 BBLs0 MCFMay 2025
Casey Jones 21 Federal ComEddy County, NM98,971 BBLs582,511 MCFMay 2025
DiverseEddy County, NM138 BBLs0 MCFMay 2025
FederalEddy County, NM0 BBLs0 MCFFeb 2022
Full Tilt 18 7 FederalEddy County, NM33,018 BBLs177,148 MCFMay 2025
Fuller 13 12Eddy County, NM160,509 BBLs611,941 MCFMay 2025
Fuller 13 24Eddy County, NM68,684 BBLs404,393 MCFMay 2025
Gulf B FederalEddy County, NM0 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, NM623 BBLs660 MCFMay 2025
RDX 17 Federal ComEddy County, NM0 BBLs0 MCFMay 2024
RDX 21Eddy County, NM489 BBLs855 MCFMay 2025
RDX FedEddy County, NM13,391 BBLs85,438 MCFMay 2025
Ross Draw 2Eddy County, NM1,373 BBLs10,257 MCFMay 2025
Shady Pines 24 36Eddy County, NM2,165 BBLs21,240 MCFMay 2025
Shady Pines State Federal ComEddy County, NM5,331 BBLs34,436 MCFMay 2025
Tar Heel 19 18Eddy County, NM121,146 BBLs1,088,186 MCFMay 2025
Yates 8 FederalEddy County, NM0 BBLs0 MCFApr 2024

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