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 - Jun 2025
Total Oil Production259,887 BBLs
Total Gas Production1,170,435 MCF
Recent Oil Production7,649 BBLs in Jun 2025
Recent Gas Production39,941 MCF in Jun 2025
Wells on Property9

Our Valuation Estimates for Althea 18 Federal

ShaleAssessment™

Not Available

MarketMultiple™

$1,274,206 **

* 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 Jun 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, NM88 BBLs0 MCFJun 2025
Casey Jones 21 Federal ComEddy County, NM88,375 BBLs524,028 MCFJun 2025
DiverseEddy County, NM132 BBLs0 MCFJun 2025
FederalEddy County, NM0 BBLs0 MCFFeb 2022
Full Tilt 18 7 FederalEddy County, NM31,305 BBLs162,866 MCFJun 2025
Fuller 13 12Eddy County, NM118,728 BBLs523,207 MCFJun 2025
Fuller 13 24Eddy County, NM58,378 BBLs354,998 MCFJun 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, NM1,296 BBLs956 MCFJun 2025
RDX 17 Federal ComEddy County, NM0 BBLs0 MCFMay 2024
RDX 21Eddy County, NM402 BBLs0 MCFJun 2025
RDX FedEddy County, NM11,390 BBLs79,413 MCFJun 2025
Ross Draw 2Eddy County, NM177 BBLs876 MCFJun 2025
Shady Pines 24 36Eddy County, NM2,038 BBLs14,003 MCFJun 2025
Shady Pines State Federal ComEddy County, NM3,165 BBLs17,879 MCFJun 2025
Tar Heel 19 18Eddy County, NM154,655 BBLs1,388,405 MCFJun 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