Oil & Gas Property in Eddy County, NM
Key data points for Armstrong 26 23
| County | Eddy County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Apr 2020 - Aug 2025 |
| Total Oil Production | 4,237,759 BBLs |
| Total Gas Production | 18,450,502 MCF |
| Recent Oil Production | 26,157 BBLs in Aug 2025 |
| Recent Gas Production | 153,995 MCF in Aug 2025 |
| Wells on Property | 12 |
Our Valuation Estimates for Armstrong 26 23
ShaleAssessment™
Not Available
MarketMultiple™
$4,524,271 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Armstrong 26 23 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Almost Eddy 3 | Lea County, NM | 70,339 BBLs | 534,213 MCF | Aug 2025 |
| Arabian 30 1 | Lea County, NM | 6,261 BBLs | 25,638 MCF | Aug 2025 |
| Armstrong 26 35 W | Eddy County, NM | 23,099 BBLs | 156,700 MCF | Aug 2025 |
| Armstrong 35 2 | Eddy County, NM | 87,688 BBLs | 482,342 MCF | Aug 2025 |
| Bebop 36 | Eddy County, NM | 1,115 BBLs | 13,187 MCF | Aug 2025 |
| Bebop 36 25 | Eddy County, NM | 38,061 BBLs | 178,613 MCF | Aug 2025 |
| Bebop 36 25 W | Eddy County, NM | 17,466 BBLs | 89,430 MCF | Aug 2025 |
| Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Big Sinks 1 12 | Eddy County, NM | 8,302 BBLs | 70,849 MCF | Aug 2025 |
| Big Sinks 1 W1 | Eddy County, NM | 5,155 BBLs | 31,851 MCF | Aug 2025 |
| Big Sinks Draw 25 | Eddy County, NM | 1,485 BBLs | 5,441 MCF | Aug 2025 |
| Coltrane 36 25 | Eddy County, NM | 20,582 BBLs | 95,581 MCF | Aug 2025 |
| Coltrane 36 B2pa State | Eddy County, NM | 1,428 BBLs | 7,970 MCF | Aug 2025 |
| Cotton Draw | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Exmoor 10 34 Federal Com | Eddy County, NM | 87,711 BBLs | 977,746 MCF | Aug 2025 |
| Lusitano 27 | Eddy County, NM | 25,017 BBLs | 143,898 MCF | Aug 2025 |
| Mule 23 11 Federal Com | Eddy County, NM | 81,887 BBLs | 642,736 MCF | Aug 2025 |
| Presidente BPD State Com | Lea County, NM | 467 BBLs | 4,402 MCF | Aug 2025 |
| Shetland 2 11 State Federal Com | Eddy County, NM | 7,666 BBLs | 34,733 MCF | Aug 2025 |
| Shire 22 15 Federal Com | Eddy County, NM | 33,078 BBLs | 165,628 MCF | Aug 2025 |
These are the closest 20 companies operating near the Armstrong 26 23 property.