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 - Oct 2025 |
| Total Oil Production | 4,285,303 BBLs |
| Total Gas Production | 18,740,665 MCF |
| Recent Oil Production | 23,319 BBLs in Oct 2025 |
| Recent Gas Production | 136,779 MCF in Oct 2025 |
| Wells on Property | 12 |
Our Valuation Estimates for Armstrong 26 23
ShaleAssessment™
Not Available
MarketMultiple™
$4,451,299 **
* 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 | 63,628 BBLs | 493,359 MCF | Oct 2025 |
| Arabian 30 1 | Lea County, NM | 3,785 BBLs | 16,378 MCF | Oct 2025 |
| Armstrong 26 35 W | Eddy County, NM | 15,957 BBLs | 110,718 MCF | Oct 2025 |
| Armstrong 35 2 | Eddy County, NM | 68,533 BBLs | 390,980 MCF | Oct 2025 |
| Bebop 36 | Eddy County, NM | 395 BBLs | 4,828 MCF | Oct 2025 |
| Bebop 36 25 | Eddy County, NM | 28,184 BBLs | 145,178 MCF | Oct 2025 |
| Bebop 36 25 W | Eddy County, NM | 11,863 BBLs | 67,384 MCF | Oct 2025 |
| Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Big Sinks 1 12 | Eddy County, NM | 544 BBLs | 1,941 MCF | Oct 2025 |
| Big Sinks 1 W1 | Eddy County, NM | 1,124 BBLs | 8,904 MCF | Oct 2025 |
| Big Sinks Draw 25 | Eddy County, NM | 166 BBLs | 231 MCF | Oct 2025 |
| Coltrane 36 25 | Eddy County, NM | 17,772 BBLs | 98,360 MCF | Oct 2025 |
| Coltrane 36 B2pa State | Eddy County, NM | 1,026 BBLs | 3,837 MCF | Oct 2025 |
| Cotton Draw | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Lusitano 27 | Eddy County, NM | 27,281 BBLs | 185,532 MCF | Oct 2025 |
| Morgan 25 13 Federal Com | Eddy County, NM | 188,558 BBLs | 971,558 MCF | Oct 2025 |
| Mule 23 11 Federal Com | Eddy County, NM | 99,460 BBLs | 695,202 MCF | Oct 2025 |
| Presidente BPD State Com | Lea County, NM | 487 BBLs | 2,554 MCF | Oct 2025 |
| Shetland 2 11 State Federal Com | Eddy County, NM | 5,118 BBLs | 25,509 MCF | Oct 2025 |
| Shire 22 15 Federal Com | Eddy County, NM | 28,248 BBLs | 117,908 MCF | Oct 2025 |
These are the closest 20 companies operating near the Armstrong 26 23 property.