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 - Sep 2025 |
| Total Oil Production | 4,261,984 BBLs |
| Total Gas Production | 18,603,886 MCF |
| Recent Oil Production | 24,225 BBLs in Sep 2025 |
| Recent Gas Production | 153,384 MCF in Sep 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 | 65,151 BBLs | 506,768 MCF | Sep 2025 |
| Arabian 30 1 | Lea County, NM | 5,020 BBLs | 21,111 MCF | Sep 2025 |
| Armstrong 26 35 W | Eddy County, NM | 20,975 BBLs | 141,574 MCF | Sep 2025 |
| Armstrong 35 2 | Eddy County, NM | 74,817 BBLs | 415,635 MCF | Sep 2025 |
| Bebop 36 | Eddy County, NM | 436 BBLs | 10,990 MCF | Sep 2025 |
| Bebop 36 25 | Eddy County, NM | 34,714 BBLs | 167,349 MCF | Sep 2025 |
| Bebop 36 25 W | Eddy County, NM | 15,381 BBLs | 82,463 MCF | Sep 2025 |
| Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Big Sinks 1 12 | Eddy County, NM | 5,980 BBLs | 50,790 MCF | Sep 2025 |
| Big Sinks 1 W1 | Eddy County, NM | 4,227 BBLs | 26,399 MCF | Sep 2025 |
| Big Sinks Draw 25 | Eddy County, NM | 279 BBLs | 877 MCF | Sep 2025 |
| Coltrane 36 25 | Eddy County, NM | 19,023 BBLs | 94,587 MCF | Sep 2025 |
| Coltrane 36 B2pa State | Eddy County, NM | 482 BBLs | 4,540 MCF | Sep 2025 |
| Cotton Draw | Eddy County, NM | 0 BBLs | 0 MCF | Jul 2025 |
| Exmoor 10 34 Federal Com | Eddy County, NM | 76,322 BBLs | 861,864 MCF | Sep 2025 |
| Lusitano 27 | Eddy County, NM | 25,137 BBLs | 144,433 MCF | Sep 2025 |
| Mule 23 11 Federal Com | Eddy County, NM | 82,773 BBLs | 622,225 MCF | Sep 2025 |
| Presidente BPD State Com | Lea County, NM | 520 BBLs | 4,749 MCF | Sep 2025 |
| Shetland 2 11 State Federal Com | Eddy County, NM | 4,401 BBLs | 21,110 MCF | Sep 2025 |
| Shire 22 15 Federal Com | Eddy County, NM | 30,923 BBLs | 152,688 MCF | Sep 2025 |
These are the closest 20 companies operating near the Armstrong 26 23 property.