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 - Nov 2025 |
| Total Oil Production | 4,305,140 BBLs |
| Total Gas Production | 18,846,736 MCF |
| Recent Oil Production | 19,837 BBLs in Nov 2025 |
| Recent Gas Production | 106,071 MCF in Nov 2025 |
| Wells on Property | 12 |
Our Valuation Estimates for Armstrong 26 23
ShaleAssessment™
Not Available
MarketMultiple™
$4,278,623 **
* 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 | 62,812 BBLs | 484,543 MCF | Nov 2025 |
| Arabian 30 1 | Lea County, NM | 3,358 BBLs | 13,982 MCF | Nov 2025 |
| Armstrong 26 35 W | Eddy County, NM | 16,412 BBLs | 103,202 MCF | Nov 2025 |
| Armstrong 35 2 | Eddy County, NM | 67,817 BBLs | 353,021 MCF | Nov 2025 |
| Bebop 36 | Eddy County, NM | 0 BBLs | 353 MCF | Nov 2025 |
| Bebop 36 25 | Eddy County, NM | 28,458 BBLs | 127,015 MCF | Nov 2025 |
| Bebop 36 25 W | Eddy County, NM | 12,936 BBLs | 63,752 MCF | Nov 2025 |
| Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Big Sinks 1 12 | Eddy County, NM | 76,519 BBLs | 285,478 MCF | Nov 2025 |
| Big Sinks Draw 25 | Eddy County, NM | 1,961 BBLs | 4,927 MCF | Nov 2025 |
| Coltrane 36 25 | Eddy County, NM | 19,282 BBLs | 92,281 MCF | Nov 2025 |
| Coltrane 36 B2pa State | Eddy County, NM | 339 BBLs | 2,908 MCF | Nov 2025 |
| Cotton Draw | Eddy County, NM | 80 BBLs | 238 MCF | Nov 2025 |
| Lusitano 27 | Eddy County, NM | 23,477 BBLs | 161,830 MCF | Nov 2025 |
| Morgan 25 13 Federal Com | Eddy County, NM | 847,728 BBLs | 4,257,106 MCF | Nov 2025 |
| Mule 23 11 Federal Com | Eddy County, NM | 91,218 BBLs | 611,014 MCF | Nov 2025 |
| Presidente BPD State Com | Lea County, NM | 333 BBLs | 1,807 MCF | Nov 2025 |
| Shetland 2 11 State Federal Com | Eddy County, NM | 0 BBLs | 139 MCF | Nov 2025 |
| Shire 22 15 Federal Com | Eddy County, NM | 23,720 BBLs | 86,241 MCF | Nov 2025 |
| Shire 22 Federal | Eddy County, NM | 3,981 BBLs | 7,256 MCF | Nov 2025 |
These are the closest 20 companies operating near the Armstrong 26 23 property.