Oil & Gas Property in Eddy County, NM
Key data points for Cass 16 State
| County | Eddy County, NM |
|---|---|
| Operator | MARATHON OIL PERMIAN LLC |
| Production Dates | Dec 2016 - May 2026 |
| Total Oil Production | 654,787 BBLs |
| Total Gas Production | 3,704,032 MCF |
| Recent Oil Production | 1,682 BBLs in May 2026 |
| Recent Gas Production | 13,100 MCF in May 2026 |
| Wells on Property | 4 |
Our Valuation Estimates for Cass 16 State
ShaleAssessment™
$28,850 *
MarketMultiple™
$175,452 **
* 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 Cass 16 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bloodhound 15 23 27 Fee | Eddy County, NM | 1,056 BBLs | 6,084 MCF | May 2026 |
| C 17 State | Eddy County, NM | 0 BBLs | 0 MCF | Apr 2026 |
| C State 16 | Eddy County, NM | 732 BBLs | 7,560 MCF | May 2026 |
| Cass Draw 10 23 27 Fee | Eddy County, NM | 702 BBLs | 7,294 MCF | May 2026 |
| Cavern 16 State | Eddy County, NM | 695 BBLs | 5,839 MCF | May 2026 |
| Crossbow WC Federal Com | Eddy County, NM | 15,818 BBLs | 75,037 MCF | May 2026 |
| Cypress | Eddy County, NM | 4,050 BBLs | 35,183 MCF | May 2026 |
| Drag | Eddy County, NM | 0 BBLs | 0 MCF | Aug 2017 |
| Eddy GF State | Eddy County, NM | 0 BBLs | 0 MCF | Oct 2009 |
| Forehand | Eddy County, NM | 91 BBLs | 4 MCF | May 2026 |
| Jester 19 30 W | Eddy County, NM | 933 BBLs | 3,821 MCF | May 2026 |
| Johnson 10 23 27 Fee | Eddy County, NM | 1,244 BBLs | 5,173 MCF | May 2026 |
| Mobil 21 State | Eddy County, NM | 2 BBLs | 0 MCF | May 2026 |
| Ranch Hand 1 | Eddy County, NM | 0 BBLs | 30 MCF | May 2026 |
| Ranch Hand 5 | Eddy County, NM | 0 BBLs | 585 MCF | May 2026 |
| Sandia Fee | Eddy County, NM | 0 BBLs | 60 MCF | May 2026 |
| Skeleton Fee | Eddy County, NM | 115 BBLs | 418 MCF | May 2026 |
| Stephens | Eddy County, NM | 0 BBLs | 0 MCF | Oct 2025 |
| Sterling | Eddy County, NM | 1,261 BBLs | 6,557 MCF | May 2026 |
| Sterling Pound 20 29 W2de State Com | Eddy County, NM | 998 BBLs | 7,404 MCF | May 2026 |
These are the closest 20 companies operating near the Cass 16 State property.