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 - Aug 2025 |
| Total Oil Production | 643,478 BBLs |
| Total Gas Production | 3,612,475 MCF |
| Recent Oil Production | 790 BBLs in Jul 2025 |
| Recent Gas Production | 6,771 MCF in Jul 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Cass 16 State
ShaleAssessment™
$34,549 *
MarketMultiple™
$278,896 **
* 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 | 781 BBLs | 4,524 MCF | Aug 2025 |
| C 17 State | Eddy County, NM | 2,312 BBLs | 10,330 MCF | Aug 2025 |
| C State 16 | Eddy County, NM | 409 BBLs | 11,462 MCF | Aug 2025 |
| Cass Draw 10 23 27 Fee | Eddy County, NM | 754 BBLs | 6,353 MCF | Aug 2025 |
| Cavern 16 State | Eddy County, NM | 446 BBLs | 5,949 MCF | Aug 2025 |
| Crossbow WC Federal Com | Eddy County, NM | 19,343 BBLs | 96,750 MCF | Aug 2025 |
| Cypress | Eddy County, NM | 825 BBLs | 10,609 MCF | Aug 2025 |
| 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 | 138 BBLs | 4 MCF | Jul 2025 |
| Jester 19 30 W | Eddy County, NM | 679 BBLs | 6,937 MCF | Jul 2025 |
| Johnson 10 23 27 Fee | Eddy County, NM | 1,493 BBLs | 6,897 MCF | Aug 2025 |
| Mobil 21 State | Eddy County, NM | 2 BBLs | 0 MCF | Jul 2025 |
| Ranch Hand 1 | Eddy County, NM | 0 BBLs | 16 MCF | Jul 2025 |
| Ranch Hand 5 | Eddy County, NM | 0 BBLs | 1,445 MCF | Jul 2025 |
| Sandia Fee | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Skeleton Fee | Eddy County, NM | 118 BBLs | 510 MCF | Jul 2025 |
| Stephens | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Sterling | Eddy County, NM | 722 BBLs | 2,989 MCF | Aug 2025 |
| Sterling Pound 20 29 W2de State Com | Eddy County, NM | 824 BBLs | 13,168 MCF | Jul 2025 |
These are the closest 20 companies operating near the Cass 16 State property.