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 2025 |
| Total Oil Production | 640,759 BBLs |
| Total Gas Production | 3,587,883 MCF |
| Recent Oil Production | 1,968 BBLs in May 2025 |
| Recent Gas Production | 15,550 MCF in May 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Cass 16 State
ShaleAssessment™
$36,254 *
MarketMultiple™
$304,119 **
* 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 | 369 BBLs | 2,499 MCF | May 2025 |
| C 17 State | Eddy County, NM | 0 BBLs | 2,011 MCF | May 2025 |
| C State 16 | Eddy County, NM | 950 BBLs | 10,705 MCF | May 2025 |
| Cass Draw 10 23 27 Fee | Eddy County, NM | 710 BBLs | 6,218 MCF | May 2025 |
| Cavern 16 State | Eddy County, NM | 500 BBLs | 8,539 MCF | May 2025 |
| Crossbow WC Federal Com | Eddy County, NM | 19,703 BBLs | 89,991 MCF | May 2025 |
| Cypress | Eddy County, NM | 1,254 BBLs | 32,337 MCF | May 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 | 64 BBLs | 4 MCF | May 2025 |
| Jester 19 30 W | Eddy County, NM | 1,384 BBLs | 20,274 MCF | May 2025 |
| Johnson 10 23 27 Fee | Eddy County, NM | 1,142 BBLs | 6,198 MCF | May 2025 |
| Mobil 21 State | Eddy County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Ranch Hand 1 | Eddy County, NM | 0 BBLs | 22 MCF | May 2025 |
| Ranch Hand 5 | Eddy County, NM | 0 BBLs | 1,263 MCF | May 2025 |
| Sandia Fee | Eddy County, NM | 0 BBLs | 0 MCF | Apr 2025 |
| Skeleton Fee | Eddy County, NM | 134 BBLs | 510 MCF | May 2025 |
| Stephens | Eddy County, NM | 0 BBLs | 400 MCF | May 2025 |
| Sterling | Eddy County, NM | 1,529 BBLs | 6,426 MCF | May 2025 |
| Sterling Pound 20 29 W2de State Com | Eddy County, NM | 950 BBLs | 16,412 MCF | May 2025 |
These are the closest 20 companies operating near the Cass 16 State property.