Oil Property in Eddy County, NM
Key data points for Gulf State
| County | Eddy County, NM |
|---|---|
| Operator | SAMUEL DALE HUGHES DBA HUGHES DRILLING CO. |
| Production Dates | Jan 1993 - Nov 2025 |
| Total Oil Production | 15,870 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 16 BBLs in Nov 2025 |
| Recent Gas Production | 0 MCF in Nov 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Gulf State
ShaleAssessment™
$488 *
MarketMultiple™
$4,131 **
* 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 Gulf State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Atlantic State | Eddy County, NM | 26 BBLs | 0 MCF | Nov 2025 |
| Aztec Federal | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2020 |
| Black Cat Federal | Eddy County, NM | 646 BBLs | 2,524 MCF | Dec 2025 |
| Camille | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2021 |
| Collier State | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2025 |
| Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Gulf Fluss | Eddy County, NM | 28 BBLs | 0 MCF | Nov 2025 |
| Malco 23 Federal Com | Eddy County, NM | 9,507 BBLs | 22,427 MCF | Dec 2025 |
| Maracas 22 State | Eddy County, NM | 11 BBLs | 3,583 MCF | Dec 2025 |
| Mayaro 22 State | Eddy County, NM | 25,350 BBLs | 66,094 MCF | Dec 2025 |
| Moncrief State | Eddy County, NM | 306 BBLs | 6,269 MCF | Dec 2025 |
| Phillips Balding State | Eddy County, NM | 6 BBLs | 0 MCF | Nov 2025 |
| Pure Federal | Eddy County, NM | 195 BBLs | 960 MCF | Nov 2025 |
| Roo 22 State | Eddy County, NM | 0 BBLs | 1,802 MCF | Nov 2025 |
| Sedona | Eddy County, NM | 44 BBLs | 630 MCF | Nov 2025 |
| Sierra Nevada 23 State Com | Eddy County, NM | 15,637 BBLs | 29,443 MCF | Dec 2025 |
| Spurck 1 | Eddy County, NM | 0 BBLs | 11,013 MCF | Dec 2025 |
| State | Eddy County, NM | 0 BBLs | 601 MCF | Nov 2025 |
| Tumak Federal | Eddy County, NM | 7 BBLs | 751 MCF | Dec 2025 |
| Zait | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2022 |
These are the closest 20 companies operating near the Gulf State property.