Magnum 16 State

Oil & Gas Property in Eddy County, NM

  2. New Mexico
  3. Eddy County, NM
  4. Oil & Gas Properties in Eddy County, NM
  5. Magnum 16 State Oil & Gas Property

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Property Summary

Key data points for Magnum 16 State

CountyEddy County, NM
Production DatesApr 2001 - Mar 2026
Total Oil Production135,384 BBLs
Total Gas Production2,064,077 MCF
Recent Oil Production37 BBLs in Mar 2026
Recent Gas Production2,621 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Magnum 16 State

ShaleAssessment™

$22,932 *

MarketMultiple™

$53,305 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Magnum 16 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Magnum 16 State
from Apr 2001 to Mar 2026

Wells on Magnum 16 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-31262MAGNUM 16 STATE 002Coterra Energy Operating Co.ActiveEddy County, NM32.662556-104.074493
30-015-37632MAGNUM 16 STATE 003HCoterra Energy Operating Co.NewEddy County, NM32.654411-104.073914
30-015-38138MAGNUM 16 STATE 004ECIMAREX ENERGY CO. OF COLORADOCancelledEddy County, NM32.666947-104.077733

Leases included in Magnum 16 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
26354MAGNUM 16 STATECIMAREX ENERGY CO. OF COLORADOEddy County, NM
338663MAGNUM 16 STATECoterra Energy Operating Co.Eddy County, NM

Operators Associated With Magnum 16 State

Nearby Properties

These are the closest 20 properties to the Magnum 16 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Agate Pwu 21Eddy County, NM5,509 BBLs59,164 MCFMar 2026
ContinentalEddy County, NM0 BBLs0 MCFMar 2018
Diamond Pwu 22Eddy County, NM2,556 BBLs26,734 MCFMar 2026
Dicky SullivanEddy County, NM0 BBLs0 MCFMay 2017
Emerald Pwu 20Eddy County, NM4,105 BBLs41,361 MCFMar 2026
Oxy Checker StateEddy County, NM0 BBLs0 MCFDec 2025
Oxy Sparkplug StateEddy County, NM0 BBLs28 MCFApr 2026
ParkwayEddy County, NM581 BBLs6,092 MCFMar 2026
Parkway 1Eddy County, NM17,945 BBLs152,131 MCFMar 2026
Parkway 15 14Eddy County, NM11,143 BBLs100,734 MCFMar 2026
Parkway 2Eddy County, NM1,722 BBLs22,193 MCFMar 2026
Parkway StateEddy County, NM1,791 BBLs11,700 MCFMar 2026
Parkway WestEddy County, NM0 BBLs4,212 MCFMar 2026
Phantom 18 StateEddy County, NM321 BBLs1,682 MCFMar 2026
Read And Stevens StateEddy County, NM0 BBLs0 MCFDec 2021
Sand Dune StateEddy County, NM0 BBLs0 MCFMay 2018
Sapphire 11 12Eddy County, NM14,776 BBLs70,902 MCFMar 2026
Solomon StateEddy County, NM0 BBLs0 MCFOct 2019
Turkey TrackEddy County, NM26,890 BBLs196,914 MCFApr 2026
Zircon 2 State ComEddy County, NM433 BBLs2,468 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Magnum 16 State property.

Company Name
3R Operating , LLC
Acacia Operating Company, LLC
Bold Energy, L.P.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Coterra Energy Operating Co.
Devon Energy Production Company, L.P.
Devon Louisiana Corporation
Dominion Oklahoma Texas Expl & Prod Inc
EOG M Resources, Inc.
EOG Resources Inc
Mack Energy Corporation
Mewbourne Oil Company
Oxy USA Inc
Oxy USA WTP Limited Partnership
Permian Resources Operating, LLC
Rodney B Webb Dba Webb Oil Co
Santa Fe Energy Operating Partners L P
Snow Oil & Gas Inc.
XTO Permian Operating LLC.