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 - Dec 2025
Total Oil Production134,825 BBLs
Total Gas Production2,052,991 MCF
Recent Oil Production246 BBLs in Dec 2025
Recent Gas Production2,593 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Magnum 16 State

ShaleAssessment™

$23,875 *

MarketMultiple™

$50,358 **

* 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 Dec 2025

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, NM6,083 BBLs66,081 MCFJan 2026
ContinentalEddy County, NM0 BBLs0 MCFMar 2018
Diamond Pwu 22Eddy County, NM2,424 BBLs28,066 MCFJan 2026
Dicky SullivanEddy County, NM0 BBLs0 MCFMay 2017
Emerald Pwu 20Eddy County, NM4,242 BBLs43,748 MCFJan 2026
Oxy Champion StateEddy County, NM0 BBLs5,923 MCFJan 2026
Oxy Checker StateEddy County, NM0 BBLs31 MCFDec 2025
Oxy Sparkplug StateEddy County, NM0 BBLs0 MCFJun 2025
ParkwayEddy County, NM1,279 BBLs8,763 MCFJan 2026
Parkway 1Eddy County, NM19,666 BBLs170,273 MCFDec 2025
Parkway 15 14Eddy County, NM12,396 BBLs99,958 MCFDec 2025
Parkway 2Eddy County, NM2,553 BBLs27,083 MCFJan 2026
Parkway StateEddy County, NM1,890 BBLs11,947 MCFDec 2025
Parkway WestEddy County, NM0 BBLs4,366 MCFJan 2026
Phantom 18 StateEddy County, NM617 BBLs2,210 MCFDec 2025
Read And Stevens StateEddy County, NM0 BBLs0 MCFDec 2021
Sand Dune StateEddy County, NM0 BBLs0 MCFMay 2018
Sapphire 11 12Eddy County, NM12,448 BBLs57,116 MCFDec 2025
Solomon StateEddy County, NM0 BBLs0 MCFOct 2019
Turkey TrackEddy County, NM31,223 BBLs200,691 MCFJan 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.