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 - May 2026
Total Oil Production135,727 BBLs
Total Gas Production2,068,923 MCF
Recent Oil Production343 BBLs in May 2026
Recent Gas Production4,391 MCF in May 2026
Wells on Property3

Our Valuation Estimates for Magnum 16 State

ShaleAssessment™

$22,293 *

MarketMultiple™

$50,967 **

* 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 May 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, NM5,451 BBLs55,148 MCFMay 2026
ContinentalEddy County, NM0 BBLs0 MCFMar 2018
Diamond Pwu 22Eddy County, NM1,995 BBLs26,384 MCFMay 2026
Dicky SullivanEddy County, NM0 BBLs0 MCFMay 2017
Emerald Pwu 20Eddy County, NM3,432 BBLs40,269 MCFMay 2026
Longboard Pwu 20Eddy County, NM479 BBLs3,454 MCFMay 2026
Oxy Checker StateEddy County, NM0 BBLs0 MCFDec 2025
Oxy Sparkplug StateEddy County, NM0 BBLs21 MCFMay 2026
ParkwayEddy County, NM1,850 BBLs9,015 MCFMay 2026
Parkway 1Eddy County, NM12,814 BBLs117,220 MCFMay 2026
Parkway 15 14Eddy County, NM8,607 BBLs62,508 MCFMay 2026
Parkway 2Eddy County, NM1,209 BBLs20,907 MCFMay 2026
Parkway StateEddy County, NM1,819 BBLs11,898 MCFMay 2026
Parkway WestEddy County, NM0 BBLs2,709 MCFMay 2026
Phantom 18 StateEddy County, NM307 BBLs1,684 MCFMay 2026
Read And Stevens StateEddy County, NM0 BBLs0 MCFDec 2021
Sand Dune StateEddy County, NM0 BBLs0 MCFMay 2018
Sapphire 11 12Eddy County, NM15,348 BBLs69,470 MCFMay 2026
Solomon StateEddy County, NM0 BBLs0 MCFOct 2019
Turkey TrackEddy County, NM23,598 BBLs183,797 MCFMay 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.