Oil & Gas Property in Eddy County, NM
Key data points for Penlon Ranch 24 State
| County | Eddy County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Oct 2007 - Jul 2025 |
| Total Oil Production | 5,312 BBLs |
| Total Gas Production | 2,001,618 MCF |
| Recent Oil Production | 1 BBLs in Jul 2025 |
| Recent Gas Production | 332 MCF in Jul 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Penlon Ranch 24 State
ShaleAssessment™
$685 *
MarketMultiple™
$4,845 **
* 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 Penlon Ranch 24 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Allied | Eddy County, NM | 618 BBLs | 5,703 MCF | Jul 2025 |
| Angel Draw 2 State Com | Eddy County, NM | 1 BBLs | 9,171 MCF | Jul 2025 |
| Angell 6 Federal | Eddy County, NM | 0 BBLs | 0 MCF | May 2025 |
| Avalon Delaware Unit | Eddy County, NM | 6,941 BBLs | 4,257 MCF | Jul 2025 |
| Burton Flat | Eddy County, NM | 7 BBLs | 9,758 MCF | Jul 2025 |
| Eddy FT State | Eddy County, NM | 0 BBLs | 2,328 MCF | Jul 2025 |
| Eddy FV State | Eddy County, NM | 0 BBLs | 566 MCF | Jul 2025 |
| Eddy Ge State Com | Eddy County, NM | 0 BBLs | 2,083 MCF | Jul 2025 |
| Federal V | Eddy County, NM | 14 BBLs | 2,550 MCF | Jul 2025 |
| Keystone | Eddy County, NM | 34 BBLs | 1,911 MCF | Aug 2025 |
| Koala 9 Federal Com | Eddy County, NM | 39,423 BBLs | 385,701 MCF | Jul 2025 |
| Mad Max 6 Federal Com | Eddy County, NM | 32,921 BBLs | 256,803 MCF | Jul 2025 |
| Maralo 3 | Eddy County, NM | 0 BBLs | 760 MCF | Jul 2025 |
| Oxy Big Hoss | Eddy County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Oxy Hopsing Federal | Eddy County, NM | 0 BBLs | 920 MCF | Aug 2025 |
| Penlon 22 | Eddy County, NM | 0 BBLs | 1,015 MCF | Jul 2025 |
| Potts Federal | Eddy County, NM | 0 BBLs | 84 MCF | Jul 2025 |
| State | Eddy County, NM | 0 BBLs | 1,382 MCF | Jul 2025 |
| Stonewall | Eddy County, NM | 0 BBLs | 2,402 MCF | Jul 2025 |
| Wine Mixer 21 20 | Eddy County, NM | 81,698 BBLs | 357,093 MCF | Jul 2025 |
These are the closest 20 companies operating near the Penlon Ranch 24 State property.