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 - Jun 2025 |
| Total Oil Production | 5,311 BBLs |
| Total Gas Production | 2,001,286 MCF |
| Recent Oil Production | 0 BBLs in Jun 2025 |
| Recent Gas Production | 850 MCF in Jun 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Penlon Ranch 24 State
ShaleAssessment™
$695 *
MarketMultiple™
$4,529 **
* 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 | 97 BBLs | 1,669 MCF | Jun 2025 |
| Angel Draw 2 State Com | Eddy County, NM | 1 BBLs | 5,753 MCF | Jun 2025 |
| Angell 6 Federal | Eddy County, NM | 0 BBLs | 0 MCF | May 2025 |
| Avalon Delaware Unit | Eddy County, NM | 7,038 BBLs | 3,792 MCF | Jun 2025 |
| Burton Flat | Eddy County, NM | 0 BBLs | 7,436 MCF | Jun 2025 |
| Eddy FT State | Eddy County, NM | 0 BBLs | 2,378 MCF | Jun 2025 |
| Eddy FV State | Eddy County, NM | 23 BBLs | 737 MCF | Jun 2025 |
| Eddy Ge State Com | Eddy County, NM | 0 BBLs | 2,140 MCF | Jun 2025 |
| Federal V | Eddy County, NM | 0 BBLs | 1,417 MCF | Jun 2025 |
| Keystone | Eddy County, NM | 0 BBLs | 352 MCF | Jun 2025 |
| Mad Max 6 Federal Com | Eddy County, NM | 34,607 BBLs | 273,396 MCF | Jun 2025 |
| Maralo 3 | Eddy County, NM | 0 BBLs | 1,022 MCF | Jun 2025 |
| Mesa Macho Com | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2001 |
| Oxy Big Hoss | Eddy County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Oxy Hopsing Federal | Eddy County, NM | 0 BBLs | 976 MCF | Jul 2025 |
| Penlon 22 | Eddy County, NM | 0 BBLs | 1,025 MCF | Jun 2025 |
| Potts Federal | Eddy County, NM | 0 BBLs | 310 MCF | Jun 2025 |
| State | Eddy County, NM | 0 BBLs | 1,517 MCF | Jun 2025 |
| Stonewall | Eddy County, NM | 0 BBLs | 2,549 MCF | Jun 2025 |
| Wine Mixer 21 20 | Eddy County, NM | 80,458 BBLs | 288,099 MCF | Jun 2025 |
These are the closest 20 companies operating near the Penlon Ranch 24 State property.