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 - Jan 2024 |
| Total Oil Production | 5,260 BBLs |
| Total Gas Production | 1,984,456 MCF |
| Recent Oil Production | 5 BBLs in Jan 2024 |
| Recent Gas Production | 3,633 MCF in Jan 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Penlon Ranch 24 State
ShaleAssessment™
$876 *
MarketMultiple™
$7,437 **
* 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 | 362 BBLs | 9,736 MCF | Jan 2024 |
| Angel Draw 2 State Com | Eddy County, NM | 1 BBLs | 7,678 MCF | Jan 2024 |
| Angell 6 Federal | Eddy County, NM | 75 BBLs | 11 MCF | Jan 2024 |
| Avalon Delaware Unit | Eddy County, NM | 8,142 BBLs | 3,789 MCF | Jan 2024 |
| Burton Flat | Eddy County, NM | 16 BBLs | 12,230 MCF | Jan 2024 |
| Eddy FT State | Eddy County, NM | 0 BBLs | 2,941 MCF | Jan 2024 |
| Eddy FV State | Eddy County, NM | 3 BBLs | 919 MCF | Jan 2024 |
| Eddy Ge State Com | Eddy County, NM | 0 BBLs | 1,745 MCF | Jan 2024 |
| Federal V | Eddy County, NM | 0 BBLs | 2,955 MCF | Jan 2024 |
| Keystone | Eddy County, NM | 290 BBLs | 3,473 MCF | Feb 2024 |
| Mad Max 6 Federal Com | Eddy County, NM | 101,046 BBLs | 409,204 MCF | Jan 2024 |
| Maralo 3 | Eddy County, NM | 0 BBLs | 1,223 MCF | Jan 2024 |
| Oxy Big Hoss | Eddy County, NM | 0 BBLs | 0 MCF | Oct 2022 |
| Oxy Hopsing Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2023 |
| Oxy Uncle Ben State | Eddy County, NM | 0 BBLs | 0 MCF | Apr 2020 |
| Penlon 22 | Eddy County, NM | 0 BBLs | 1,176 MCF | Jan 2024 |
| Potts Federal | Eddy County, NM | 0 BBLs | 338 MCF | Jan 2024 |
| State | Eddy County, NM | 0 BBLs | 1,011 MCF | Jan 2024 |
| Stonewall | Eddy County, NM | 0 BBLs | 1,177 MCF | Jan 2024 |
| Wine Mixer 21 20 B3 | Eddy County, NM | 40,142 BBLs | 102,546 MCF | Jan 2024 |
These are the closest 20 companies operating near the Penlon Ranch 24 State property.