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 - May 2025 |
| Total Oil Production | 5,311 BBLs |
| Total Gas Production | 2,000,436 MCF |
| Recent Oil Production | 0 BBLs in May 2025 |
| Recent Gas Production | 912 MCF in May 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Penlon Ranch 24 State
ShaleAssessment™
$705 *
MarketMultiple™
$3,491 **
* 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 | 248 BBLs | 3,952 MCF | May 2025 |
| Angel Draw 2 State Com | Eddy County, NM | 2 BBLs | 6,035 MCF | May 2025 |
| Angell 6 Federal | Eddy County, NM | 1 BBLs | 2 MCF | May 2025 |
| Avalon Delaware Unit | Eddy County, NM | 7,495 BBLs | 3,977 MCF | May 2025 |
| Burton Flat | Eddy County, NM | 0 BBLs | 7,160 MCF | May 2025 |
| Eddy FT State | Eddy County, NM | 0 BBLs | 2,567 MCF | May 2025 |
| Eddy FV State | Eddy County, NM | 24 BBLs | 798 MCF | May 2025 |
| Eddy Ge State Com | Eddy County, NM | 0 BBLs | 1,867 MCF | May 2025 |
| Federal V | Eddy County, NM | 0 BBLs | 851 MCF | May 2025 |
| Keystone | Eddy County, NM | 0 BBLs | 0 MCF | Feb 2025 |
| Koala 9 Federal Com | Eddy County, NM | 45,098 BBLs | 413,215 MCF | May 2025 |
| Mad Max 6 Federal Com | Eddy County, NM | 37,604 BBLs | 296,956 MCF | May 2025 |
| Maralo 3 | Eddy County, NM | 0 BBLs | 825 MCF | May 2025 |
| Oxy Big Hoss | Eddy County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Oxy Hopsing Federal | Eddy County, NM | 0 BBLs | 1,002 MCF | May 2025 |
| Penlon 22 | Eddy County, NM | 0 BBLs | 1,158 MCF | May 2025 |
| Potts Federal | Eddy County, NM | 0 BBLs | 218 MCF | May 2025 |
| State | Eddy County, NM | 0 BBLs | 1,301 MCF | May 2025 |
| Stonewall | Eddy County, NM | 0 BBLs | 1,000 MCF | May 2025 |
| Wine Mixer 21 20 | Eddy County, NM | 49,225 BBLs | 170,877 MCF | May 2025 |
These are the closest 20 companies operating near the Penlon Ranch 24 State property.