Penlon Ranch 24 State

Oil & Gas Property in Eddy County, NM

  2. New Mexico
  3. Eddy County, NM
  4. Oil & Gas Properties in Eddy County, NM
  5. Penlon Ranch 24 State Oil & Gas Property

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Property Summary

Key data points for Penlon Ranch 24 State

County,
OperatorMEWBOURNE OIL COMPANY
Production DatesOct 2007 - Mar 2025
Total Oil Production5,308 BBLs
Total Gas Production1,997,921 MCF
Recent Oil Production5 BBLs in Mar 2025
Recent Gas Production1,214 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Penlon Ranch 24 State

ShaleAssessment™

$723 *

MarketMultiple™

$2,392 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Penlon Ranch 24 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Penlon Ranch 24 State
from Oct 2007 to Mar 2025

Wells on Penlon Ranch 24 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,

Leases included in Penlon Ranch 24 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
36222PENLON RANCH 24 STATEMEWBOURNE OIL COEddy County, NM

Nearby Properties

These are the closest 20 properties to the Penlon Ranch 24 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlliedEddy County, NM233 BBLs4,476 MCFMar 2025
Angel Draw 2 State ComEddy County, NM1 BBLs3,795 MCFMar 2025
Avalon Delaware UnitEddy County, NM0 BBLs0 MCFFeb 2025
Burton FlatEddy County, NM10 BBLs9,060 MCFMar 2025
Eddy FT StateEddy County, NM0 BBLs0 MCFFeb 2025
Eddy FV StateEddy County, NM0 BBLs0 MCFFeb 2025
Eddy Ge State ComEddy County, NM0 BBLs0 MCFFeb 2025
Federal VEddy County, NM0 BBLs482 MCFMar 2025
Mad Max 6 Federal ComEddy County, NM42,833 BBLs323,352 MCFMar 2025
Maralo 3Eddy County, NM0 BBLs591 MCFMar 2025
Mesa Macho ComEddy County, NM0 BBLs0 MCFDec 2001
Oxy Big HossEddy County, NM0 BBLs0 MCFNov 2022
Oxy Hopsing FederalEddy County, NM0 BBLs981 MCFMar 2025
Oxy Uncle Ben StateEddy County, NM0 BBLs0 MCFOct 2022
Penlon 22Eddy County, NM0 BBLs0 MCFFeb 2025
Potts FederalEddy County, NM0 BBLs236 MCFMar 2025
StateEddy County, NM0 BBLs3,827 MCFMar 2025
StonewallEddy County, NM17 BBLs1,085 MCFMar 2025
Voyager 11 Eh Federal ComEddy County, NM142 BBLs4,677 MCFMar 2025
Wine Mixer 21 20Eddy County, NM40,551 BBLs162,039 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the Penlon Ranch 24 State property.

Company Name