Phillips Balding State

Oil Property in Eddy County, NM

  2. New Mexico
  3. Eddy County, NM
  4. Oil & Gas Properties in Eddy County, NM
  5. Phillips Balding State Oil Property

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Property Summary

Key data points for Phillips Balding State

County,
OperatorSAMUEL DALE HUGHES DBA HUGHES DRILLING CO.
Production DatesJan 1993 - Mar 2025
Total Oil Production3,759 BBLs
Total Gas Production0 MCF
Recent Oil Production16 BBLs in Mar 2025
Recent Gas Production0 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Phillips Balding State

ShaleAssessment™

Not Available

MarketMultiple™

$992 **

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

Based on a decimal interest

Phillips Balding State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phillips Balding State
from Jan 1993 to Mar 2025

Wells on Phillips Balding State

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

Leases included in Phillips Balding State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
33588PHILLIPS BALDING STATESAMUEL DALE HUGHES DBA HUGHES DRILLING CO.Eddy County, NM

Nearby Properties

These are the closest 20 properties to the Phillips Balding State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlantic StateEddy County, NM38 BBLs0 MCFMar 2025
Aztec FederalEddy County, NM0 BBLs0 MCFDec 2020
Black Cat FederalEddy County, NM0 BBLs0 MCFFeb 2025
CamilleEddy County, NM0 BBLs0 MCFDec 2021
Collier 22 State ComEddy County, NM260 BBLs1,351 MCFMar 2025
Collier StateEddy County, NM22 BBLs243 MCFMar 2025
FederalEddy County, NM0 BBLs0 MCFJun 2021
Gulf StateEddy County, NM35 BBLs0 MCFMar 2025
Malco 23 Federal ComEddy County, NM436 BBLs4,681 MCFMar 2025
Maracas 22 StateEddy County, NM456 BBLs4,825 MCFMar 2025
Mayaro 22 StateEddy County, NM1,235 BBLs12,481 MCFMar 2025
Moncrief StateEddy County, NM287 BBLs4,595 MCFMar 2025
Mule Train 16 StateEddy County, NM0 BBLs0 MCFFeb 2025
Pure FederalEddy County, NM0 BBLs0 MCFJan 2025
Roo 22 StateEddy County, NM0 BBLs0 MCFFeb 2025
SedonaEddy County, NM1 BBLs7 MCFMar 2025
Spurck 1Eddy County, NM0 BBLs0 MCFFeb 2025
StateEddy County, NM0 BBLs3,834 MCFMar 2025
Tumak FederalEddy County, NM156 BBLs466 MCFMar 2025
ZaitEddy County, NM0 BBLs0 MCFJun 2022

Companies in the Area

These are the closest 0 companies operating near the Phillips Balding State property.

Company Name