Phillips Balding State

Oil Property in Eddy County, NM

Property Summary

Key data points for Phillips Balding State

CountyEddy County, NM
OperatorSAMUEL DALE HUGHES DBA HUGHES DRILLING CO.
Production DatesJan 1993 - May 2026
Total Oil Production3,891 BBLs
Total Gas Production0 MCF
Recent Oil Production6 BBLs in May 2026
Recent Gas Production0 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Phillips Balding State

ShaleAssessment

Not Available

MarketMultiple

$596 **

* 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 May 2026

Wells on Phillips Balding State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-01369PHILLIPS BALDING STATE 002SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.827847-104.167061
30-015-01370PHILLIPS BALDING STATE 003SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.831696-104.166946
30-015-01381PHILLIPS BALDING STATE 004SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.833523-104.164864
30-015-01382PHILLIPS BALDING STATE 005SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.829887-104.165802

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, NM47 BBLs0 MCFMay 2026
Aztec FederalEddy County, NM0 BBLs0 MCFDec 2020
Black Cat FederalEddy County, NM400 BBLs2,460 MCFMay 2026
CamilleEddy County, NM0 BBLs0 MCFDec 2021
Collier StateEddy County, NM0 BBLs37 MCFMay 2026
FederalEddy County, NM0 BBLs0 MCFJun 2021
Gulf StateEddy County, NM50 BBLs0 MCFMay 2026
Malco 23 Federal ComEddy County, NM4,709 BBLs17,151 MCFMay 2026
Maracas 22 StateEddy County, NM176 BBLs2,656 MCFMay 2026
Mayaro 22 StateEddy County, NM16,038 BBLs59,196 MCFMay 2026
Moncrief StateEddy County, NM172 BBLs3,433 MCFMay 2026
Mule Train 16 StateEddy County, NM0 BBLs0 MCFApr 2026
Pure FederalEddy County, NM0 BBLs128 MCFMay 2026
Roo 22 StateEddy County, NM49 BBLs0 MCFMay 2026
SedonaEddy County, NM42 BBLs328 MCFMay 2026
Sierra Nevada 23 State ComEddy County, NM6,661 BBLs17,388 MCFMay 2026
Spurck 1Eddy County, NM3 BBLs9,630 MCFMay 2026
StateEddy County, NM0 BBLs0 MCFApr 2026
Tumak FederalEddy County, NM100 BBLs1,317 MCFMay 2026
ZaitEddy County, NM0 BBLs0 MCFJun 2022