Oil Property in Eddy County, NM
Key data points for Phillips Balding State
| County | Eddy County, NM |
|---|---|
| Operator | SAMUEL DALE HUGHES DBA HUGHES DRILLING CO. |
| Production Dates | Jan 1993 - Feb 2026 |
| Total Oil Production | 3,877 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 4 BBLs in Feb 2026 |
| Recent Gas Production | 0 MCF in Feb 2026 |
| Wells on Property | 4 |
Our Valuation Estimates for Phillips Balding State
ShaleAssessment™
Not Available
MarketMultiple™
$1,246 **
* 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 Phillips Balding State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Atlantic State | Eddy County, NM | 45 BBLs | 0 MCF | Feb 2026 |
| Aztec Federal | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2020 |
| Black Cat Federal | Eddy County, NM | 550 BBLs | 2,220 MCF | Feb 2026 |
| Camille | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2021 |
| Collier State | Eddy County, NM | 118 BBLs | 81 MCF | Feb 2026 |
| Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Gulf State | Eddy County, NM | 53 BBLs | 0 MCF | Feb 2026 |
| Malco 23 Federal Com | Eddy County, NM | 8,496 BBLs | 22,968 MCF | Feb 2026 |
| Maracas 22 State | Eddy County, NM | 451 BBLs | 4,005 MCF | Feb 2026 |
| Mayaro 22 State | Eddy County, NM | 20,394 BBLs | 65,694 MCF | Feb 2026 |
| Moncrief State | Eddy County, NM | 123 BBLs | 4,051 MCF | Feb 2026 |
| Mule Train 16 State | Eddy County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Pure Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Roo 22 State | Eddy County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Sedona | Eddy County, NM | 0 BBLs | 0 MCF | Jan 2026 |
| Sierra Nevada 23 State Com | Eddy County, NM | 9,701 BBLs | 22,129 MCF | Feb 2026 |
| Spurck 1 | Eddy County, NM | 0 BBLs | 5,085 MCF | Feb 2026 |
| State | Eddy County, NM | 0 BBLs | 3,284 MCF | Feb 2026 |
| Tumak Federal | Eddy County, NM | 155 BBLs | 1,045 MCF | Feb 2026 |
| Zait | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2022 |
These are the closest 20 companies operating near the Phillips Balding State property.