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 - Mar 2026
Total Oil Production3,881 BBLs
Total Gas Production0 MCF
Recent Oil Production4 BBLs in Mar 2026
Recent Gas Production0 MCF in Mar 2026
Wells on Property4

Our Valuation Estimates for Phillips Balding State

ShaleAssessment

Not Available

MarketMultiple

$996 **

* 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 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, NM41 BBLs0 MCFMar 2026
Aztec FederalEddy County, NM0 BBLs0 MCFDec 2020
Black Cat FederalEddy County, NM386 BBLs2,370 MCFMar 2026
CamilleEddy County, NM0 BBLs0 MCFDec 2021
Collier StateEddy County, NM35 BBLs764 MCFMar 2026
FederalEddy County, NM0 BBLs0 MCFJun 2021
Gulf StateEddy County, NM15 BBLs0 MCFMar 2026
Malco 23 Federal ComEddy County, NM6,903 BBLs26,350 MCFMar 2026
Maracas 22 StateEddy County, NM440 BBLs4,027 MCFMar 2026
Mayaro 22 StateEddy County, NM18,195 BBLs67,454 MCFMar 2026
Moncrief StateEddy County, NM187 BBLs4,326 MCFMar 2026
Mule Train 16 StateEddy County, NM0 BBLs0 MCFFeb 2026
Pure FederalEddy County, NM0 BBLs0 MCFFeb 2026
Roo 22 StateEddy County, NM0 BBLs0 MCFFeb 2026
SedonaEddy County, NM0 BBLs0 MCFFeb 2026
Sierra Nevada 23 State ComEddy County, NM8,821 BBLs25,013 MCFMar 2026
Spurck 1Eddy County, NM2 BBLs10,637 MCFMar 2026
StateEddy County, NM0 BBLs0 MCFFeb 2026
Tumak FederalEddy County, NM78 BBLs916 MCFMar 2026
ZaitEddy County, NM0 BBLs0 MCFJun 2022