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 - Oct 2025 |
| Total Oil Production | 3,858 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 9 BBLs in Oct 2025 |
| Recent Gas Production | 0 MCF in Oct 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Phillips Balding State
ShaleAssessment™
Not Available
MarketMultiple™
$1,793 **
* 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 | 34 BBLs | 0 MCF | Oct 2025 |
| Aztec Federal | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2020 |
| Black Cat Federal | Eddy County, NM | 283 BBLs | 2,112 MCF | Oct 2025 |
| Camille | Eddy County, NM | 0 BBLs | 0 MCF | Dec 2021 |
| Collier State | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2025 |
| Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Gulf State | Eddy County, NM | 36 BBLs | 0 MCF | Oct 2025 |
| Malco 23 Federal Com | Eddy County, NM | 15,620 BBLs | 30,239 MCF | Oct 2025 |
| Maracas 22 State | Eddy County, NM | 15 BBLs | 3,194 MCF | Oct 2025 |
| Mayaro 22 State | Eddy County, NM | 28,644 BBLs | 60,510 MCF | Oct 2025 |
| Moncrief State | Eddy County, NM | 694 BBLs | 5,857 MCF | Oct 2025 |
| Mule Train 16 State | Eddy County, NM | 0 BBLs | 2,449 MCF | Oct 2025 |
| Oxy Pib Federal | Eddy County, NM | 0 BBLs | 7,027 MCF | Oct 2025 |
| Pure Federal | Eddy County, NM | 322 BBLs | 948 MCF | Oct 2025 |
| Roo 22 State | Eddy County, NM | 0 BBLs | 1,561 MCF | Oct 2025 |
| Sierra Nevada 23 State Com | Eddy County, NM | 16,534 BBLs | 28,682 MCF | Oct 2025 |
| Spurck 1 | Eddy County, NM | 0 BBLs | 12,407 MCF | Oct 2025 |
| State | Eddy County, NM | 0 BBLs | 3,163 MCF | Oct 2025 |
| Tumak Federal | Eddy County, NM | 1 BBLs | 290 MCF | Oct 2025 |
| Zait | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2022 |
These are the closest 20 companies operating near the Phillips Balding State property.