Oil & Gas Property in Eddy County, NM
Key data points for Rio Grande 2 1 State Com
| County | Eddy County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Dec 2023 - Mar 2026 |
| Total Oil Production | 1,902,533 BBLs |
| Total Gas Production | 6,695,819 MCF |
| Recent Oil Production | 22,882 BBLs in Mar 2026 |
| Recent Gas Production | 143,870 MCF in Mar 2026 |
| Wells on Property | 8 |
Our Valuation Estimates for Rio Grande 2 1 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$4,173,595 **
* 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 Rio Grande 2 1 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Cat 16 State Com | Eddy County, NM | 11,752 BBLs | 110,218 MCF | Mar 2026 |
| Bourbon Red 11 | Eddy County, NM | 16,340 BBLs | 176,888 MCF | Mar 2026 |
| East Millman | Eddy County, NM | 4,875 BBLs | 6,971 MCF | Apr 2026 |
| Hint 15 State | Eddy County, NM | 0 BBLs | 0 MCF | May 2023 |
| James Buchanan 33 State | Eddy County, NM | 191 BBLs | 1,051 MCF | Mar 2026 |
| Klondike 9 State Com | Eddy County, NM | 14,203 BBLs | 168,068 MCF | Mar 2026 |
| Lajitas BWQ State Com | Eddy County, NM | 808 BBLs | 4,924 MCF | Mar 2026 |
| Madera 9 State Com | Eddy County, NM | 22,618 BBLs | 202,520 MCF | Mar 2026 |
| Merchant State | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2017 |
| Millman | Eddy County, NM | 155 BBLs | 126 MCF | Apr 2026 |
| Palmillo | Eddy County, NM | 14,513 BBLs | 172,170 MCF | Mar 2026 |
| Palmillo 3 State Com | Eddy County, NM | 1,222 BBLs | 30,764 MCF | Mar 2026 |
| Pavo Macho 31 | Eddy County, NM | 20,406 BBLs | 80,100 MCF | Mar 2026 |
| Samuel Burns 34 State | Eddy County, NM | 0 BBLs | 0 MCF | Nov 2023 |
| Scanlon Draw 3 | Eddy County, NM | 3,654 BBLs | 40,543 MCF | Mar 2026 |
| State | Eddy County, NM | 273 BBLs | 628 MCF | Apr 2026 |
| Turkey Track | Eddy County, NM | 1,311 BBLs | 3,500 MCF | Mar 2026 |
| Walker 35 34 33 State Com | Eddy County, NM | 4,850 BBLs | 34,588 MCF | Mar 2026 |
| Wild Turkey 36 35 B | Eddy County, NM | 15,357 BBLs | 110,811 MCF | Mar 2026 |
| Wombat 13 Federal 124H | Eddy County, NM | 18,476 BBLs | 64,414 MCF | Mar 2026 |
These are the closest 20 companies operating near the Rio Grande 2 1 State Com property.