Oil & Gas Property in Lea County, NM
Key data points for Belgian Blue 28 21 State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Feb 2024 - Feb 2025 |
| Total Oil Production | 626,839 BBLs |
| Total Gas Production | 355,852 MCF |
| Recent Oil Production | 56,884 BBLs in Feb 2025 |
| Recent Gas Production | 43,560 MCF in Feb 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for Belgian Blue 28 21 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$6,646,348 **
* 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 Belgian Blue 28 21 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Albatross State Com | Lea County, NM | 1,692 BBLs | 1,168 MCF | Feb 2025 |
| Alpha State Com | Lea County, NM | 87,850 BBLs | 57,853 MCF | Feb 2025 |
| Arco State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Eagle State Com | Lea County, NM | 15,855 BBLs | 11,024 MCF | Feb 2025 |
| Gateway 2 State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 885 BBLs | 1,440 MCF | Feb 2025 |
| Ironhouse 19 State Com | Lea County, NM | 1,945 BBLs | 2,599 MCF | Feb 2025 |
| Ironhouse 2 | Lea County, NM | 3,799 BBLs | 4,830 MCF | Feb 2025 |
| Ironhouse 3 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| New Mexico DD State | Lea County, NM | 77 BBLs | 0 MCF | Feb 2025 |
| Nighthawk State Com | Lea County, NM | 812 BBLs | 1,557 MCF | Feb 2025 |
| Norte State Com | Lea County, NM | 3,214 BBLs | 2,471 MCF | Feb 2025 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Reeves 26 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Reeves Queen WF Unit | Lea County, NM | 287 BBLs | 0 MCF | Feb 2025 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| South Vacuum | Lea County, NM | 106 BBLs | 3 MCF | Feb 2025 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Sep 2001 |
| Vacuum State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2007 |
These are the closest 20 companies operating near the Belgian Blue 28 21 State Com property.